Australia

Australia’s central bank names first-ever COO

Susan Woods has served as Assistant Governor (Corporate Services) at RBA since 2018.
5 days ago

Australia’s central bank names first-ever COO

Susan Woods has served as Assistant Governor (Corporate Services) at RBA since 2018.
5 days ago

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.

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.

Commonwealth Bank of Australia exploring GenAI use to test products

They are exploring the creation of GenAI chatbots that emulate human behaviors.

ANZ pays A$15m fine for excessive credit card advance fees

ANZ reportedly breached the ASIC Act and the National Consumer Credit Protection Act.

Australia looking to tap potential of AT1 bonds

This exploration will alleviate any potential risks that may dawn the banking sector.