Banking not what it used to be: CBA's Ian Narev

Banking not what it used to be: CBA's Ian Narev

Chief executive Ian Narev told analysts that banks are operating in a more constrained world compared to heady decades past when Australians
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The Early Bird's Guide to Buying a Home

Also, “your agent may hear of properties that are going to come on the … To find a real estate agent, you can ask friends or family for referrals, or use a
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NEEDS EDIT – Banking Black in the Sunshine Economy

One local bank, OneUnited, has received millions of new dollars in deposits thanks to the bank black movement. The bank is based in Boston with
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Prudential May Buy UK Mortgages Worth $3.7 Billion (PRU)

Prudential Corp. (PRU) is considering purchasing £3 billion ($3.7 billion) worth of mortgages in the United Kingdom. The news comes from The
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US Feb NAHB housing market index 65 vs 67 expected

All the biggest trading floors in the world have screens locked on ForexLive™. We provide real-time forex news and analysis at the highest level while
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Another magazine drops the publisher title; what is a mag publisher, and are they still needed in a …

The title of publisher is quickly vanishing from the magazine industry as company after company eliminates the title. Condé Nast started off the year by
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Home builder sentiment falls 2 points in February as Trump euphoria abates

“Despite these constraints, the overall housing market fundamentals remain strong, and we expect to see continued growth this year as some of these
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Allan Gray Bets on Nigerian Banks as Naira Devaluation Looms

Allan Gray Ltd., the largest manager of non-government investment funds in Africa, is betting on Nigeria's banking industry despite poor performances
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Canada home resales fall in January, prices still climbing

The industry group said actual sales, not seasonally adjusted, were up 1.9 per cent from January 2016, while home prices were up 15.0 per cent from
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Cabinet approves merger of SBI, 5 associate banks

The merged entity will create a banking behemoth, one-fourth of market share in India's banking sector (in terms of loans and deposits), with an asset
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Mortgage Delinquencies Rise After Historic Low

“Loans past due after 60 days for first mortgages continues to trend down at credit unions, projecting to be about 0.63% delinquency rate for the fourth
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Bank or building society?

Building societies would regularly outperform banks when it came to providing value to customers. With no shareholders demanding dividends,
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Banking Sector Surge Pushes European Stocks Higher

A surge in bank stocks helped to push European benchmarks on Wednesday as investors reacted to hawkish remarks made by Federal Reserve chair
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Unisys reveals latest digital banking security platform

Unisys logo Unisys has unveiled its latest security platform for digital banking, Elevate. Designed to be an end-to-end system and suite of applications,
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Banks fight for $40 mln fee pot in advising on Vodafone India merger

BofA Merrill, UBS, StanChart vying for advisory roles * Selected banks could end up sharing $40 mln in advisory fee * Vodafone has hired Morgan
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Fed's Tarullo: Demand, Not Supply, is Crimping Lending

Federal Reserve Governor Daniel Tarullo pushed back on criticism that new bank rules are hurting lending, saying they have made the financial
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NAHB Housing Market Index: "Builders Still Optimistic in February"

The National Association of Home Builders (NAHB) Housing Market Index (HMI) is a gauge of builder opinion on the relative level of current and future
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Vodafone may surrender bank licence

Vodafone may surrender bank licence One of the casualties of the Idea Cellular-Vodafone India merger could be a payments bank. The merged entity
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Mortgage rates unchanged for Wednesday

Multiple benchmark mortgage rates were flat today. The average rates on 30-year fixed and 15-year fixed mortgages held steady. The average rate on
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NAHB: Builder optimism declines for second-straight month

Still, MacDonald touted the strength of the housing market's fundamentals, forecasting continued growth in the market if the new Congress and
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