Australia
Lloyds considering sale of Australian banking units
Lloyds considering sale of Australian banking units
																					
								It’s Lloyds latest bid to strengthen capital position.
						
					
					
				Commonwealth Bank of Australia submits 3 internalisation proposals
																					
								Find out more about the proposals here.
						
					
					
				National Australia Bank appoints Craig Drummond as group executive finance and strategy
																					
								National Australia Bank Chief Executive Officer Cameron Clyne announced the appointment of Craig Drummond as Group Executive Finance and Strategy.
						
					
					
				ANZ, NAB least liked Australian banks
																					
								Business customers rank both the worst for 12 months.
						
					
					
				National Australia Bank has the largest business deposits market share
																					
								NAB leads the market with 23.9%.
						
					
					
				Big Four Aussie banks' FX markets dominance challenged by Western Union, AMEX, OzForex
																					
								The banks' Spot FX market share fell to 64% in April 2013.
						
					
					
				Why Asian banks must beware of the threat posed by Aussie banks
																					
								Transaction Banking in Asia is dominated by the ‘Big Three’ of Standard Chartered, HSBC and Citigroup - however the emergence of ambitious competition from abroad poses distinct challenges to both large and small banks.
						
					
					
				Commonwealth Bank appoints Neal Livingston as global head of trade and transaction services
																					
								The Commonwealth Bank announced an appointment in its Institutional Banking & Markets business.
						
					
					
				ANZ could fire 600 staff in Australia
																					
								Will outsource jobs to either the Philippines or New Zealand.
						
					
					
				Aussie banks' earnings feared to slow in 2014
																					
								Operating environment is likely to deteriorate.
						
					
					
				Here's how Commonwealth Bank's business segments fared in 1Q13
																					
								Guess which funds grew by 4%?
						
					
					
				Westpac hires more senior managers for Asian expansion
																					
								Continues to poach senior bankers from global competitors.
						
					
					
				Commonwealth Bank reports unaudited cash earnings of ~$1.9b in 1Q13
																					
								Group liquids were at $130b.
						
					
					
				CIMB Australia and Morgans to collaborate to manage equity capital markets
																					
								CIMB will also provide research reports.
						
					
					
				Aussie banks' liquid assets can now cover 60% of their wholesale funding liabilities
																					
								They're now more resilient to liquidity shocks.
						
					
					
				Aussie banks urged to improve funding to meet Basel III requirements
																					
								They're expected to lengthen their wholesale funding.
						
					
					
				BoCom to allow conversion of Aussie dollar into renminbi
																					
								Conversion to begin in 2014 as part of the renminbi’s internationalization.
						
					
					
				 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
						 
								 
						 
								 
								 
						 
						 
								 
								 
																					
											
																			 
																					
											
																			 
																					
											
																			 
																					
											
																			 
                