Banking

Westpac is the latest big bank to announce a share buyback. Here's what that's telling us about the economy.

Investors loved the Westpac result but a much weaker second half and a very ambitious tech renovation program provide warning signs beyond a welcome share buyback.

Shemara Wikramanayake tells Capital Brief she isn't worried about the backlash against woke capitalism and sees green opportunities ahead.

Market volatility and rising geopolitical risks have made the upcoming earnings season for major banks much more unpredictable.

After much fanfare, the Consumer Data Right in banking is doing ... not much. Now the ACCC is making veiled warnings of greater regulatory enforcement.

Banking one in five Australians and a major force in innovation, customer-owned banks face scale challenges, particularly in the cost of regulation, says COBA CEO Michael Lawrence.

Investors expected a poor BoQ annual result but it was even worse than that. CEO Patrick Allaway insists the bottom is near.

Global bank regulators are reviewing capital and liquidity in the wake of this year's bank failures but have flagged closer attention to supervision - and social media.

For the better part of three decades, the big banks have been mainstays of balanced portfolios. But their stress-free status is now being seriously challenged.

An FOI request on the RBA’s internal discussions outlines concerns about the extreme lengths people are taking to make mortgage repayments, even in ‘prosperous suburbs of Sydney’.

Suncorp Bank boss Clive van Horen has been poached to run Colonial First State. He was considered a potential future CEO of ANZ, and the move could speak volumes.

So-called AT1 capital, designed to buffer banks under stress, has proved controversial overseas and will now be reassessed in Australia by APRA.

In the past, big companies were core clients of Westpac and ANZ, a key point of difference. Now, as home lending peaks, they're telling investors the big end is back.

AI, crypto, ESG, regtech are all attracting interest from fintech investors but the critical mass in the sector still sits within a single market: payments.

Competition authorities want more smaller banks in Australia. But economic forces are driving mergers and acquisitions to deliver scale.

Commonwealth Bank's business bank doesn't match its retail clout but head of business lending Grant Cairns says investment, technology and data is closing the gap.

As ANZ and Suncorp eye an appeal over their rejected banking deal a key question remains unanswered: What role will Bendigo and Adelaide Bank play in the process?

The Australian Business Growth Fund, led by Anthony Healy, is hitting its stride and building a diverse portfolio of stakes in SMEs.

Talking about bank runs can make them worse. New research following the SVB collapse finds that the best thing politicians can do in such situations is shut up.

The relationship between banks and fintechs has not been helped by the rising rate cycle, but big bank bosses reckon the mutual attraction remains.

The latest numbers don't look great, but according to KPMG M&A partner Daniel Teper there's still life in fintech yet.