Australia
What Australia's liquidity reform update means for the banks
Some features are credit positive.
NAB offers $1000 cash back to homeowners
That's if they switch their mortgage to NAB.
Commonwealth Bank cuts 3-year fixed rate home loans to 4.89% per annum
Some of its fixed home loan rates are at 20 year lows.
Commonwealth Bank cuts interest rates by 0.25% per annum effective August 14
The new Standard Variable Home Loan Rate is 5.9%.
This is why the currency's decline is credit positive for Australian banks
It reduces the banks' offshore funding task.
6 implication areas in digital strategy Asian wealth managers should bear in mind
Wealth management companies, like those in many other industries experiencing digital disruption, need to adapt quickly and pragmatically to determine their digital strategy.
Lloyds considering sale of Australian banking units
It’s Lloyds latest bid to strengthen capital position.
Commonwealth Bank of Australia submits 3 internalisation proposals
Find out more about the proposals here.
National Australia Bank appoints Craig Drummond as group executive finance and strategy
National Australia Bank Chief Executive Officer Cameron Clyne announced the appointment of Craig Drummond as Group Executive Finance and Strategy.
ANZ, NAB least liked Australian banks
Business customers rank both the worst for 12 months.
National Australia Bank has the largest business deposits market share
NAB leads the market with 23.9%.
Big Four Aussie banks' FX markets dominance challenged by Western Union, AMEX, OzForex
The banks' Spot FX market share fell to 64% in April 2013.
Why Asian banks must beware of the threat posed by Aussie banks
Transaction Banking in Asia is dominated by the ‘Big Three’ of Standard Chartered, HSBC and Citigroup - however the emergence of ambitious competition from abroad poses distinct challenges to both large and small banks.
Commonwealth Bank appoints Neal Livingston as global head of trade and transaction services
The Commonwealth Bank announced an appointment in its Institutional Banking & Markets business.
ANZ could fire 600 staff in Australia
Will outsource jobs to either the Philippines or New Zealand.
Aussie banks' earnings feared to slow in 2014
Operating environment is likely to deteriorate.
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