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Country: Australia

CBA report unchanged Q1 profits

(7 November 2016 – Australia) Commonwealth Bank of Australia (CBA) recorded a A$2.4 billion profit in its first quarter, unchanged from the...

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ANZ profits down 18 percent

(3 November 2016 – Australia) ANZ Banking Group has recorded full year cash profits of A$5.9 billion, down 18 percent...

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CBA ties in with China’s Alipay

(1 November 2016 – Australia) The Commonwealth Bank of Australia (CBA) has announced plans to introduce China-based payment system, Alipay...

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Brisbane startup to battle BPAY

(1 November 2016 – Australia) Brisbane-based technology startup, Sniip is taking aim at the big four banks’ BPAY technology. The...

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Australia consumer watchdog to monitor fintech acquisitions

(31 October 2016 – Australia) The Australian Competition and Consumer Commission (ACCC) will closely monitor any plans that involve the...

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Macquarie earnings fall

(28 October 2016 – Australia) Macquarie Group announced that its earnings for the half dropped by two percent. The Group’s...

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CBA takes Innovation Lab on the road

(27 October 2016 – Australia) Commonwealth Bank of Australia (CBA) is touring the country with a pop-up innovation lab to...

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NAB results exceed expectations

(27 October 2016 – Australia) National Australia Bank (NAB) announced results exceeding market expectations, however returns remained under pressure from...

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Customer relationship roles go in ANZ’s Institutional buinsess

(21 October 2016 – Global) ANZ Bank has said that it is cutting 30 jobs in its institutional banking unit....

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ABA CEO steps down

(21 October 2016 – Australia) National Australia Bank chief and chairman of the Australian Bankers’ Association, Andrew Thorbun has announced that the...

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