Branches of Foreign Bank (119 items)

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Debelle demands action on rates swap

Any new securities that persist with BBSW as the interest rate benchmark "must have robust fall-back provisions" in order to be eligible for use in repo dealings with the Reserve Bank, Guy Debelle said yesterday.Or just use the cash rate, which will be the alternative anyway, an option the market is taking up super slowly. read more

Jane Hume carries financial chalice

Two junior ministers will share responsibility for financial services in Scott Morrison’s new government. Michael Sukkar returns as assistant treasurer and also minister for housing, while Jane Hume will be assistant minister for superannuation and financial services. read more

Cornered Australian finance sector faces Hayne salvo

Asking the right questions but rarely answering them, Kenneth Hayne's interim report for his royal commission is a blend of populist scorn for, mixed with a sturdy defence of, a rattled banking industry. read more

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