Leverage ratio a victim of politics 02 March 2010 5:58PM Some of the politics behind the working out of international rule-setting for banks got an airing at the ASIC Summer School in Melbourne yesterday. read more
Lending losses worsen for Lloyds 01 March 2010 5:30PM One seventh of the loan book of the Lloyds Banking Group business in Australia ranked as impaired at the end of December 2009, financial statements for the group published in Britain on Friday night s.. read more
LMI profits in the shadows 01 March 2010 5:29PM Lenders mortgage insurance helped prop up the wider general insurance business of QBE Insurance Group in 2009, but the details will have to wait for publication of better data by QBE's LMI subsidiary.. read more
Second capital return from Customers 26 February 2010 5:49PM Customers Limited, the owner of the largest fleet of automatic teller machines in Australia, will make a second return of capital to shareholders in coming months. read more
Second half profit fall at ING Direct 26 February 2010 5:49PM The net profit of ING Direct in Australia fell by $22 million, or 14 per cent, in the second half of the 2009 calendar year, which is also the financial year for the bank. read more
Revenue mirage at iCash Payments 26 February 2010 5:48PM The revenue recognition policy of iCash Payments may warrant a major question mark after the deployer of automatic teller machines reported revenue in its profit and loss statement more than a third h.. read more
National lending less 26 February 2010 5:44PM National Australia Bank adjusted its reserving policy from the December 2009 quarter, cutting the tier one capital ratio by 13 basis points. read more
The Rock dependent on RBA 25 February 2010 5:20PM The Rock Building Society sourced 13 per cent of its funding from the Reserve Bank of Australia at the end of December 2009, making the Rockhampton-based ADI one of the most mendicant deposit-taking e.. read more
MyState on track 24 February 2010 6:01PM The newly listed, and demutualised, MyState Limited is trading in line with budget, its debut accounts since merging with Tasmanian Perpetual Trustees show. read more
Generous dividend maintained by Wide Bay 23 February 2010 5:36PM Wide Bay continues to pay out one of the most generous dividends of any bank or building society in Australia, with a dividend of 32 cents a share, or $10.1 million in all, to be paid to shareholders. read more