Qantas crisis tests Qudos CEO 01 June 2020 6:03AM These are delicate times for Qudos Bank - formerly the Qantas Staff Credit Union, given “the majority of deposits” – and surely the majority of loans – “are from employees and former employees of.. read more
Delphi and Rural rue the font in unfair bank contracts 01 June 2020 6:02AM How big or small are the Delphi Bank and Rural Bank brands in the world of Bendigo and Adelaide Bank? A Federal Court ruling that held a range of small business loan contracts from Delphi and Rural we.. read more
Arrears dip, caution rises at Bendigo 29 May 2020 6:20AM Mortgage arrears are falling but business arrears are rising at Bendigo and Adelaide Bank, with the bank the latest to raise a pandemic-related provision. read more
All digital on Police beat 29 May 2020 6:18AM Police Bank has closed mainland branches and confirmed the redundancy and redeployment of dozens of staff. read more
Banking’s real battles remain ahead, says Byres 28 May 2020 6:19AM “Solvency pressures are mounting as credit risks come to the fore,” the APRA chief said in a speech last night. read more
NAB digs retail capital 28 May 2020 6:17AM National Australia Bank increased its post-results capital raise under the retail share purchase plan by A$750 million, taking the bank’s total capital raise to $4.25 billion. read more
WI Xinja money ‘taking longer’ 27 May 2020 5:57AM Xinja Bank “raised $10 million [in capital] last week” the bank dumbfounded its depositors with a comment on blog post last night. read more
Symple and small, for now 27 May 2020 5:55AM Origination volumes in the 17 months since Symple Loans’ launch in January 2019 “are approaching $40 million,” CEO Bob Belan tells Banking Day. read more
20 2 4 Bells for CBA 25 May 2020 6:15AM In Matt Comyn’s C-suite a push to overturn the old boys culture is overdue. read more
Cash crawls back 22 May 2020 5:34AM Good old cash may be staging the beginnings of a comeback in the face of the surge in digital payments due to the pandemic, depending on the nostalgia and preferences of consumers as lockdown rules ea.. read more