Event Details
Banks stare down a turbulent economy
The sector has recorded growth in the face of persistent macroeconomic risks and fierce competition.
Banking Summit - Final release registration
At the Financial Review Banking Summit we’ll challenge the sector’s leaders on how they’ll cut through the current economic environment and where their priorities lie.
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Succession intrigue over next NAB business bank boss
Imagine our curiosity when the bank, recently bereft of a business banking boss after Andrew Irvine was promoted to CEO, subbed in someone new for an upcoming event.
- Lucas Baird
- Analysis
- Mergers & acquisitions
The junior banks at the top of the big four wishlist
Could Judo Bank or Bank of Queensland be a target for National Australia Bank?
- James Eyers and Liam Walsh
Banking and business lobby blast 583-day wait for ANZ’s Suncorp deal
The ACCC’s former chairman Graeme Samuel was also critical of the decision to block the deal, saying it was clear to him that it was wrong from the outset.
- Ronald Mizen
- Opinion
- Chanticleer
How Macquarie helped ANZ win Suncorp
After more than 18 months, ANZ finally has its prize and can buy Suncorp’s banking division. Sorting out the winners and losers isn’t as clear-cut as it seems.
- James Thomson
CBA’s business boss describes Macquarie as a ‘formidable’ competitor
Macquarie’s assault on major banks will force CBA to lift investment, as Mike Vacy-Lyle confirms it will target real estate agents with a new software product.
- James Eyers
This Month
Westpac boss says RBA will be easing ‘within’ a year
Westpac stood back from aggressive mortgage market growth to protect its NIM over the past quarter, a similar strategy to its biggest rival, CBA.
- James Eyers
Everything you need to know about the ANZ/Suncorp Bank decision
On Tuesday, the Australian Competition Tribunal will decide if the $4.9 billion deal can be done. Whichever way it goes, the ramifications will be significant.
- James Eyers and Liam Walsh
- Opinion
- Big four
McEwan’s mission almost accomplished at NAB
Although he has NAB’s banking business running smoothly, McEwan will be slightly disappointed it still doesn’t command the same share price premium as CBA.
- Karen Maley
- Opinion
- Big four
The challenges facing NAB’s new CEO
Ross McEwan leaves the bank confident that it is in good shape and that banking fundamentals haven’t changed. It’s now up to Andrew Irvine to prove him right.
- Jennifer Hewett
- Opinion
- Chanticleer
New NAB boss must adopt Ross McEwan’s ‘superpower’
Andrew Irvine’s impressive performance growing NAB’s business bank won him the top job. Now he needs to borrow from the playbook of retiring CEO, Ross McEwan.
- Updated
- James Thomson
- Updated
- Executive shake-up
New era at NAB: Andrew Irvine primed to take the fight to CBA
Ross McEwan will stand down as NAB chief executive on April 2. His successor is ready to maintain the momentum.
- Updated
- James Eyers and Lucas Baird
Banking regulators confirm delay of executive accountability rules
ASIC and APRA say they will delay the enforcement of key parts of the regime, which came out of the Hayne royal commission, until July.
- James Eyers
- Exclusive
- Hayne fallout
Bank executive accountability rules delayed as minister goes slow
A key change out of the Hayne royal commission was due to begin in March, but the final rules have been waiting for sign off from the government for months.
- James Eyers
NAB defies bank woes with $1.75b bond sale
The financing came as major European lenders warned off a deteriorating outlook, with Swiss bank Julius Baer shutting its private debt unit after losses.
- Jonathan Shapiro
January
NAB moves focus to young savers, insists deposit market is competitive
Deposits strategy executive Paul Riley suggests rival banks were the target of a scathing ACCC report, and his bank was transparent on pricing where others were not.
- Lucas Baird
December 2023
New Westpac chair takes the reins
He’s been the chairman of Goodman Fielder, Tabcorp and The Lottery Corporation. Now the businessman is taking on his highest-profile board position.
- Lucas Baird
ANZ argues plenty of competition in bid to reverse blocked deal
The bank’s lawyers told a tribunal that the ACCC made an error in blocking the deal, and changes to the lending sector had only boosted competition.
- Lucas Baird
November 2023
Banks stare down a turbulent economy
The sector has recorded growth in the face of persistent macroeconomic risks and fierce competition.
- Opinion
- Big four
Banks wonder if the home loan margins squeeze is terminal
The bosses of the big four banks are trying to work out whether the ANZ-driven squeeze on home loan margins is temporary, or whether it’s a long-term problem.
- Karen Maley
April 2023
ACCC flags tougher enforcement on ‘open banking’
A report on the implementation of the consumer data right has called for banks to resolve “outstanding data quality incidents as a priority”.
- James Eyers
Block’s under fire Cash App will still come to Australia
The Afterpay owner said comments made by CFO Amrita Ahuja that Cash App would arrive in Australia hold true as it defends against a short seller attack.
- James Eyers
March 2023
ANZ getting calls from Asian depositors
With Credit Suisse’s private bank closing and SVB’s collapse, there are plenty of deposits looking for a home in Asia.
- Ayesha de Kretser
The three rules that made Australia’s banks the strongest in the world
Lenders are on edge as the market searches for weak spots after the collapse of Silicon Valley Bank. But Australian banks have taken their medicine.
- James Eyers
- Opinion
- Chanticleer
Why ‘uneconomic’ mortgages are forcing a rethink at the big banks
Competition has pushed returns on mortgages for the big banks below their cost of capital. Senior bankers face some tough strategic choices.
- James Thomson
BNPL providers promise to strengthen code of conduct
A review commissioned by the sector and undertaken by ex-ASIC deputy chairman Peter Kell found the current arrangements were too vague.
- James Eyers