Major banks are rethinking their strategy on branches amid political pressure to maintain a physical presence, especially in ...

The country's four major lenders reported a decline in their net profits for the fiscal year ended Sept. 30. Australian banks have faced higher operating costs and tougher competition in the mortgage ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The new Fraud Reporting Exchange (FRX) platform has been ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The projects will operate in a ring-fenced environment and ...

(Reuters) -National Australia Bank reported a broadly stable annual cash profit on Thursday, with growth in lending volumes partially offset by increased expenses and a higher credit impairment charge ...

The short-term outlook for Australian banks is challenging with margins under pressure, loan losses expected to rise, and inflationary cost pressures unable to be offset by cost-cutting initiatives.

Is there any upside for bank shares? The post Australian Bank Stocks: Which ones look like a buy (and which don't) appeared ...