Rural Bank breaks the ABS drought 17 August 2009 4:45PM Rural Bank may also be about to demonstrate that debt investors are once again willing to invest in asset-backed securities. read more
ATM fees convert Customers cash 14 August 2009 4:33PM Automatic teller machine operator Customers Limited said use of its independently-owned ATMs was "returning to around 90 per cent" of the level prior to the 3 March 2009 shift to direct charging for A.. read more
SA credit unions merge 14 August 2009 4:33PM Two credit unions in South Australia, Australian Central and Savings & Loans, plan to merge by the end of the year, creating an entity with $7 billion in assets. The merged mutual will be the seco.. read more
Institutional banking rebounds in second half 13 August 2009 4:32PM The pain for the institutional banking business at Commonwealth Bank (and perhaps elsewhere) may be over. read more
Lending losses rise fastest in business 13 August 2009 4:31PM More than half of Commonwealth Bank's crook loans in the construction and property sectors were originated by Bank of Western Australia, CBA's quarterly "pillar 3" disclosure document, also published.. read more
CBA seeks $700m from latest hybrid 13 August 2009 4:31PM Commonwealth Bank will sell $700 million in hybrid securities, CBA said yesterday. The securities will be "non-innovative" and count as tier one capital. read more
Aussie valued at $213m 13 August 2009 4:30PM Commonwealth Bank yesterday disclosed that it paid $71 million to buy a one-third stake in Aussie Home Loans late last year. read more
Pillar 3 disclosure delayed 13 August 2009 4:30PM One curiosity yesterday was Commonwealth Bank's delayed publication of the "pillar 3" report on capital adequacy and risk disclosures. read more
Visa concedes on interchange in NZ 13 August 2009 4:14PM Visa International has sorted out, to an extent, its long running legal wrangle with Commerce Commission in New Zealand over interchange fees. read more
Half-hearted tax provision taken by BNZ 12 August 2009 4:28PM Bank of New Zealand (and thus its owner, NAB) will finally take a provision in its accounts for a tax liability first incurred (but contested by the bank) more than four years ago. read more