BOQ still for sale 16 October 2009 5:48PM Plans for, or perhaps that's really a hope for, some sort of "transformational" transaction remain a strategic goal for Bank of Queensland. read more
Profit springing back at BOQ 16 October 2009 5:47PM Bank of Queensland's earnings are recovering from what turned out to be only a minor dip thanks to the credit shock, not that BOQ's earnings were anything special in the first place. read more
NZ Treasury puts a price on the retail guarantee 15 October 2009 5:30PM New Zealand's government has provided for NZ$816 million in its financial statements as at 30 June 2009 to allow for future payments under the guarantee for small, and mainly non-bank, financial insti.. read more
ASIC slap for CBA 15 October 2009 5:27PM Commonwealth Bank made an admission, of sorts, and paid a $100,000 fine over the episode in December 2008 when Merrill Lynch (briefed by CBA) and perhaps some institutional investors contacted by Merr.. read more
Debating bank solvency in the crash of 2008 14 October 2009 5:25PM The facts of the solvency, or otherwise, of one or more of the four Australian banks at the peak of the financial crisis in October 2008 is a topic generating some heat over the last day or so. read more
Revenue revolution required at InfoChoice 13 October 2009 5:28PM The requirement to justify the goodwill on subsidiaries, and no doubt the desire to avoid any impairment, mean that the firm's owner, Once Pty Ltd, is projecting average revenue growth at InfoChoice o.. read more
Third dose of AOFM funding for small lenders 12 October 2009 5:48PM No doubt to the delight of non-banks and smaller banks and their lobbyists, the Australian government will stump up another $8 billion in "support" for - which may not mean actual investment in - the.. read more
Small business loans qualify for AOFM aid 12 October 2009 5:47PM Business loans, but not, it seems, commercial mortgages, will qualify for investment from the Australian government in its third round of funding intended to sustain the competitive position of lender.. read more
Pressure piling on Rock 12 October 2009 5:41PM In a sign of a probable, planned bond sale by The Rock Building Society, Moody's released a rating on The Rock on Friday. Moody's assigned 'Baa3/P-3' long- and short-term credit ratings with a stable.. read more
MIS arrears worsen for Yield Trust, and Bendigo 09 October 2009 5:28PM The Asset Yield Trust yesterday said it lifted its provisions for impairment on loans to investors in managed schemes of Great Southern Plantations to $16.7 million from a provision of $4.3 million re.. read more