Australia

Westpac hits $1.27b net profit in Q3 on more lending activity

NIM benefited from a high-interest rate environment, offsetting competitive pressures.

Aussie banks face slowing loan growth and consolidations

Rising competition is increasing banks' appetite for business lending, said Fitch.

HSBC offloads $25b home‑loan portfolio amidst Australia retail banking exit

It is seen as the world's largest home-loan portfolio transaction.

Which banks paid the highest penalties in Australia in H1

Penalties were doled out for misreporting and for failed responses to hardship requests.

Revolut launches its first APAC bank in Australia

Revolut has an existing customer base of over 1 million in the country.

NAB brings live sign language interpreting to all branches

This is expected to make face-to-face banking more accessible for deaf customers.

Deutsche Bank pays A$2m for misreporting 260,000 OTC transactions

ASIC believes that the bank failed to take all reasonable steps to accurately report the data.

NAB's WealthHub fined for decade-long reporting lapses

WealthHub reportedly failed to accurately report data more than 9.5 million times.

NAB says Islamic home loans open to all faiths

It is available to people of all religions, according to an article by AAP FactCheck.

ANZ customers spend $4.8b during FIFA World Cup on food and apparel

Spending rose for takeaway food, sporting apparel, bars, and hotels.

Which Aussie banks are home loan customers most satisfied with?

Customers cited competitive rates and having multiple offset accounts as reasons for their satisfaction with the lenders.

National Australia Bank insurance app cuts bushfire risk to 1.5%

Customers can use the free rating tool to identify property upgrades before the fire season.

ANZ names ex-NAB and Westpac exec to its board

Rachel Slade was most recently group executive, business and private banking at NAB.