• Contact
  • Feedback
Banking Day
Stay Ahead. Stay Informed.
Concise. Candid. Provocative.
Get the daily banking news that matters
Banking Day – Your trusted source for independent financial insights.
Subscribe Now
  • News
  • Topics
    • All Topics
    • Briefs
    • Major Banks
    • Authorised deposit-taking institutions
    • Insurance, funds and super
    • Payments, mobile & wallets
    • Consumer lending
    • Mortgages
    • Business lending
    • Finance regulation
    • Debt capital markets
    • Ratings agencies
    • Equity capital markets
    • Professional services
    • Work & career
    • Foreign news
    • Other topics
  • Free Trial
  • Subscribe
  • Resources
    • Industry events
  • About us
    • About Banking Day
    • Advertise
    • Feedback
    • Contact Banking Day
  • Search
  • Login
  • My account
    • Account settings
    • User Admin
    • Logout

Login or request a free trial

Briefs: DirectMoney reports a strong quarter, Lorimer to join BOQ board, former ANZ employee drops a

01 February 2016 4:43PM
Marketplace lender DirectMoney wrote A$3.2 million of loans in the December quarter - a 127 per cent increase over the September quarter. At the end of December the company had $8.5 million of loans to 491 borrowers. The company said it was working with 224 brokers. John Lorimer will join the board of Bank of Queensland, adding a director with wider international banking experience. Lorimer headed Citi's Asia Pacific regional cards business from Sydney during the 1990s. He then managed risk and compliance for the cards division of Standard Chartered Bank in London from 2000 to 2008. Now a professional director, Lorimer serves on the board of health insurer Bupa Worldwide and also the board of Aberdeen New Dawn Investment Trust. A bellicose, if business as usual, approach by ANZ to countering the much publicised "traders" case launched last month has succeeded in chasing one of two plaintiffs away. ANZ on Friday said its former employee Patrick O'Connor had decided to discontinue his legal action against ANZ. O'Connor said he decided to withdraw the claim because of the financial and emotional strain it would have placed on his family. ANZ said it would make no payment to O'Connor, while parties will meet their own legal costs.

I'm a returning subscriber

*
Password reset *
Login

Request a free trial

  • Emailing you the news at 7am.
  • Covering core lending and funding issues, strategy, payments, regulation, risk management, IT, marketing and more.
  • Original news and summaries of major stories from other media – ditch your newspaper subscriptions.
  • Focused on banking and finance, saving you the time spent wading through newspapers and other services.
  • With reporting from former editors and senior writers from the AFR and The Australian.
  • Configured for your phone, laptop and PC.
Free trial Banking Day
ConfidentiallySpeaking.com.au Logo
High-impact negotiation masterclass | July 9 & 16, 2025 | 5:00pm - 8:30pm
This high-impact negotiation masterclass teaches practical strategies to help you succeed in challenging negotiations.
Register Now

Consumer lending

  • Latitude, Harvey Norman liable for interest free GO card con

Copyright © WorkDay Media 2003-2025.

Banking Day is a WorkDay Media publication

WorkDay Media Unit Trust

  • Privacy policy
  • Terms of access and use