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Consumers maintain dissatisfaction with business banks? pricing
by Staff Reporter • 23 Dec 2008
Customers’ satisfaction over business banks’ pricing continues to slide, East & Partners’...
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Banks receive ratings downgrade
by Staff Reporter • 22 Dec 2008
Standard and Poor’s lowered the credit ratings of 11 international banks by one or two notches on Friday because...
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Irish government extends life line to leading banks
by Staff Reporter • 22 Dec 2008
The Irish government announced over the weekend that it would inject 5.5 billion Euros ($11.3 billion) into three of...
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NAB to snap up Wizard for bargain price
by Staff Reporter • 18 Dec 2008
NAB could purchase Wizard Home Loans for $30 million – just one tenth of the price realised by founder Mark...
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NAB Wizard purchase imminent
by Staff Reporter • 17 Dec 2008
NAB this morning confirmed that it is in advanced discussions to acquire the brand name and distribution network of...
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Westpac defends rate decision
by Staff Reporter • 12 Dec 2008
Westpac chief Gail Kelly has defended the bank’s decision not to pass on all of the most recent rate reduction...
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BoQ to seek more acquisitions in 09
by Staff Reporter • 12 Dec 2008
Bank of Queensland will focus once again on acquisition and merger opportunities in the new year, chief executive...
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Resimac seals $600m RMBS deal
by Staff Reporter • 11 Dec 2008
Resimac has successfully priced a $609.1 million RMBS deal off the back of the government’s RMBS assistance...
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Cash rate to hit 3pc as business confidence slumps: NAB
by Staff Reporter • 9 Dec 2008
Borrowers could see more fiscal stimulus from the government and even more aggressive cash rate cuts as the outlook...
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ANZ first to raise funds with government guarantee
by Staff Reporter • 9 Dec 2008
ANZ looks set today to become the first Australian bank to utilise the government’s wholesale guarantee scheme.
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