Australia
Westpac hires more senior managers for Asian expansion
Continues to poach senior bankers from global competitors.
Commonwealth Bank reports unaudited cash earnings of ~$1.9b in 1Q13
Group liquids were at $130b.
CIMB Australia and Morgans to collaborate to manage equity capital markets
CIMB will also provide research reports.
Aussie banks' liquid assets can now cover 60% of their wholesale funding liabilities
They're now more resilient to liquidity shocks.
Aussie banks urged to improve funding to meet Basel III requirements
They're expected to lengthen their wholesale funding.
BoCom to allow conversion of Aussie dollar into renminbi
Conversion to begin in 2014 as part of the renminbi’s internationalization.
National Australia Bank cuts standard variable home loan rates to 6.13%
It's the lowest of the major banks for 46 months.
Commonwealth Bank, Westpac cut interest rates by 0.25% for home owners
That is for standard variable home loans.
Westpac reports record first-half profit
First half profit to March 31 hits $3.3 billion.
ANZ's profits jumped a measly 1% to US$3.04b
Improved results due to cost cutting and better Asian business.
Australia to secure currency conversion deal with China
Government green lights deal that should cut the costs of doing business with China.
Aussie banks investing massively in Asia
Australia’s cash flush banks’ holdings of Asian assets jump 315% since 2008.
See how financial institutions can maximise video communications
With half of online Australians already engaged with video online and a third using video calling, how can financial services institutions use video to better engage customers and workers?
ANZ posts 6.2% cash profit increase
ANZ posted a 6.2 percent rise in first quarter cash earnings.
Commonwealth Bank of Australia credits retail biz for 1H profit
The Commonwealth Bank of Australia posted a half-year profit of US$3.78 billion.
Commonwealth Bank reports slight profit increase
Half-year profit inched upward by just 1% to $3.66 billion.
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