Mike Smith
Mike Smith and his bank both in the pink
CBD There will be no let-up on the 'super-regional' strategy if Mike Smith's efforts are an indication.
CBA says European money markets remain open: report
Commonwealth Bank said European funding markets remained open for high-quality Australian banks although costs had risen, the AFR reports.
Retravision Southern enters voluntary administration
Chris Zappone Retravision Southern enters voluntary administration after the business was hit by the general slowdown in consumer spending.
ANZ's Smith sees funding market freezing-up
ANZ chief says that current volatile conditions in markets have seen wholesale funding market for Australian banks freeze again.
European money markets dry up
Eric Johnston, Madeleine Heffernan AUSTRALIAN banks have been forced to shift to a cautious footing on funding with money markets in Europe effectively closing, says the ANZ chief executive, Mike Smith.
Banks to tread with care
Eric Johnston and Madeleine Heffernan Global financial markets here and in Asia were jolted yesterday by fresh fractures in Europe.
Australian business news digest - May 17
Compiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy.
Storm in parting of the red sea
Michael Evans Stockmarkets reeled as dismay swept their halls on the winds blowing from increasingly uncertain Europe and China.
'Grexit' effect could drive down dollar
Eric Johnston A term gaining currency across investment bank dealing rooms is ''Grexit'' - the exit of Greece from the eurozone.
Plot twists aplenty in this tragedy
Eric Johnston A term gaining currency in investment bank dealing rooms is 'Grexit' - the exit of Greece from the eurozone.
ANZ to invest $300m more in China
ANZ will invest a further $300m to support growth in its Chinese subsidiary as part of the bank's push into Asia.
Eurozone breakup 'quite likely': ANZ's Smith
Eric Johnston ANZ chief executive Mike Smith said the break-up of the eurozone was 'quite likely' as countries in the region's south battle to become competitive.
Banks back down on work hours
Eric Johnston and Chris Zappone AUSTRALIA'S major banks have quietly shelved their bid to extend the definition of ordinary working hours to include Saturday afternoons and Sundays.
Forget the ability, the man's a genius
CBD The startling revelations continued to flow yesterday when News Corp presented its third-quarter results from New York.
Kelly not about to leave
Eric Johnston Kelly's personal brand has at times overshadowed that of her own bank.
Business calendar May 14-18
Business calendar for the week of May 14-18.
Get off Gillard's back, urges Westpac chief
Eric Johnston Gail Kelly urges other business leaders to work constructively with Julia Gillard and put aside the combative approach that some have taken to her minority government.
Boss is best, that doesn't need Einstein
Ben Butler The revelations continue to flow as News Corp presents its third-quarter results from New York.
Gap narrows for the loan wolf
Malcolm Maiden But CBA may well turn out to be the bolter and the one that's hard to catch.
Rate moves telegraph banking strategies
Elizabeth Knight Just how the big four banks adjust their interest rates this week and next will give us some flavour of their strategies around growing market shares in the mortgage market and the extent to which...
