Australia
Trading platform Banxso secures Australian license
It will offer real-time data, analytics tools, and educational resources.
Trading platform Banxso secures Australian license
It will offer real-time data, analytics tools, and educational resources.
Australia’s Defence Bank lending strategy buoys strong asset quality
The bank’s problem loans will remain below 0.5%, says Moody’s.
POS terminals, e-commerce drive up card usage in Australia
Value added benefits like rewards points and discounts have made cards attractive.
Chart of the Week: Australia’s card payments to rise 8% in 2024
Debit cards rise with Australians reluctant to take on credit card-related debt.
Australia’s central bank names first-ever COO
Susan Woods has served as Assistant Governor (Corporate Services) at RBA since 2018.
CBA now a validation agent in the global legal entity identifier system
This comes ahead of Australia updating its OTC derivative transaction reporting rules.
Judo Bank poised for growth over next two years
Strong margins, rising lending assets will push it to expand.
Standard Chartered names Jacob Berman as Australia CEO
Berman first joined SC in 2012 and has worked in Singapore and Dubai.
CBA credit losses to remain low over next two years: S&P
Share buyback will shave off reserves, but CBA should be able to remain above capital requirements.
Bendigo and Adelaide Bank warns of impersonation scams
Criminals pose as bank brands to phish money and banking information.
National Australia Bank appoints Andrew Irvine as new group CEO
He will also become NAB’s managing director, beginning 2 April.
Citi names Cristina Chang as head of markets for Australia, New Zealand
Chang will retain her role as head of asset backed financing.
MUFG purchases 100% stake in Australian holding group
The acquisition is valued at AU$1.1b.
APRA updates banking standards to manage interest rate risk more effectively
The updates aim to reduce volatility in the IRRBB capital charge, enhance incentives for risk management, and simplify the IRRBB framework.
Australia to amend retail payments regulation in 2024: governor
Reforms will include better cost transparency from BNPL, mobile wallets.
APRA keeps current macroprudential policy settings
Cost-of-living, the economic outlook, labour market, and borrowing cost were factors considered.
DBS provides S$180m green loan to refinance Melbourne office tower
The 17-level building in Collins Street is wholly owned by public sector pension fund KWAP.
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1. Zed challenges banking norms with no interest, forward-looking credit card 2. Citi names Amit Dhawan as head of CCB Singapore 3. StanChart joins Visa’s B2B Connect to enhance cross-border payments 4. Hang Seng Bank warns against phishing email 5. Fintech Qashier clinches in-principle approval for a MPI license from MASAwards
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