Bank

China is setting the stage for a major bank bailout, potentially accompanied by a round of industry consolidation. On Saturday, Bloomberg News reported that the China Banking Regulatory Commission closed a loophole through which some nonperforming ...

National Australia Bank, the only one of Australia's "Big Four" lenders to forecast the reduction, immediately said it would pass on the cut to borrowers. Jamieson Coote Bonds' Charlie Jamieson, who also predicted the cut, described it as "the path of ...

SINGAPORE: Australia's central bank opted for an interest rate cut on Tuesday (May 3), after official measures of underlying inflation slowed to a record low in the first quarter. The Reserve Bank of Australia (RBA) cut its cash rate by 25 basis points ...

National Australia Bank will pass on the full value of the Reserve Bank's 0.25 percentage point reduction in official interest rates to customers, it said on Twitter within minutes of the decision. NAB said it would reduce its standard variable ...

Australia and New Zealand Banking Group (ASX: ANZ), Westpac Banking Corp (ASX: WBC), National Australia Bank Ltd. (ASX: NAB) and Commonwealth Bank of Australia (ASX: CBA) have been on a wild ride in 2016. One look at the graph below is all you ...

The Reserve Bank of Australia has moved to head off fears about deflation, cutting its official cash rate by 25 basis points to a historic low of 1.75 per cent. It is the first change in interest rates since May last year, when rates were cut 25 basis ...