Investors culpable in Opes affair 19 February 2009 5:38PM It is understandable ANZ cannot be fagged pointing out the responsibility of others in the losses from the failure of Opes Prime. One reason is the bank may have to concede fault on some points. Anoth.. read more
New Zealand dragging Westpac 19 February 2009 5:36PM Westpac, as with almost all banks, is managing rising losses in New Zealand. read more
More provisions needed for Westpac mortgages 19 February 2009 5:35PM Westpac owned up yesterday to under-reporting its credit exposure in the home loan sector. read more
Westpac asset growth at mid twenties 19 February 2009 5:34PM Westpac yesterday reported growth in credit assets of 5.9 per cent for the quarter, or 23.6 per cent over a year. read more
Standard Chartered tapped again 19 February 2009 5:31PM Nancy Wong, the new head of Asian strategy for ANZ arrives with a decent CV. read more
Syndicated lending gap estimated at $35bn 18 February 2009 6:21PM Whether or not there's less foreign bank capital available to sustain recent levels of lending to Australian business, and, if there is less, whether that is any sort of burden, are two of the undercu.. read more
Sharp fall in demand for Veda credit checks 18 February 2009 6:21PM Veda Advantage said it recorded a fourth consecutive monthly decline in enquiries by lenders of its records in relation to consumer loans in Australia. read more
AOFM selects three more mortgage funders 18 February 2009 6:20PM AMP Bank, Bendigo and Adelaide Bank and Credit Union Australia will be the next three mortgage funders to secure an investment from the Australian Office of Financial Management. The AOFM announced th.. read more