Foreign news: Wells Fargo buys London office block, China focuses on debt servicing costs 20 July 2016 4:13PM US bank Wells Fargo is buying an 11-storey building in the centre of London, the BBC reports. The building, which is near the Bank of England, is under construction and Wells Fargo expects to move in.. read more
Briefs: Elders Finance extends hybrid offer, O'Dwyer given responsibility for financial services, an 19 July 2016 4:08PM Elders Finance has extended its on-market bid for Elders Hybrids by two weeks "to give small holders more time to consider the offer." read more
Foreign news: Bank of England closes staff bank, marketplace lenders hit slow patch, BoA profits dow 19 July 2016 4:06PM The Bank of England is closing the personal banking service it runs for employees. read more
Brief: Columbus launches RMBS 18 July 2016 4:00PM Columbus Capital has launched an issue of residential mortgage-backed securities, seeking A$300 million of funding. read more
ADVERT: 4th Annual Process Excellence for Financial Services: 19th - 20th October 2016, Sydney 18 July 2016 4:30AM Join process improvement professionals in the financial services industry to identify opportunities, take away key strategies and gain insights for successful operational excellence. Here's a s.. read more
Briefs: Bank of America signs funding deal with Billabong, EY partners with Stone & Chalk 15 July 2016 3:46PM Days after announcing that it had agreed to pay A$45 million to settle a class action, surfwear company Billabong had some good news to report. read more
Briefs: Scottish Pacific shareholders make gains on debut, Rabobank appoints NZ CEO, NAB consolidate 14 July 2016 3:43PM Investors in debtor finance company Scottish Pacific made a gain on the company's first day of trading on the Australian Securities Exchange. read more
Foreign news: Visa to trial wearable payments in Rio, Citibank accused of economic blockade 14 July 2016 3:41PM Visa will use its sponsorship of the Rio Olympics to trial wearable payments. read more
Briefs: Alexiou ends ANZ legal action, Optus to refund $2.4 million in mobile phone insurance, Moula 13 July 2016 4:24PM Former ANZ trader Etienne Alexiou has withdrawn his legal action against the bank. He and ANZ's former head of fixed income sales, Patrick O'Connor, had sought A$40 million compensation between them a.. read more
Foreign news: UnionPay launches digital wallet in South Korea, HSBC USA not indicted, and more 13 July 2016 4:18PM Chinese payments giant UnionPay has launched a payment service called QuickPass in South Korea, the first overseas market to adopt the technology. read more