Briefs: Bendigo rushes brand, Macquarie upgrades

Banking Day staff
  • Bendigo and Adelaide Bank is to launch a new home loan brand: Bendigo Bank Express which will be available to customers from the middle of the year. The bank will become a white-label user of the application and assessment process from fintech Tic:Toc, run by a former senior executive of Bendigo.
  • Macquarie Group has upgraded its profit outlook, telling investors it expects a 15 per cent lift in profit this year to A$2.9 billion.