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Clancy Yeates reports on banking and finance and is a former Canberra business correspondent.
Clancy Yeates New Westpac chief executive Brian Hartzer has pledged to maintain strong shareholder returns by focusing on technology and lifting efficiency at Australia's second-largest bank.
Clancy Yeates Third time lucky: Gail Kelly's successor has been overlooked for the top jobs at ANZ and Commonwealth Bank before rising to the helm at Westpac.
Max Mason, Clancy Yeates Westpac chief executive Gail Kelly is stepping down from the bank she has led since 2008.
Clancy Yeates Westpac chief executive Gail Kelly's pay jumped to $12.8 million last financial year, making her the highest-paid boss of a retail bank in Australia.
Clancy Yeates Australian banking regulation needs to find the right balance between growth and safety, CBA chief Ian Narev says ahead of G20.
Clancy Yeates Australia's big banks are quietly making significant cuts to the interest rates paid on term deposits, as lenders compete less keenly for household savings.
Clancy Yeates and James Eyers G20 leaders gathering in Brisbane this weekend will consider a plan to protect taxpayers from bailing-out failing banks by making the world's most important lenders more able to absorb losses in a...
Clancy Yeates Super fund-owned ME Bank is pushing ahead with an aggressive plan to more than double the value of home loans it writes, despite the rapid growth coming at a cost to returns.
Clancy Yeates The Commonwealth Bank is powering towards a record profit of $9.5 billion, as the resurgent mortgage market and falling bad debts drive earnings growth.
Clancy Yeates The Commonwealth Bank's first quarter earnings swelled by almost 10 per cent to $2.3 billion, buoyed by growing customer numbers and lower impaired loans.
Clancy Yeates The stage is being set for a showdown between Joe Hockey and four of the most powerful corporations in the country.
Clancy Yeates Westpac chief Gail Kelly has warned the whole economy could wear the costs of making the financial system safer by forcing Australia's big banks to hold billions of dollars more in capital.
Mark Mulligan and Clancy Yeates House price growth is slowing and building approvals have slumped, but some lenders remain upbeat on investor demand for Australian property.
Clancy Yeates Westpac's profits have jumped 8 per cent to a record $7.6 billion, as record low interest rates fuel a bounce in credit growth and declining bad debts among borrowers.
Clancy Yeates One of the country's most senior bankers has raised concerns about an "irrational obsession" with property investment.
Clancy Yeates National Australia Bank is pushing ahead with its vow to defend its turf as the country's biggest business bank, unveiling a new campaign to lend $1 billion a month to business customers.
Clancy Yeates Commonwealth Bank chief executive Ian Narev has offered to step in and testify at a Senate inquiry into the bank's financial advice scandal, as the lender prepares to write to 300,000 customers...
Clancy Yeates The Commonwealth Bank will write to 300,000 customers of its Commonwealth Financial Planning business informing them of a compensation scheme for victims of dud advice.
Clancy Yeates ANZ chief executive Mike Smith has warned that customers could face higher interest rates if banks are forced to hold larger capital buffers, an option being considered by the government’s...
Clancy Yeates and Toby Johnstone Bank bosses have played down property sector concerns.