Australia

National Australia to upgrade web presence

Lender to sign up Twitter and YouTube as it goes for more tools, resources and richer content.

National Australia to upgrade web presence

Lender to sign up Twitter and YouTube as it goes for more tools, resources and richer content.

Commonwealth Bank begins India operations

Lender taps the homeland of 400,000 Indian population in Australia.

A competitive tax regime for Australian investment funds

The Australian Government’s recent response to the report on Australia as a Financial Centre prepared by the Australian Financial Centre Forum chaired by Mark Johnson includes some encouraging news for Australia’s managed funds industry seeking to attract further investments from offshore funds.

Regulator to consult market on NAB's AXA bid

NAB hopes to ease the concerns of the regulator through its revised offer.

Commonwealth Bank unveils its property guide iPhone app

Lender anticipates favourable reception customers who want to tap 95% of Australia's residential homes market.

Westpac plans raising $3bln from dollar-denominated notes sale

Lender eyes to sell $1bln of three-year notes and $2bln of five-year notes.

NAB hits rivals on neglecting business credit

Commonwealth retaliated with claim that NAB performed dismally and foregone opportunity when mortgage market boomed.

National Australia Bank injects $582mln to British unit

British regulators  stepping up pressure to increase capital to protect lenders from crisis.

National Australia Bank earns $387mln from bond issue

Lender’s sixth Maple bond issue surpassed the $194mln target earnings.

ANZ quits Korea Exchange Bank bid due to conflicts

ANZ leaves Nomura and MBK Partners as bidders due to tension between North and South Koreas.

Bank of America eyes growth in Australia by developing tactics

Bank of America's Australian unit and Don Argus join forces to develop strategies for the bank's Australian operations.

National Australia Bank rejects reports of UK pullout

Optimism on Clydesdale operations continues despite distressed British economy and Fitch’s comment that maintenance serves risk.

ANZ hires Morgan Stanley as acquisition adviser

ANZ eager to acquire Bank Panin for $1.3bln as Gunawan family sells 46% of Indonesian lender.

NAB acquires TierOne Bank of Nebraska

$76mln deal will add 69 US branches to NAB's US network and $2.2bln in new deposits.

NAB quits competition for RBS branches

Source said Australian lender leaves Banco Santander in race due to concerns on market conditions.

ANZ says it didn’t bid for KEB stake

Lender belied reports saying lender joined StanChart in bidding for Lone Star's 51% KEB stake.

Commonwealth Bank kicks off Locate us

Product uses Google mapping technology for customers to get easy access to the information they are looking for.