Professional services (315 items)

The growth in so-called repo eligible RMBS – securities placed in a Reserve Bank committed liquidity facility to allow banks to meet APRA's liquidity target – is behind a growth in the corporate trusts business of Perpetual Ltd, which holds A$427 billion of securitisation funds under administration. read more

Bloomberg has acquired Barclays Risk Analytics and Index Solutions, which includes the Barclays fixed income benchmark indexes. Bloomberg's global head of financial products Jean-Paul Zammitt said benchmark and strategy indexes were of growing importance in investment markets. read more

Catch up with best banking news around. read more

The argument between the banks and Apple over Apple Pay is not only about access to the iPhone's NFC chip. The payments industry peak body says forcing Apple to accept a common set of security standards would provide a net public benefit. read more

Andrew Cornell, managing editor at BlueNotes reviews Shadow Banking in China: An Opportunity for Financial Reform, by Andrew Sheng and Ng Chow Soon from the Fung Global Institute. read more

Retail finance activities made a significant contribution to the earnings of the remuneration services and fleet leasing specialist McMillan Shakespeare, as the company started to enjoy a strong revenue flow from recent acquisitions in the finance market. Now the company says it is ready to expand its retail finance activities beyond vehicles. read more

Citigroup and US telecommunications giant AT&T have settled their dispute over  the word "thanks". Citi took AT&T to court claiming the tag "AT&T thanks" as part of a customer loyalty program was too similar to Citi's "thankyou" tag. read more

Australian retailers have backed the banks' application to negotiate collectively with Apple over access to its mobile payments technology, reminding the Australian Competition Commission that it has made a big investment in NFC technology, which it wants to keep open and inclusive. read more

The languid pace of the penetration of the US magnetic card user base by EMV cards is highlighted in a new Nilson Report study, and the slow pace of uptake to date may be why Apple Pay has missed its chance at early traction in a mass market lacking user coaching on the use and merit of NFC payments, via chip cards. read more

The explicit use, or misuse, of the Australian Financial Markets Association is a crucial part of the class action being run in the US by Sonterra Capital, Frontpoint Financial and Richard Dennis against an array of banks for alleged BBSW rate fixing. read more

Spanish banking major Banco Santander SA is exiting the Australian market, not long after the bank opened its first branch in Australia in 2012 in a bid to increase its presence in the Asia-Pacific region. read more