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Eftpos services firm Keycorp looks likely to be sold to a fund managed by Archer Capital if shareholders in the target endorse a scheme of arrangement proposed yesterday. read more

The sensitivity to the charge that property prices in Australia are over valued and thus that prices must fall, to the detriment of bank earnings, informs a presentation being used in an offshore in.. read more

Five technology vendors have been selected by Credit Union Australia to receive request for tenders for the firm's core system overhaul. The system being replaced was one developed by CUA in-house man.. read more

The planned discount of 50 per cent on interest on the first $1000 of interest earned on deposits will be put off for one year to help fund additional government spending in regional Australia. read more

Macquarie Group yesterday produced a curious update on its earnings outlook for its present financial year, and one that in key details contradicted the guidance - in connection with the bank's firs.. read more

The early estimate on the damages bill arising from Saturday's force 7.1 earthquake centred to the west of Christchurch is around NZ$2 billion. New Zealand's Treasury is the source of this estimate,.. read more

Major banks in New Zealand announced assistance packages for customers in the Canterbury region. Details differed but included: a deferral of interest for three months, waiver of early withdrawal co.. read more

A vision of a cashed, rather than a cashless, society continues to inform the plans of niche providers to the banking sector. One start-up seeking capital from an ASX listing is an aspiring deployer.. read more

My ATM last Friday issued a replacement prospectus and will push ahead with plans to sell at least $4 million, and as much as $10 million, in new shares for a 21 per cent stake in the company. The c.. read more

Ten years after selling its Australian arm in a management buy out Dun & Bradstreet Corp has bought the business back. read more