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Showing 11 - 20 of 38 results for "Regional banks"

ANZ, Suncorp deal cops industry backlash

CASSANDRA BALDINI  |  TUESDAY, 19 JUL 2022
... small-to-medium business banking," the competition regulator said. The ACCC said it recognises the important role that regional banks can play in competing with and challenging the major banks. Credit Suisse identified ACCC's competition concerns and ...

APRA lifts interest-only restrictions

HARRISON WORLEY  |  FRIDAY, 21 DEC 2018
... According to the Australian Banking Association (ABA), the move will improve the competitiveness of smaller and regional banks. "APRA's announcement today shows that banks have adjusted lending to respond to concerns around an oversupply of interest-only ...

ARCO takes a net short on Australian financials

KANIKA SOOD  |  WEDNESDAY, 1 AUG 2018
... financials, as he sees regulatory developments compounding the spike in wholesale funding costs and credit cycle risks. Regional banks are among his short positions, as he sees some of them ill-prepared to tackle all three challenges. "We don't tend ...

BetaShares launches defensive ETF

KARREN VERGARA  |  WEDNESDAY, 7 JUN 2017
... investments are allocated to senior floating rate debt securities issued by the big four banks, with the remainder in regional banks such as Macquarie, AMP, Bank of Queensland, and Bendigo and Adelaide Bank. Bonds within the portfolio have an average ...

Suncorp banking and wealth CEO to step down

KERRIE SYDEE  |  WEDNESDAY, 15 JUN 2016
... managing director, Michael Cameron said: "At an industry level, John took a leading role in the Suncorp Bank and Joint Regional Banks Submission to the Finance Sector Inquiry led by David Murray, successfully establishing the need for an even playing ...

New ETFs launched to cater for BOJ stimulus

MARK SMITH  |  WEDNESDAY, 25 MAY 2016
... BOJ is restricted to holding 50% of any ETFs, so other buyers will be required to fill the remainder. Brokers say regional banks and pension funds will be the biggest private sector buyers. The emergence of the funds, which has attracted complaints that ...

Regional banks call for FSI reforms without delay

DARREN SNYDER  |  WEDNESDAY, 8 APR 2015
Australia's four leading regional banks raised three key issues in their submission to the federal government's Financial System Inquiry Final Report recently. Regional banks including Suncorp Bank, ME Bank, Bank of Queensland and Bendigo and Adelaide ...

BNP, US prosecutors near $US9bn settlement

AFP  |  MONDAY, 23 JUN 2014
... the scandal, people familiar with the matter told AFP. During a period that lasted more than five years, BNP used regional banks abroad to route funds linked to Sudan-based companies and government agencies, even as the US and other countries said Khartoum ...

Bloomberg ASEAN roadshow kicks off

MARK SMITH  |  FRIDAY, 5 JUL 2013
... also record high in 2012." Bloomberg's target audience for this new service are hedge funds, asset managers and regional banks. The roadshow event travels to five countries between 4 - 18 July including Singapore, Thailand, Indonesia, the Philippines ...

Abernathy snubs IMF liquidity drivel

MARK SMITH  |  FRIDAY, 23 NOV 2012
... world capital markets at a cost of 3% per annum. They could then invest this into our big four banks and a few regional banks with a 4% charge as preference capital," he explains. "Such a policy and investment would increase the total of our bank's capital ...