No more major mergers: Norris
Having benefited greatly from a merger during the financial crisis, Commonwealth Bank CEO Ralph Norris has declared that the era of major acquisitions for the Big Four is now over
NZ High Court rules against Westpac
Westpac has lost its legal battle with New Zealand's Inland Revenue Department (IRD) over tax avoidance, the department announced today.
Banks will stick to RBA rate rises: Norris
The CEO of the Commonwealth Bank, Ralph Norris, has indicated that the banks will not make a grab for extra margin as official rates begin to rise, The Daily Telegraph reported today.
Housing affordability up nearly 30%: Commonwealth Bank
Housing affordability continues to grow across a number of Australian suburbs, according to a report released today by the Commonwealth Bank.
Still room for part-time brokers - Citibank
There is still a place in the industry for part-time brokers, according to Citibank's head of mortgage distribution, Peter Hayward
'Raymond' sticks it to the banks
At a media lunch yesterday during which RAMS announced plans to double its franchise network and expand into new territories it also had a poke at its banking rivals