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NAB not buying
23 July 2008
 
National Australia Bank is not pursuing the purchase of investment bank and planner group ABN Amro. NAB is also apparently not pursuing takeovers of St George Bank or BankWest and has previously dropped rumoured plans to buy Citibank in Australia. Commonwealth Bank and Japan based Nomura Group are said to be interested in ABN Amro. NAB may have rejected the deal on price grounds. Valuations on ABN Amro's Australian business are believed to range between $500 million and $1.3 billion.
 
Source : The Age
 
 
31 July 2008 - NAB to replace CEO
  - NAB denies having more bad debts
  - Banks maintain credit ratings
 
30 July 2008 - Troubled Virgin gets lifeline
  - Rocky times for whole financial group
  - NAB rejects interest rate plan
  - Credit Unions and Bendigo Bank are favourites
  - Business customers are happy with their banks
  - Best advice goes public
  - ANZ slow to see the economic signs
 
29 July 2008 - Investment company pays out after collecting from
  - ING is a big banker
  - City Pacific investors must wait
  - ANZ hammered after bad news
 
28 July 2008 - ANZ joins NAB with bad news
  - Depositors cash in
  - Depositors can get ten per cent
  - BankWest pulls Ratetracker from brokers
 
25 July 2008 - Suncorp says no more equipment lending
  - CBA goes to China
  - CBA and ABN Amro a good fit
  - Banks may hold back rate cuts
 
24 July 2008 - Queenslanders join Victoria's big credit union
  - Mortgage rates now set by markets
  - CBA eyes ABN Amro for CommSec
  - Low doc borrowers late with repayments
  - ACCC approves Westpac's takeover of St George
 
23 July 2008 - Term deposits more attractive than savings account
  - Rams liquidating assets
  - Australia needs more saving
 
22 July 2008 - Rumours circle BankWest
  - No fees and no rate discounts on new NAB loan
  - New rules coming for banks
  - NAB panders to Wayne Swan
 
21 July 2008 - Bopo card holders wait for funds
  - Depositors get nine per cent return
 
18 July 2008 - Short selling OK by ASX
  - Bendigo and BOQ fall into line
  - Bank loans going bad
  - ANZ and NAB face most debt strife
 
17 July 2008 - Next rates move could be down
  - CBA not a St George buyer
  - Banks may not pass on rate cuts
  - Aussies get richer despite share slide
 
16 July 2008 - Westpac in step on rate rise
  - Over Fifty Group quit reverse mortgage market
  - House prices down in Queensland
  - GMAC exit underway, Capital First
  - Aussie prods apathetic borrowers
 
15 July 2008 - Global banks target affluent travelers
  - NAB, AMP and Suncorp raise rates
  - Credit unions offer green loans
 
14 July 2008 - NAB shareholders cool on reinvesting dividends
  - Harassed GE borrowers still waiting for compo
  - Government is propping up the banks
  - Credit Union introduces Visa debit fee
  - Commonwealth, ANZ raise rates
  - China's biggest bank now in Australia
  - Bank of Queensland branch owners walk away
 
11 July 2008 - Government debt agency needed
  - Banks circle Wizard
  - ANZ pays premium prices for debt
  - AMP Bank channels more mortgages
  - Bank businesses in trouble
 
10 July 2008 - Credit crisis not over yet
  - Court rules against Westpoint investors
  - Interest rates may turn down
  - BankWest raises rates, others to follow
  - Banks grab more mortgage market share
 
09 July 2008 - Debt trouble and bankruptcies go up again
  - Banks fight over Bill Express network
 
08 July 2008 - Small broker plus small broker makes big broker
  - Elderslie investors lose out
  - Challenger wants its' shares back
 
07 July 2008 - Surge in margin calls as All Ords falls
  - ANZ's Chimaera troubles get messy
  - St George raises mortgage interest rates
  - St George customers pay more
  - SMS banking can be expensive
  - RateTracker wins market share for BankWest
 
04 July 2008 - Swan says no to Aussie Mac
  - Small business borrowing down
  - Pepper reports loss
  - eBay backs down over PayPal
  - House price boom predicted
  - Advisors charge fees for opening bank accounts
 
03 July 2008 - Super contributions rise for some
  - Protected equity lending an endangered species
  - Elderslie moreso private equity investor
  - CommSec margin lending near record
  - 3000 investors stranded by failure of Elderslie
 
02 July 2008 - Rising margins erode satisfaction
  - Mortgage margins may rise again
  - Frequent Flyer float likely
  - Elderslie seeks six month freeze on payments
  - Bank of Queensland fiddles with franchise margins
  - APRA seeks same-day data on liquidity
  - Credit Card Balance Transfer Offers Grow
 
01 July 2008 - Private equity eyes off B&B
  - Commonwealth leading from Westpac
  - ANZ withdraws from stock lenders
 
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