Finsia believes the time has come for Australia’s financial services industry to commit to “build scale and leverage” to cement Australia’s leadership position in financial markets “or risk being left behind on the global stage”.
Turn on the TV nowadays and you are likely to be hit with the current catchphrases, slogans, characters and concepts of those who work in the marketing engine rooms of Australia’s banks ... [more]
In an unprecedented move, Canberra bureaucrats are inviting private sector financial institutions to join a standing panel for advanced technical work on a string of urgent policy tasks with outcomes that will affect ...[more]
Proposed changes to liquidity and capital requirements and the introduction of national consumer credit laws will significantly alter the banking landscape, says BoQ’s David Liddy... [more]
Four US banks were closed by regulators on 7 May 2010, bringing the number of US bank failures in the year to date to 68. These recent failures will cost the Federal Deposit Insurance Corp US$213m.
Bank robber’s 'bucket list' hit
A chronically ill woman arrested for robbing a bank in the US claimed it was just something she wanted to do before she died, according to FoxNews.
“There was no plan, no nothing, just impulse,” Edwards told the news organisation.
“I just walked by. I said, ‘I’m goin’ in there’...passed a note to gain some cash and I left.”
“[I did it] because it was something I had on my bucket list... I think everyone should have a list of things they want to do before they expire.”
The woman was accused of robbing a Bank of America branch.
This year’s "beige budget" has been and gone, with the government deciding to mine the resources industry for cash. Lest our readers in the banking industry get too warm and comfortable... [more]
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