ANZ still talking savings

The macro numbers in ANZ's third-quarter trading update,  released on Friday, were mostly favourable for the bank. read more

Garbage bond funding for Reynolds

Reynolds Group Holdings, owned by New Zealand investor, Graeme Hart, may use US$5 billion in leveraged loans and junk bonds to finance the takeover of Pactiv Corp, a manufacturer of garbage bags. read more

HSBC and UBS bonds last of a kind

Two more international banks last week took the opportunity to sell Australian dollar debt, taking advantage of ample liquidity and favourable pricing to raise the funds and swap the proceeds into.. read more

Funders getting back to business

The machinery of securitisation may be grinding back into gear, with Macquarie Bank the latest to market a pool of mortgage-backed securities. The bank is selling $500 million in bonds through Puma.. read more

Let banks fail: Stevens

Bank regulators need to be able to let banks fail, a view that must inform decisions and regulations on how complex banks are allowed to become, Glenn Stevens, governor of the Reserve Bank of Austra.. read more

Yield improves for FlexiGroup

High-priced lease finance for small business and households is producing a reasonable return for equipment finance company FlexiGroup, which yesterday said it will report a full year "profit before.. read more

Westpac fares better in DBM business monitor

Westpac might be making progress in business banking, if the satisfaction ratings produced by DBM Consultants are any guide. On DBM's ratings Westpac now ranks equally with Commonwealth Bank in four.. read more

KEB a good get for ANZ

Korea Exchange Bank has to be a tempting option for ANZ - so tempting the board might as well go ahead and buy it. read more

Community bank escapes company tax

Some local businesses operating community bank franchises of Bendigo and Adelaide Bank may not have to pay company tax following a successful case brought by the operator of the only local bank in W.. read more