ANZ corners keen price on RMBS funding 28 November 2016 5:04PM ANZ's Kingfisher Trust RMBS last week landed 11 basis points nearer to zero than the previous best price, on its latest A$2 billion deal (bettering ME's 118 bps over on an issuance in mid October). read more
An admitted cartel of two in Australian banking 28 November 2016 5:03PM Two stellar names - ANZ and Macquarie - consented on Friday to the label of engaging in cartel conduct in Singapore, in 2011. The ACCC's list of cartel principals in Australian banking must be ripe to.. read more
ANZ and Macquarie snoops follow MAS rulebook 28 November 2016 5:02PM Better policies, more training, patrols for any conflicts of interest, more spying on staff and more audits. ANZ said they reformed across all these fronts in the wake of an MAS probe of Malaysian rin.. read more
Comment: Cartel tests bank defences 28 November 2016 5:00PM How severe are sanction scenarios over rate twiddling?One answer starts with the A$15 million joint fine on ANZ and Macquarie for cartel conduct. Peanuts. Barely a few hours profit.The admitted conduc.. read more
First rung reached by ThinCats 28 November 2016 4:56PM A small beer, low LVR loan is the first listing by P2P outfit ThinCats and crowdfunding platform and asset manager DomaCom. read more
Tribunal momentum overruns EDR schemes 25 November 2016 4:57PM A Banking and Financial Sector Tribunal will replace the Financial Ombudsman Service, the Credit and Investments Ombudsman and the Superannuation Complaints Tribunal if, as seems likely, the recommend.. read more
Labor sets out terms for a banking royal commission 25 November 2016 4:55PM Labor is still pushing for the banking royal commission and this week used a parliamentary committee report to set out its proposed terms of reference. read more
Few mutual bank candidates left on shelf 24 November 2016 5:01PM Thirteen credit unions or building societies still qualify for a shift to mutual bank status, a path already taken by 18 entities and soon to be followed by two more. The majority of these 13 ADI.. read more
Eftpos progresses wallet option 23 November 2016 4:43PM An Eftpos mobile wallet may make it to market some time in 2017. read more
Basel Committee tweaks its bucket list of global banks 22 November 2016 5:24PM No banks have been added or removed from the FSB's list of global systemically important banks, although some have had their capital surcharges lifted or lowered. read more