Tag: Banking
Borrowing stalls on housing slowdown
Australians took out home loans at the slowest rate on record in June, while the amount of personal borrowing dropped, and there was no change in the amount businesses borrowed.[MORE]
Macquarie shares slump on profit warning
Shares in the investment bank Macquarie Group have sunk after the company revealed earnings in several of its businesses this year are unlikely to meet the results posted last financial year.[MORE]
Doing the subprime but not the time
The reputational carnage on Wall Street from the genesis of the US subprime mortgage crisis continues to mount.[MORE]
ACCC approves Suncorp, Bendigo ATM network
The competition watchdog says it will authorise an agreement between Suncorp Metway, Bendigo Bank and Adelaide Bank not to charge their cardholders a fee for transactions at ATMs they own.[MORE]
Consumer credit slide contrasts with inflation threat
As economists ponder today's inflation figures, a steep fall in consumer credit is showing the economy is far from full steam ahead.[MORE]
Rate rises unlikely to top official move: Citi
Citibank Australia's chief executive says it is unlikely his bank would have to lift its mortgage rates by more than an official rate rise, if there is one next week.[MORE]
Bank manager on remand over alleged theft
A far north Qld bank manager has been remanded in custody after being charged over millions of dollars of missing money from his branch.[MORE]
Bank manager to front court over missing money
A bank manager who disappeared during an investigation into missing money will appear in court today after being found in far north Qld.[MORE]
Missing bank manager found and charged
A bank manager reported missing amid an investigation into financial irregularities at his branch in far north Queensland has been found.[MORE]
Europe banking in good health, say regulators
Regulators in the European Union say a "stress test" of 91 banks has found that the sector is in good financial health.[MORE]
Europe nervously awaits bank stress test results
For most of this year, the government debt burdening some European nations has threatened to launch a new phase of the global financial crisis.[MORE]
Police asked to investigate missing banker over fraud
The Bendigo Bank makes an official complaint to police about its missing manager over the disappearance of $3m.[MORE]
Election rate rise possible, inflation key
The Reserve Bank is waiting on next week's inflation figures before deciding whether there will be an interest rate rise during the election campaign.[MORE]
Santos secures $2b loan to build central Qld plant
Resources company Santos has secured a $2 billion bank loan to help build a major liquefied natural gas (LNG) plant in central Queensland. [MORE]
Bank manager missing amid branch financial audit
A bank manager missing in far north Qld had been assisting an investigation into the disappearance of millions of dollars from his branch.[MORE]
AXA, NAB extend takeover talks
The deadline for the takeover talks between National Australia Bank, AXA Asia Pacific and AXA's French parent company, has been pushed back again.[MORE]
US banks receive a 'stark' warning
Almost two years after the collapse of Lehman Brothers, the US Senate has passed laws that constitute the biggest overhaul of the country's financial sector since the Great Depression.[MORE]
Goldman agrees to record fine
Goldman Sachs has agreed to the biggest fine ever imposed by the US financial regulator to settle a fraud case.[MORE]
Europe stress tests raise finance fears
European leaders have revealed that stress testing of the European Union's banks due to be released this month will highlight "pockets of vulnerability".[MORE]
Half a generation expect frugal retirement: survey
A report has found only one in four baby boomers are confident they have saved enough money for their retirement.[MORE]
Regulator warns investors to think twice on CFDs
ASIC is warning that thousands of household investors stand to be financially devastated by high-risk investments called contracts for difference.[MORE]
Euro bank stress test 'dodges problem'
There is growing scepticism in Europe that stress tests on more than 90 banks will reveal the full extent of the region's sovereign debt crisis.[MORE]
US to access EU bank data for terror probes
European leaders have agreed to let the United States tap into banking data for terrorism probes, reviving a previously rejected program which officials said would save lives and protect privacy.[MORE]
Swan stands by mining tax revenue projections
Wayne Swan dismisses calls to release mining tax figures after report a disputes the amount of revenue lost from changes to the tax.[MORE]
Reserve leaves rates on hold
The Reserve Bank has left official interest rates on hold at 4.5 per cent for the second month in a row as Europe's debt crisis continues to cloud the global economy.[MORE]
