Australia
Westpac provides emergency banking in Tully, Caldwell
Westpac has set up an emergency banking relief service in Tully for Cyclone Yasi -affected customers. This will allow them to cash emergency relief cheques and perform basic banking transactions.
Westpac provides emergency banking in Tully, Caldwell
Westpac has set up an emergency banking relief service in Tully for Cyclone Yasi -affected customers. This will allow them to cash emergency relief cheques and perform basic banking transactions.
ANZ pares down 45 personnel
Small restructure in the bank’s retail distribution not a start of mass layoff but to increase efficiency.
NAB opens access to more BNY services
The 14 year relationship of two companies enables NAB to give their clients wider range of BNY products.
Bank losses under scrutiny
Since the global financial crisis, tax authorities globally have been carefully monitoring compliance risks from planning activities associated with the use of tax losses by banks.
Competition regulator chief wants ANZ chief's prosecution
Samuel alleged Smith had engaged in price signalling when the latter said ANZ might increase its interest rates over and above the level imposed by the Reserve Bank.
National Australia Bank confronts $450mn class suit
The bank waits to see a statement of claim in the matter while it will vigorously defend the case.
Kelly remains Westpac CEO—spokesperson
Contrary to reports the bank’s chairman endorses Kelly as she provided strong leadership to the bank.
Global spending on retail banking to increase 24% in 2015
An increase in spending on technology is expected over the next five years to hit US$132 billion, according to Ovum.
China probes CBA’s Chinese partner on fraud involvement
Qilu Bank has been alleged to have received $227mln worth of forged commercial bank bills.
ANZ issues $3bln debt in 3-part sale
The bank issued $1bln three-year notes, $1bln 10-year bonds and $1bln three-year floating rate notes.
ANZ expands Asian perspective
The lender eyes Japan expansion apart from South Korea, China, Southeast Asia and India.
Moving towards a tax level playing field for Islamic finance
The review of tax treatment of Islamic Finance products is one of the main tax recommendation of the Report on Australia as a Financial Centre.
ANZ Bank starts issuing renminbi bonds in HK
The issuance is the lender's first Hong Kong RMB offshore bonds oversubscribed 6 times.
National Australia Bank unveils Android banking app
The lender, however, has disabled the ability to add new payees directly from the application.
National Australia Bank may divest Clydesdale Bank
The Australian lender wants to concentrate on its core businesses at home while selling the “deadweight” British lender.
Commonwealth Bank suffers file processing glitch
The technical malfunction affected about 5% of the bank's 11mln business and retail customers.
ANZ to transfer more jobs offshore
The bank employs more Bangalore and Manila workers to take advantage of cheaper labor costs.
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Unlocking the future of finance: Asian Banking & Finance Forum 2024 arrives in Jakarta
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