Australian Banking & Finance articles from April 2007

Australian Banking & Finance archives from April 2007

Drive for efficiencies means fewer regionals; whether or not Bank of Queensland is successful in its proposed merger with Bendigo Bank, there is little doubt that the ongoing quest for economies of scale will lead to further consolidation among Australia's regional banks.
April 15, 2007

China focus for Melbourne global finance conference: the president of China's Economic Cooperation Center, Mr Cao Baijun, and former director-general of the World Trade Organisation, La Trobe University's adjunct professor Mike Moore, were keynote speakers at the 14th Annual Global Finance Conference which was held in Melbourne between 1 April and 4 April 2007.(NEWS)
April 15, 2007

Institutional financial services.(THE INAUGURAL)
April 15, 2007

Bell named as international banking head.(NEWS)
April 15, 2007

No halt to super growth: the Australian Prudential Regulation Authority (APRA) has released the Annual Superannuation Bulletin for the year to 30 June 2006, which shows total superannuation assets rose in the period by $149.1 billion, or 19.5 per cent, to $912.0 billion.(NEWS)
April 15, 2007

New project management standards for finance sector: just months after signing off on new complex project management competency standards for the finance sector, eight participating banks and insurers are starting to implement the new approach.(NEWS)
April 15, 2007

NAB to be carbon neutral by 2010: National Australia Bank Group's chief executive officer, John Stewart, has announced that his organisation intends to become carbon neutral by 30 September 2010.(SUSTAINABLE BANKING)
April 15, 2007

Financial institutions join mobile phone recycling.(SUSTAINABLE BANKING)
April 15, 2007

Aviva goes solar; Aviva, the global savings, investment and insurance group, has announced its sponsorship of the Aviva Southern Aurora solar car, an entrant in the 2007 Panasonic World Solar Challenge race.(SUSTAINABLE BANKING)
April 15, 2007

The top 50 bankers in 2007.(TOP 50 BANKERS)
April 15, 2007... Australian Banking 6 Finance magazine's list of Australia's most prominent and influential banking executives again features the foremost personalities from the majors, plus leaders of the most successful regional banks, investment banks and...

Use of mortgage brokers on the up and up: with borrowers facing a vast array of home loans, it's not surprising that many turn to mortgage brokers for assistance.(REPORT)
April 15, 2007

ANZ management changes.(NEWS)
April 15, 2007

New strategy head for CBA.(NEWS)(Commonwealth Bank of Australia appoints Ian Narev )(Brief article)
April 15, 2007

What price risk?(NEWS)(risk management)
April 15, 2007

Lenders to benefit from likely housing resurgence: a senior bank economist has tipped a strong pick-up in the Australian housing market over the next few years, which will be to the advantage of retail banks, non-bank lenders and mortgage brokers.(NEWS)
April 30, 2007

HBOS wealth division growing strongly: St Andrew's Australia, the wealth and insurance division of HBOS Australia, has posted a pre-tax profit of A$22.6 million, up 109 percent on the 2005 figure.(Financial report)(Brief article)
April 30, 2007... St Andrew's managing director John Van Der Wielen said the division was significantly increasing its profits each year despite ongoing investment in the business. St Andrew's began operating in Australia in 1998 and two years ago its...

Deutsche Bank appoints new Australian chairman.(NEWS)
April 30, 2007

Australian bank fees higher than international peers: the average Australian pays between $150-170 more each year in retail banking fees compared to British and Canadian customers of similar services, according to the Fujitsu/JPMorgan Australian Mortgage Industry Report (Volume 5: March 2007).(NEWS)
April 30, 2007

Business banking underpins BOQ result.(NEWS)
April 30, 2007

Demand for financial advice outstrips supply: the chief executive of the Investment and Financial Services Association (IFSA), Richard Gilbert, has said that unprecedented demand for financial advice has lead to an enormous increase in workload for advisors in IFSA member companies.(NEWS)
April 30, 2007

Online finance recruiter launches 'student centre': eFinancialCareers has launched a student centre on its new Australian website to give students and graduates an advantage when seeking their first jobs in financial services.(NEWS)
April 30, 2007

Online lending association eases membership criteria: a new membership model within the Lending Industry XML Initiative (LIXI) means that e-commerce standards for home loan applications are now more affordable to the lending industry.(NEWS)
April 30, 2007

Finance sector ethics code revised.(NEWS)
April 30, 2007

NAB appoints head of new business.(Mark Joiner appointed as executive general manager of National Australia Bank)(Brief article)
April 30, 2007

BankWest retail head moves east: BankWest head of retail sales, Mark Reid, is moving to Sydney from Perth to run the national sales division as part of the HBOS Australia's decision to boost its growth on the eastern seaboard.(Brief article)
April 30, 2007

ANZ to establish leadership centre: ANZ Banking Group has announced it will establish a world-class leadership centre to provide its staff with a dedicated facility to accelerate their development and leadership opportunities.(NEWS)
April 30, 2007

Mac Bank and UNSW bring maths to market: Macquarie Bank and the University of New South Wales (UNSW) have announced a joint project to develop and apply new mathematical technologies to value complex financial products.(NEWS)
April 30, 2007

Global mortgage conference attracts lenders and brokers.(GLOBAL MORTGAGE CONFERENCE)(Brief article)
April 30, 2007

Electronic records compliance management--not if, but when: innovative processes and systems are now required by financial institutions to ensure day-to-day records are managed in a way that satisfies all regulatory compliance issues.(FEATURE COMPLIANCE)
April 30, 2007

On the record.(implications of rising rent on return on investment from housing market, Michael Blythe of Commonwealth Bank speaks at the Global Mortgage conference)(Brief article)
April 30, 2007

BIS Shrapnel report has good news for lenders.(residential construction trends in Australia)(Report)
April 30, 2007