Suncorp happy with banking

Suncorp's banking arm is "core to the group", the insurer's new CEO, Patrick Snowball, told the annual meeting in Brisbane yesterday. read more

ROE mirage for NAB

Whether National Australia Bank's management really mean it, is doubtful, but one morsel of aspiration (you wouldn't call it guidance) offered up yesterday by management in the investor briefing on th.. read more

Second half loss for NAB

The profit highlights of National Australia Bank for 2009 are principally lowlights, and feature skinny profits in Britain and New Zealand, bad debts escalating as rapidly in the second half as in the.. read more

Operational risks rising at NAB

One detail itemised by National Australia Bank at note 4 to its 2009 full year accounts is the "charge to provide for operational risk event losses". read more

A capital planning conundrum

One topic that the dreamier followers of banks would like clear guidance on from banks at the moment is their capital management. They are unlikely to receive much. read more

Export finance available, but not in demand

One interesting indicator of the subdued demand from businesses for credit is the annual report of the Export Finance and Insurance Corp, one of the Australian government's few remaining financing bus.. read more

ING exits insurance and sticks to banking

ING will divest itself of its insurance and asset management businesses worldwide, and also sell its ING Direct banking business in the United States. Select banking businesses in its home market in t.. read more

Johansen frets over banking hazards

Robert Johansen, chair of Bendigo and Adelaide Bank, chimed in on the debate over the consequences of the extensive government financial aid to banks, worldwide, at the bank's annual meeting yesterday.. read more

Bendigo limited by funding options

Bendigo and Adelaide Bank remains worried over the availability, and price even if available, of retail and wholesale funding. So in turn, the bank wonders about its ability to effectively compete eve.. read more

Banking consensus on Eftpos fee shift

The usual line-up of protagonists mailed, or emailed, in pretty predictable submissions to the Payments System Board over the PSB's plans to loosen the controls on the setting of interchange fees on E.. read more