Country: Australia

Lower returns expected, but no rise in bad debts for Bendigo

(31 October 2012 – Australia) Despite a challenging environment, Bendigo and Adelaide Bank chief executive Mike Hirst told shareholders there...

Financial Results

Uncategorized

Australia

Retail deposits rushing to term but tenure shortening

(30 October 2012 – Australia) Term deposit tenures continue to shorten with the vast majority of retail deposits now being...

Press Release, Research

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Australia

Macquarie posts smaller first-half profit than expected

(29 October 2012 – Australia) Australia’s top investment bank, Macquarie reported a smaller-than-expected 18.4 percent rise in first-half net profit...

Financial Results

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Australia

HSBC pushes Australians to become Renminbi-ready

(29 October 2012 – Australia) HSBC is encouraging Australian companies to embrace Renminbi (RMB) cross-border usage as it becomes a...

Trade Finance

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Australia

Suncorp boss looks to simplify business

(29 October 2012 – Australia) At Suncorp’s annual meeting on Thursday, chief executive Patrick Snowball said he would like to...

Financial Results

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Australia

ANZ records $5.66b profit

(26 October 2012 – Australia) ANZ Banking Group posted a record A$5.66 billion full-year profit through expanded earnings both domestically...

Financial Results

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Australia

Asian banks continue to fund Australian mining

(25 October 2012 – Australia) As European banks continue to withdraw from Australia, Japanese banks are stepping into the funding...

Structured & Project Finance

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Australia

RBA changes reporting standards on mortgage-backed securities

(24 October 2012 – Australia) Industry-wide reporting standards for mortgage-backed securities are being introduced by the Reserve Bank of Australia...

Regulatory & Government

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Australia