Australia
Sibos 2018: APAC fuels global payments boom with $900b in 2017 revenue
Strong balance growth in China is cementing the region's dominance.
Sibos 2018: APAC fuels global payments boom with $900b in 2017 revenue
Strong balance growth in China is cementing the region's dominance.
ANZ'S full year profit takes heavy hit amidst inquiry fallout
The bank expects a $501m earnings blow.
P2P lenders take advantage of Australia's weakened big banks
Growing customer dissatisfaction could act as a springboard for their debut.
ANZ positions for growth in Asia after massive downsizing
It will now focus fully on institutional banking.
Time to go back to basics for the Australian banking industry
Stirring beneath the Banking Royal Commission and amplified by the recent interest rate hikes is a sense of agitation amongst the Australian public that things can be better when it comes to banking in Australia.
Australia's NAB cuts executive salaries amidst probe
Total rewards for chief executive were cut by 11%.
Australia's big banks move to preserve profitability in mortgage rate hike
It proves they remain able to retain pricing power despite intense scrutiny.
Australia's Westpac fined $25m for flawed mortgage approval system
There were miscalculations in the bank’s automated loan approval system.
Australian challenger bank Tyro ties up with Alipay
The move aims to tap into the Chinese visitor market.
Westpac joins mortgage hike trend
It has become the first big Australian lender to raise its rates.
Westpac appoints Craig Bright as chief information officer
He previously served as chief technology officer of Citigroup's global consumer bank unit.
Could Australia's sharp housing downturn be a blessing in disguise for embattled banks?
Much has been said about slower credit growth but banks could also look forward to improving asset quality.
Falling home prices to drag Australian banks' 2019 credit growth to 3.5%
Mortgages account for roughly 60% of their loan portfolio.
Australia's big banks are abusing their industry dominance: report
Consumers are being shortchanged by the oligopoly.
Australia's big banks defy mortgage hike trend
ANZ and CBA have lowered their mortgage rates to boost lending.
Open banking loses steam in Australia with 3 in 5 consumers hesitant to share data
Consumers remain wary of banks in light of the damaging inquiry. Open banking is facing considerable headway in Australia as three in five banking consumers (66%) admitted that they remain unwilling to share their financial data with non-bank organisations or third party players, according to a survey by Accenture.
Australian banks rank lowest in global Q3 earnings outlook: UBS
The housing downturn is expected to weigh in on profitability.
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Unlocking the future of finance: Asian Banking & Finance Forum 2024 arrives in Jakarta
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Immerse yourself in the pulse of financial evolution at this premier gathering that unites visionaries from banking and finance across Asia
Immerse yourself in the pulse of financial evolution at this premier gathering that unites visionaries from banking and finance across Asia
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