Australian Banking & Finance articles

Recent articles from Australian Banking & Finance

Banks pledge to play fair: in a time of reduced competition across the banking sector, those who have emerged from the consolidation activity argue that the onus is on banks to behave in the appropriate manner and not to abuse their market power.
December 15, 2008... "We're going through a period where I think it is incumbent on the banks to behave responsibly," Peter Hanlon, Westpac group executive, retail and business banking, says. "I think what you are going to get from government and regulators is not so much a concern about competition but more...

Securing the way forward: issuers, investors and other market participants came together at the Australian Securitisation Conference last month to discuss the challenge of reviving the mortgage backed securities market.(NEWS)(Conference news)
December 15, 2008... Australian Securitisation Forum (ASF) chief executive Greg Medcraft said the organisation had been working on a number of initiatives around three key areas--liquidity, long-term investor base, and transparency--to help reinvigorate the securitisation market. Speaking at the opening of...

Eddie sets off on the long-term journey: after his first 100 days since being appointed as head of MasterCard Worldwide's Australasia operations, Eddie Grobler outlined to Australian Banking & Finance Magazine his plans for the next 1000 days.(NEWS)
December 15, 2008... Eddie Grobler likes to work in days. And the first 100 days of Grobler's appointment as executive vice president, Australasia, for MasterCard Worldwide, has been full of activity. "The first 100 days for me was obviously to understand my internal customers--that's the team that I work...

Riding the financial services rollercoaster: the year 2008 has seen both a drop off and pick up in demand for a range of banking and financial legal services, according to Blake Dawson.(NEWS)
December 15, 2008... No one has been immune from recent global economic and financial market conditions newly appointed managing partner at Blake Dawson, John Carrington, notes softening in areas such as institutional property and in some financial services areas like securitisation, leveraged finance and debt...

Retail banks ready to serve and protect: their customers and reputations respectively, that is. Responsibility was a key theme at the recent Australian Banking & Finance Magazine Retail Financial Services Panel Discussion.(NEWS)
December 15, 2008... Banking executives, as part of the Retail Financial Services Panel Discussion hosted by Australian Banking & Finance Magazine, noted that in the current landscape it is now a critical time for banks to serve their customers responsibly. The panel consisted of: Westpac group executive,...