12:00AM | Jane Searle | The Australian Financial Review
Australia risks missing a wave of China's growth story if its banks shirk the funding needs of local firms expanding globally and the brain drain continues, a panel of industry players has warned.
12:00AM | Matthew Drummond | The Australian Financial Review
Funding pressures on banks mean it is now potentially cheaper for a BBB-rated company to raise money through the bond market than getting a loan from a bank, according to research by Credit Suisse, which warns of a long-term structural decline in profits for the banking sector.
12:00AM | George Liondis | The Australian Financial Review
Small businesses are cutting back on borrowing, avoiding the higher interest rates charged by banks amid uncertain trading conditions.
12:00AM | Sally Patten | The Australian Financial Review
Jeremy Cooper, who oversaw a recent review of Australia's $1.3 trillion superannuation sector, yesterday urged the industry to start work on some of his proposed reforms even before the government reaches a decision on whether to adopt the recommendations.
12:00AM | Duncan Hughes | The Australian Financial Review
Insurance profits jumped by more than 40 per cent during the past 12 months amid improved claims experience and market growth, according to the industry's regulator, Australian Prudential Regulation Authority.
12:00AM | The Australian Financial Review
Perpetual director David Deverall acquired 17,832 shares under the executive share plan and 76,606 options under the executive option plan.
12:00AM | Matthew Drummond | The Australian Financial Review
Veteran broker Harold Shapiro has put his 27 per cent holding in Shaw Stockbroking up for sale, increasing the destabilising forces over the last mid-tier Australian brokerage without links to a offshore bulge-bracket firm.
02 September 2010 | George Liondis | The Australian Financial Review
Australians are turning into a nation of savers as they rush to take advantage of generous interest rates on deposit accounts.
02 September 2010 | Matthew Drummond | The Australian Financial Review
Under new international rules being drafted by the Basel Committee on Banking Supervision, Australia's major lenders will need to increase their holdings of liquid assets by $320bn. The question is how.
02 September 2010 | Katja Bührer | The Australian Financial Review
QBE Insurance Group has said publicly that it has not hired an executive research firm to find a successor to Frank O'Halloran and indicated the chief executive will replaced by one of his senior managers.
02 September 2010 | Sally Patten | The Australian Financial Review
The prospect of a Coalition government is sending a shiver down the savings industry's collective spine.
02 September 2010 | Duncan Hughes | The Australian Financial Review
Financial advisers and fund managers are among the major unsecured creditors of former fund manager Trio Capital, which collapsed with more than $123 million of missing assets, according to investigations by the Australian Securities and Investments Commission.
02 September 2010 | Jane Searle | The Australian Financial Review
The Australian and New Zealand operations of credit bureau Dun & Bradstreet have been bought out by its US parent in a move which better enables the local arm to access global data for clients.
02 September 2010 | Jamie Freed | The Australian Financial Review
Deutsche Bank has expanded its natural resources and infrastructure investment banking team to 17 members after adding six new hires over the last month as mergers and acquisitions activity in those sectors remain strong.
02 September 2010 | The Australian Financial Review
Bendigo and Adelaide Bank will buy back as many as 3.4 million shares.
01 September 2010 | The Australian Financial Review
QBE Insurance says chief executive Frank O'Halloran isn't going anywhere, and dismissed reports it is searching for a new boss.
