Financial stability fears drive regulators to raise capital levels for banks
Low returns from traditional investments are driving Australia's pension industry to look more at alternative assets
Running for covered
A clearer outlook
Banks outside the US face operational challenges and increased costs under new tax regulations
High interest rates, a strong currency, and rapid increases in volatility amid turmoil in European and US debt markets have resulted in another challenging year for the derivatives dealers and brokers in Australia. During a period that saw foreign banks...
The mobile revolution
Reputational risk can be managed but not modelled, speakers say
Commonwealth Bank of Australia is expanding the depth of its Asian interest rates market coverage by hiring new staff in Singapore. The bank is also looking into moving some of its commodities traders to the Lion City
A balancing act
The Foreign Account Tax Compliance Act expected to impact on the systems and operations both of US and foreign firms
On top down under
LM Investment offers access to the Australian economy
A suitable ploy
More government bonds and changes to Treasury policy to make funding more secure
The eurozone debt crisis and still-nervy stocks haven’t been enough to depress Australian derivatives markets, and competition has intensified over the last 12 months. Last year’s top two banks retain their hold – but they have a host of other dealers...
Following a major sell-off in the second half of last year, the antipodean financial markets are seeing significant inflows of foreign capital in 2009 due to the resilience of the Australian economy. Dealers are also profiting from derivatives activity...
IT executives at CBA have taken a pay cut after a website blackout in June
Op risk in Australia
Industry has been calling for a CBA of Mifid since the FSAP was introduced. A study that the FSA will use in its full CBA has been released – showing industry fears of high costs.
Australia and Singapore’s banks are leading the Asia-Pacific region when it comes to the implementation of Basel II, according to a report released this week by Standard and Poor’s. But even banks operating in these countries face considerable challenges...