Australia
Australia’s P&N, Beyond Bank likely to seek other merger opportunities
S&P foresees further consolidation in Australia’s mutual banking sector.
3 days ago
Australia’s P&N, Beyond Bank likely to seek other merger opportunities
S&P foresees further consolidation in Australia’s mutual banking sector.
3 days ago
Australia’s P&N Bank scraps proposed merger with Beyond Bank
The merged entity would have been worth about $23.8b.
3 days ago
Australia’s planned AT1 phase out to have little impact on banks
If pushed through, the CET1 minimum requirement will rise to 10.50%.
Westpac names Anthony Miller as CEO
Before joining Westpac, Miller was the Australia/NZ CEO of Deutsche Bank for 4 years.
Citi nabs BofA, ex-Goldman Sachs’ bankers to boost ANZ markets business
The new senior hires also come from Perennial Partners and MST Financial.
Aussie mutual lenders may consolidate to fewer than 10: analyst
Up to 40 mutual lenders may consolidate and potentially disappear, said S&P analyst Lisa Barrett.
CBA to retain capital levels despite buyback, high dividend payout
Cash net profit after tax declined 2% in the latest financial year.
Australia proposes central clearing of bonds and repos
Financial regulators are inviting feedback to reassess its possible implementation.
Airwallex clinches retail investment license in Australia
It will now be able to offer its Airwallex Yield product to the wider retail market.
NAB customer alerts lead to 17% decline in scam losses
Customers are said to have abandoned $100m in possible scam payments.
Fintech Airwallex records 84% revenue growth
Its Australia and New Zealand business saw revenue grow by 93%.
Citi Australia names David Bailey as head of debt capital markets
Bailey returns to Australia from New York.
National Australia Bank arm invests on digital asset custodian Zodia
Zodia aims to onboard Austrlia's home grown digital asset exchanges in its platform.
Bank of Queensland’s tech bet leaves operating performance to chance
The bank may achieve savings— or leave its operating performance structurally weaker.
New Zealand sets new debt-to-income restrictions in lending
It reduces the amount of high-DTI loans that local banks can lend out.
Australian banks’ dividends to stay flat amidst cash earning pressures
The higher payouts in H1 were to establish shareholders’ confidence, S&P said.
Share buyback, Suncorp Metway deal won’t dent ANZ’s credit profile
S&P expects the SML acquisition to be completed in mid-2024.
Thought Leadership Centre
In Association with
In Association with
Most Read
1. GXS Bank launches term deposit product Boost Pocket 2. China’s big four banks face $100b shortfall in loss-absorbing capital 3. Labour force upskilling needed as SG nears 'super-aged' status 4. Cambodian banks breach covenants as bad loans surge 5. Tottenham Hotspur taps Ant International as global payment solutions, digital wallet partnerResource Center
Read Here
Advertise
Sign Up
Events
<time datetime="2024
<time datetime="2024
Event News
Event News
Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
![Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024]()
Co-Written / Partner
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with
Most Read
1. GXS Bank launches term deposit product Boost Pocket 2. China’s big four banks face $100b shortfall in loss-absorbing capital 3. Labour force upskilling needed as SG nears 'super-aged' status 4. Cambodian banks breach covenants as bad loans surge 5. Tottenham Hotspur taps Ant International as global payment solutions, digital wallet partnerEvents
<time datetime="2024
<time datetime="2024