NAB losing lead in business deposits 01 July 2009 3:10PM NAB and ANZ are the two banks winning more than their fair share of business deposits in the nine months since Lehman Brothers and others dragged finance asunder. read more
ANZ leads deposit pack 01 July 2009 3:09PM ANZ is winning deposit business, if the monthly APRA series is presenting an accurate picture. read more
Bank exits cut loan funding 01 July 2009 3:08PM There is a pull-out of foreign banks from Australia, data for the half year to June 2009 from Loan Pricing Corp shows. read more
Another troubled hybrid a drag on NAB earnings 30 June 2009 4:57PM National Australia Bank is facing up to the likelihood of having to pay disputed tax over hybrid securities, known as ExCaps, originally sold in 1997. read more
Demutualisation vote for MyState in seven weeks 30 June 2009 4:56PM MyState and Financial and Tasmanian Perpetual Trustees will vote on the proposed merger of the two firms at special meetings on August 18 and August 19, the two companies announced yesterday in a medi.. read more
Wide Bay pays a premium for subordinated debt 29 June 2009 4:37PM Wide Bay Australia sold only $15 million, rather than $25 million in lower tier II, subordinated notes, the lender disclosed on Friday. read more
Pathways a pipedream for BOQ 26 June 2009 4:26PM Bank of Queensland continues to scratch around for takeover and merger options, and in the meantime continues to pump out the rhetoric over how the effort to generate actual options is going. read more
Macquarie relaxes grip on trusts 26 June 2009 4:25PM Macquarie Group will consent to one of its satellite funds removing the group as manager, with the fund directly employing all management and staff itself. read more
Storm strife $105m for BOQ 26 June 2009 4:25PM Bank of Queensland disclosed yesterday that it had aggregate loans of $105 million to 319 clients with links to Storm Financial, the failed financial planning group that is producing material loan los.. read more
Whitfield takes helm at WIB 25 June 2009 4:18PM Phil Chronican, group executive for institutional banking, will leave Westpac the bank announced yesterday. read more