Skilton flays at wrong targets 28 May 2009 4:39PM Some direct, but nevertheless misdirected, criticism by Suncorp's acting CEO Chris Skilton at an investor briefing yesterday highlights the weakness in the positioning of his, and other, regional bank.. read more
Bendigo clarifies exposure to the MIS mess 27 May 2009 4:41PM Bendigo and Adelaide Bank yesterday clarified the extent of its loans to investors in tax-driven investment in the timber plantations of Great Southern Limited, which fell into administration two week.. read more
Property and manufacturing producing bad loans for ANZ 27 May 2009 4:40PM The rise in past due loans at ANZ is concentrated in personal lending, and presumably in the credit card book, the bank's "pillar 3" disclosures for the March 2009 quarter show. read more
St George loses tax appeal 27 May 2009 4:39PM St George Bank on Monday lost an appeal in the Federal Court over a six year old wrangle over the deductibility of distributions on "depositary capital securities" sold by the bank to offshore investo.. read more
MyState switches CEO 26 May 2009 4:34PM MyState Financial yesterday said it appointed John Gilbert as its new chief executive, effective tomorrow. He replaces Chris Brooks. read more
Diners also in the red 22 May 2009 4:53PM Settlement of the second of the long-running wrangles with the administrators of Ansett Airlines and the costs of absorbing the business into Citi pushed Diners Club into the red in 2008, though the c.. read more
More losses for American Express 22 May 2009 4:53PM American Express Australia reported its second loss in a row in the year to December 2008, annual financial statements for the corporate and consumer credit provider show. read more
ATM choice adapts to on-screen fee 22 May 2009 4:52PM About 160,000 people a day changed their choice of automatic teller machine at which to withdraw cash during the month of March 2009, Reserve Bank of Australia payments data suggests. read more
Suncorp BOQ merger the likely option 21 May 2009 4:32PM A merger of Suncorp and Bank of Queensland, and then possibly a separation of the expanded banking business from Suncorp's insurance business, may be a more likely option than any kite flying about As.. read more
Eftpos regulation may remain 21 May 2009 4:29PM The Payments System Board dropped a pretty big hint yesterday that regulation of Eftpos interchange fees, and access, may remain in place. read more