Australia

Will focus on consumer and small business lending.

Infusion to strengthen the bank’s financial position.

Supply chain financing is an attractive line of business that is not without its inherent risks. The banking industry understands this but may not necessarily be aware of or may not have the necessary controls to identify all of the red flags.

Branches in these 4 areas will be open for assistance.

HSBC has appointed Simon Babbage to the role of Head of Payments and Cash Management for HSBC in Australia where he will be responsible for delivering global cash and liquidity management services and products to corporates and financial institutions. 

Only A$32b out of A$1.6t deposits is held by foreign banks in Australia.

It eyes boosting planning, performance and analytics.

UOB also considers bidding for this bank.

Find out the two payments for the warrants.

The Chief Executive Officer of the Commonwealth Bank, Ian Narev, announced the resignation of Ian Saines, Group Executive, Institutional Banking and Markets. Mr Saines will leave the Group at the end of 2013. Mr Saines has been with the Commonwealth Bank Group since 2004. During that time he has occupied several senior executive positions with the institutional banking division. He was appointed Group Executive, Institutional Banking and Markets in March 2009. Under his leadership, Mr Saines has significantly reformed the Institutional Banking and Markets business by designing and implementing the Total Capital Solutions strategy. This strategy has established the Commonwealth Bank as the only universal wholesale bank in the domestic market. Mr Narev said, “We greatly appreciate Ian’s contribution to our Institutional segment. During the past 4 years Ian has been a valued and highly regarded member of the Group’s Executive Committee. Importantly, Ian led the business through the challenging GFC period and through to the most recent financial period where the continued progress of the Total Capital Solutions strategy led to a 10% lift in profits.” “On behalf of the entire Group, we wish Ian all the very best as he pursues the next phase of his career.” Mr Saines said, “It has been an enormous privilege to have played a role at the Commonwealth Bank Group since 2004, during which time I have witnessed a proud organisation continue to set and achieve even higher standards. I consider my current role to be one of the best in Australian banking, so a decision to stay would have been easy. However the strength of the business and the outstanding quality of its talent gives me the opportunity at this time to move on to a new phase in my career.” Mr Narev indicated that an announcement regarding a replacement for Mr Saines would be made in due course. The Commonwealth Bank will continue with its strategic intention to develop globally competitive capabilities and will undertake a global search as well as an assessment of the very strong internal candidate pool.

It's a special 6-month rate.

Geczy comes to Australia and New Zealand Banking Group

Revenue also increased by around 1%.

ANZ is using Mobiliti Reach from Fiserv.

That's for the financial year ended 30 June 2013.

It can store US$2.13 billion worth of gold.