Australia
Australian banks accused of cheating on home loans
A consumer advocate has accused Australian banks before a Senate inquiry of providing home loans to those who can't afford home loans, and tampering the paperwork to make it look okay.
Australian banks accused of cheating on home loans
A consumer advocate has accused Australian banks before a Senate inquiry of providing home loans to those who can't afford home loans, and tampering the paperwork to make it look okay.
King’s Bank chairman denies plans to sell to Cathay Financial
Reports of plans by Cathay Financial to acquire King’s Town have been described as inaccurate by the latter's Chairman.
9 out of 10 Australian businesses stick to Big Four for banking
75% of these corporations are likely to open tender, but only across the leading four domestic banks.
ANZ partners with Gresham to launch ANZ Cashactive Fusion
This is Gresham's third major project with Australia and New Zealand Banking Group Ltd.
What you need to know about ANZ's Cashactive Fusion
Time to say goodbye to spreadsheets and emails as ANZ aims to automate organisations' financial information to enhance cash flow forecasting.
Australian banks may fail to finance massive infrastructure shortfall
With a shortfall of up to A$770 billion this decade, infrastructure as an asset class for investors remains problematic.
China’s Big Four converge on Australia
China’s big banks are doing their utmost to fill the vacuum left by the withdrawal of European bankers from Australia.
Australian banks shift more fees to small businesses
A Reserve of Australia report showed that households paid 7 percent less bankfees, but businesses paid 5.5 percent more.
Combined market share of Australia's big four banks
They have a combined market capitalisation of $260 billion and account for almost 87% of the home loan market.
Commonwealth Bank posts lower than expected $1.69B Q1 profit
Commonwealth Bank of Australia posted a net profit of US$1.69 billion for the first three months of 2012.
Malaysia's CIMB to expand in Australia
The CIMB Group will start business in Australia after acquiring majority of RBS's Australian business.
ANZ posts record profit on expanding China business
The Australia and New Zealand Banking Group Ltd reports a record profit of US$3 billion in its first-half ending March.
NAB profits plunge 16%
The UK units of National Australia Bank Ltd have become a pox on the Australian bank’s operations.
Most Aussie banking professionals want to change jobs
Australia’s banking and finance people seem a dissatisfied lot.
Australian bank to increase presence in China and Indonesia
Commonwealth Bank of Australia intends to generate more than half its profit overseas.
Other Aussie banks could follow ANZ's rate rise lead
Australia'sthree other big banks are not ruling out interest rate hikes after ANZ's rate increase on home and small business loans.
St. George Bank staffers await promised bonuses
St. George Bank agreed to pay seven former staff the "retention incentive bonus" promised to 118 key staff nearly four years ago.
Thought Leadership Centre
In Association with
In Association with
Most Read
1. Morgan Stanley opens Southeast Asia headquarters in Singapore 2. Why Singapore banks are a ‘safe haven’ from US market volatility 3. Maybank Singapore unveils second lifestyle banking space 4. Hong Kong’s ZA Bank offers crypto trading services to retail users 5. MAS issues 14-year prohibition orders against Loh Sheng YangResource Center
Read Here
Advertise
Sign Up
Events
Event News
Event News
Principled AI key to transformation of financial services
![Principled AI key to transformation of financial services]()
Information Technology
Companies must be transparent and fair to maintain trust and mitigate reputational risks.
Companies must be transparent and fair to maintain trust and mitigate reputational risks.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with
Commentary
Southeast Asia’s digital banks – the road from good to great
Reshaping fraud detection in Asian finance with knowledge graphs
Why is willful default a growing threat to Bangladesh’s financial stability?
Mobile Wallets are Southeast Asia’s Pathway to Financial Inclusion