Westpac told but did not listen

Westpac copped a warning from the Australian Communications and Media Authority over what the regulator described as prohibited telemarketing calls. read more

Australia an emerging market

The Australian Prudential Regulation Authority yesterday said in a media release that it and the Reserve Bank of Australia would join an enlarged governance body for the Basel Committee of the Bank fo.. read more

Returns halve at Great Western

National Australia Bank paid $US20 million for the Colorado-based assets of First Community Bank through its subsidiary Great Western Bank, the US bank announced a week ago. read more

New broom at NAB

National Australia Bank included one financial decision and announced a refreshed senior management team as part of its presentations for yesterday's strategy day. read more

ABIP earns wider mandate

The Australian government may co-invest in commercial loans in any industry sector and will not confine its lending to commercial property and construction as first suggested by the government when co.. read more

Aussie picks through Wizard carcass

Operators of some Wizard Home Loans franchises are being told they must move to a different town and even interstate if they want to take on an Aussie Home Loans franchise as part of the purchase by t.. read more

GE seeks clearance for third line forcing

GE Capital, through its solicitors Mallesons Stephen Jaques lodged a "notification of exclusive dealing" with the Australian Competition and Consumer Commission on 25 February, a week after news emerg.. read more

Opes bill shaved for ANZ

The cost to ANZ of meeting its share of the settlement with the creditors of Opes Prime is likely to work out at $180 million of the $253 million agreed with the liquidator of the firm, the Sydney Mor.. read more