QBE Insurance rejects Allianz bid speculation
QBE has denied it has received a corporate proposal from German insurance giant Allianz after media reports suggested the two insurers had been in "informal talks" about a potential takeover.
QBE has denied it has received a corporate proposal from German insurance giant Allianz after media reports suggested the two insurers had been in "informal talks" about a potential takeover.
Australian consumers are predicted to become more attractive targets for fraudsters and scammers when a $1 billion real-time payments system launches later this year, prompting banks to beef up their anti-fraud defences.
Barclays has settled on Dublin for its main hub inside the European Union after Brexit and may add staff there too.
Australian banks are predicted to face escalating costs when they borrow up to $135 billion from big investors his year, a trend that could prompt further moves to pass on the extra expense to customers.
More Australians are turning to small and mid-tier banks to refinance their home loans amid tough competition and record low interest rates, data from the country's biggest mortgage broker shows.
​German regulators will meet with representatives more than 20 foreign banks on Monday in preparation of a post Brexit world.
The issue is key for Australian providers of financial services into the Eurozone as the passporting system allows businesses to operate in participating countries without needing permission from each individual country.
Fund manager Geoff Wilson's call for Hunter Hall Global Value to allow all investors to sell-out of fund at the asset value of the shares has been rebuffed, with
One of Australia's largest bank investors believes the big four can maintain their dividends this year, despite the challenges of lacklustre credit growth and stiff competition..
Investors to be wary of recently listed companies since they are oftenj priced to perfection, one fund manager has warned
Consumers are spending more on debit cards than credit cards for the first time, as shoppers shy away from racking up debts on plastic.
Under new rules, financial planners have a duty to act in the best interests of their clients. But some planners can take that too far.
Key planks of the banking industry's reform plan, including a promise to name and shame bankers who break the rules, are taking longer to implement than expected.
A senior planner at the National Australia Bank who cheated on his third attempt to pass a basic compliance exam has found guilty of breaching an industry code.
Vice presidents, directors and managing directors at the German bank will get no 2016 bonus. Neither will management.
Goldman Sachs's quarterly profit tripled and Citigroup's net income rose 7pc, surpassing analysts' estimates amid a bond-trading revival.
You're young and want to get ahead. First in and last out of your Wall Street office. You work weekends and message colleagues with inspired trading ideas at all hours. Guess what? You've just marked yourself as a potential rogue trader.
A first home buyer has lost a $41,000 deposit on a St Kilda apartment after the National Australia Bank walked away from the loan at the last minute due to the property's size.
​Deutsche Bank agreed to pay $US7.2b ($9.5b) to the US Justice Department for having 'contributed directly' to the global financial crisis.
The most aggressive incentive schemes still being used by some banks to boost sales by staff are putting customers at risk of being sold inappropriate products, an industry-funded review has suggested.
Growth in new lending to housing investors has accelerated to its fastest annual pace since early 2015.
National Australia Bank has warned the cost of funding mortgages "absolutely remains elevated," as it and ANZ Bank hiked interest rates on fixed interest rate home loans.
Ratings agency Fitch has revised its outlook for the Australian banking sector to negative amid concerns about rising household debt and pressures on the banks' profits.
Two major banks have hiked fixed interest rates on home loans, and a senior banker at National Australia Bank says funding costs that drive variable interest rates "absolutely remain elevated."
Xero's model for small business customers and banks sharing data could be applied in consumer banking, the software company says.
ING Direct has poached Westpac rising banker Melanie Evans to spearhead the Dutch lender's plan to carve out a bigger share in the lucrative Australian retail banking market.
​Profits at JPMorgan Chase and Bank of America surged last year, as the industry received a boost from a stock market rally.
Deutsche Bank has banned text messages and communication apps on company phones in an effort to improve compliance standards.
For 10 years, Raymond Kataryna's relationship with his bank was clear. Then, the relationship started to blur.
If banks can't make it in Asia, what Australian businesses will?
Letters of angst fear and frustration have been streaming in to the Member for Fenner's office as Canberrans call for help with Centrelink robo-debt woes.
Canada's Saputo has placed a cash offer on the table for the remaining shareholders of Warrnambool Cheese and Butter - offering less than it paid when it snared control of the company three years ago.
Telco analysts at Citi have issued a sell recommendation for Telstra shares on fears revenue from mobile, fixed and data products will decline.
Services group Spotless is facing a class action from shareholders over allegations it misled investors about its 2015 financial prospects.
Always an innovator, Tesla founder Elon Musk has asked the public for help in rewriting Donald Trump's controversial immigration bill.
Working out on your lunch break is easier than you might think, with unbeatable results.
Australia's fondness for a premixed drink has led to a revolution in the cocktail scene.
What could a sports star like that do for your brand?
Former small business minister Bruce Billson is excited by female entrepreneurship in export.
A free independent guide from SMH with expert information.
A free independent guide from SMH with expert information.