CBA IT corruption exposed 14 May 2024 6:14AM Latest news Ian Rogers When cajoled into accepting a bribe and you work for a bank, take care not to arrange for that bribe to be paid into the same account with that bank linked to your corporate credit card, which will be.. read more
Big banks and brokers the best of frenemies 09 May 2024 12:58AM Latest news John Kavanagh Banks are looking for ways to preserve margins in their home loan businesses and one area where they are taking a harder look is their relationships with brokers. read more
ANZ Plus hitting its straps 08 May 2024 5:51AM Latest news John Kavanagh After two years of operation, ANZ’s digital retail brand ANZ Plus is growing customer numbers and deposits strongly and is proving its value as an efficient banking platform. read more
ANZ results at a glance 08 May 2024 5:48AM Latest news John Kavanagh ANZ reported a net profit of A$3.4 billion for the six months to March 2024 – a fall of 4 per cent. read more
Macquarie has a deposit problem 06 May 2024 7:46AM Latest news Macquarie Bank is having trouble doing enough new lending to soak up the inflow of funds from its strong deposit franchise. read more
Andrew Irvine sticks to McEwan's script 03 May 2024 1:18AM Latest news John Kavanagh NAB’s new chief executive Andrew Irvine hosed down speculation of big changes around strategy, by saying the market should not expect any “major pivot”. read more
Credit quality issues emerge at NAB 03 May 2024 1:16AM Latest news John Kavanagh At first sight, NAB’s credit quality looks to be in good shape, but there is more to it. read more
Margin pressures easing NAB says 03 May 2024 1:11AM Latest news John Kavanagh Margin pressures that have hit bank earnings over the past year are starting to moderate. read more
NAB results at a glance 03 May 2024 1:02AM Latest news John Kavanagh Not as crappy as they first seem, though profits fell across the board at NAB. The bank's corporate and institutional banking is doing best at margins. read more
De-banking crypto helps curb scam losses 29 April 2024 4:13AM Latest news Ian Rogers Efforts by banks, telcos and others to combat the scourge of scams are bearing fruit. The Targeting Scams report reveals a 13 per cent decline in reported scam losses to $2.7 billion over the year to.. read more
Armaguard and banks reach terms 26 April 2024 4:59AM Latest news Ian Rogers Incredibly, Prosegur are interested in buying Armaguard, but this won’t be needed. The ABA is understood to have reached terms with Armaguard that will assure cash distribution is maintained. read more
Bank branch closure inquiry wraps 17 April 2024 3:16AM Latest news Ian Rogers A bank branch (mainly NAB’s) closed in regional Australia every 5 days since a Senate inquiry into bank closures in regional Australia was announced early last year. read more
NAB overhauls home loan marketing strategy 17 April 2024 3:09AM Latest news John Kavanagh NAB has slashed its advertised home loan rates to bring them into line with the rates borrowers actually pay. read more
Briefs: NAB partners with CrowdStrike, Scotpac gets into payroll, Zip sheds customers, Suncorp hybri 17 April 2024 3:01AM Latest news John Kavanagh NAB has formed a partnership with cyber security company CrowdStrike and is offering its SME customers a year’s free access to the CrowdStrike Falcon Go service. read more
Deposit mix key to banks managing rate cuts 16 April 2024 4:59AM Latest news John Kavanagh Deposits are 'key differentiators of profitability' and banks’ ability to manage their deposit mix will be important to their earnings when rates start to fall. read more
Briefs: ASIC CEO resigns, Pepper prices ABS, Butn tops up capital 16 April 2024 3:35AM Latest news John Kavanagh ASIC chief executive Warren Day is leaving the regulator to join the Commonwealth DPP. read more
NAB's new executive team 11 April 2024 6:29AM Latest news John Kavanagh NAB’s new chief executive Andrew Irvine has appointed Rachel Slade to take over running the bank’s biggest division, business and private banking. read more
More branch closures ahead 08 April 2024 6:43AM Latest news John Kavanagh Westpac leads the move to shut bank branches, with 167 closures last year, according to new research. read more
Westpac launches tech overhaul 28 March 2024 3:44AM Latest news John Kavanagh Westpac has launched an ambitious upgrade of its technology simplification program in a bid to improve customer outcomes and bring its cost-to-income ratio down to the level of its better performing b.. read more
Debenture decision all backwards 15 March 2024 5:13AM Latest news Ian Rogers In a decision that seems unlikely to stand, the Federal Court has found that Finder Wallet Pty Ltd’s crypto product Finder Earn is not a debenture. read more