CBA gives credit to renewables 16 November 2015 4:51PM Commonwealth Bank has "unlimited" appetite for lending to renewable energy, Fairfax Media reported over the weekend. read more
Byres models the risk in Australian banking 13 November 2015 5:03PM Banks may be getting set for the next reckless credit boom, APRA chief Wayne Byres cautioned in a speech yesterday. read more
ANZ and Westpac bonuses soft 12 November 2015 4:43PM The details of Westpac's top executives' pay in the bank's 2015 annual report, released yesterday, provided another, if periodic, perspective on the progress of its business. Five of the top seven exe.. read more
Comment: Sydney costs baked into banking 12 November 2015 4:42PM Better than $3 million is a credible pay packet at the head offices of Westpac, with Phil Coffey, the deputy CEO at the head of this pack. read more
Hirst extends Bendigo contract 11 November 2015 5:00PM Mike Hirst will remain as managing director of Bendigo and Adelaide Bank, working under an employment contract with no fixed term. read more
Sankaty confirmed as buyer of GE Capital remnants 11 November 2015 4:56PM GE yesterday confirmed it had agreed to sell GE Capital's Commercial Lending and Leasing portfolios in Australia and New Zealand to Sankaty Advisors, the global credit affiliate of Bain Capital. read more
Mutuals not deploying their capital effectively: KPMG 10 November 2015 4:30PM Mutual banks, credit unions and building societies fared better on asset growth and member growth over the 2015 financial year, but conservatism may be hampering the sector. read more
Australian Unity bond not so simple 10 November 2015 4:29PM Australian Unity is in the market to sell around A$200 million in ASX-listed unsubordinated and unsecured bonds from retail investors. The minimum amount sold will be $50 million. read more
GE Capital sale almost done 10 November 2015 4:28PM GE Capital may be on the verge of finally outlining the sale of its Australian commercial finance arm. read more
Pacific wears pain of AML/ATF backlash 09 November 2015 5:06PM A decline in correspondent banking relationships is underway worldwide, to the detriment of some vital financial flows such as remittances. read more