Australia

Westpac hires more senior managers for Asian expansion

Continues to poach senior bankers from global competitors.

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.

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.