NAB passes baton on savings rates

National Australia Bank may be allowing the momentum to slow on deposit inflows into its UBank brand, with the bank so far content to leave its interest rate unchanged on its previously market-leadi.. read more

Haphazard budgeting by CBA

Commonwealth Bank must inform the Finance Sector Union within 24 hours of any shift in its position of refusing to increase the wages of its staff, Fair Work Australia ordered on Friday. FWA decline.. read more

Harvester leases attract investors

CNH Capital yesterday priced $350 million in asset-backed securities in a deal lead by ANZ, and the first ABS transaction in six months. The loans are secured by leases over harvesting and other agr.. read more

Orderly rate rise this month

Mutterings by big bank CEOs over recent weeks on the likelihood of further widening margins on home loans came to nothing yesterday, as the sector's leading lenders lined up behind NAB (which once a.. read more

Bids due today on RBS

Up to half a dozen expressions of interest are likely to emerge by tonight's deadline in connection with the sale of a portfolio of branches in Scotland and England that Royal Bank of Scotland must.. read more

Panin choices clearer for ANZ

ANZ and Panin banks are beginning to unwind their long relationship in Indonesia. ANZ announced on Thursday that it was in "advanced discussions" to buy an additional 14 per cent stake in ANZ Panin fr.. read more

Woolworths sets the pace in payments

Jostling for advantage in the - for once - changing world of payment processing must be the prime reason for Woolworth's slap this month at those pervasive brands, MasterCard, and Visa. read more

BOQ progresses in banking queue

Bank of Queensland achieved a minor milestone over the last month, elbowing past Suncorp Metway and also BankWest to become the sixth-largest holder of household deposits of any bank in Australia. read more

Securency lacked controls on agency payments

The managing director and company secretary of Securency International both left the firm yesterday, The Age reported. Their departure - it is not clear if they are resignations - follows the public.. read more