[SYDNEY] Australian banks will take large losses from loans to businesses in the tourism and education sectors this year, while facing a broader hit in housing loans if the Covid-19 outbreak...

[SYDNEY] An Australian criminal cartel lawsuit against Citigroup Inc and Deutsche Bank AG was postponed on Tuesday after defence lawyers complained the prosecution had given them a redacted...

[SYDNEY] Australia's ANZ announced a drop in bottom-line profits Thursday following misconduct charges and lower interest rates in what the bank said was a "challenging" 12 months.

TOPLINE

IF it seems quieter than usual for the Australia and New Zealand Banking Group (ANZ) in Singapore lately, it is not because the region is becoming less of a priority.

[SYDNEY] Australia on Monday announced the country's consumer watchdog would investigate mortgage pricing after the country's largest banks refused to pass on recent interest rate cuts in full....

[SYDNEY] Australia's ANZ Bank said on Tuesday its half-year cash profit would take a A$559 million (S$520 million) hit as a result of reimbursing customers for unfair fees and dodgy financial...

[SYDNEY] Australia & New Zealand Banking Group will scrap bonuses for frontline staff, after an inquiry into misconduct in the financial industry blamed the pursuit of bonuses for most of the...

[SYDNEY] Australia's prudential regulator said on Thursday it has told three of the country's biggest banks to set aside an additional A$500 million (S$472.5 million) each until they have...

[BENGALURU] Australia's top three banks said on Thursday they have agreed to partner with IBM and shopping mall owner Scentre Group to test blockchain technology to digitise bank guarantees.

[SYDNEY] Australia and New Zealand Banking Group on Wednesday promised more than A$1 billion (S$0.96 billion) in cost cuts by 2022, driving up its share price as staff cuts helped boost first-half...