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Consolidation at the upper end of the credit union sector continues to gather pace. The boards of mecu, based in Melbourne, and Teachers Credit Union, based in Sydney, agreed to recommend a merger to.. read more

John Trowbridge, one of three members of the Australian Prudential Regulatory Authority, yesterday indulged in a little inter-agency finger pointing. read more

Banks in New Zealand are using risk weights, for the purpose of allocating capital, that are between half and twice as much as the risk weights that apply to the same loans when provided by the same b.. read more

National Australia Bank is looking into making offers to take over one or more building societies in Britain, The Observer newspaper reported. read more

Phil Chronican will take over as chief executive of ANZ's Australian banking business from November, the bank said yesterday. read more

Myer Holdings yesterday provided some glimpses into its payment card business with the publication of the prospectus for the forthcoming initial public offer. read more

It will be up to the courts to determine the meaning behind terms such as 'hardship' and 'appropriate' in the new credit licensing law, ASIC commissioner Peter Boxall told a Melbourne Centre for Finan.. read more

In the group's annual report, published on Friday, Suncorp more or less confirmed, at long last, the fact, though not the significance, of its near-death experience 12 months ago. read more

Commercial insurance may be, alongside banking, one of the weaker links in the chain that comprises the Suncorp Metway financial group. read more

One piece of received wisdom worth putting into perspective is the suggestion that the ANZ and ING joint venture is in some fashion an underachiever, in the life segment at least. read more