Foreign news: US banks put on SWIFT alert 09 June 2016 3:33PM United States banking regulators have warned banks to check their connections to SWIFT, the global financial messaging service, because of concerns that the network remains vulnerable to cyber attack. read more
Briefs: Asset manager on DirectMoney board, ME limits foreign income repayments, Sareen in charge at 08 June 2016 4:02PM Marketplace lender DirectMoney, which has had difficulty raising funds to support its lending operations, has brought an experienced funds management industry executive onto its board. read more
Foreign news: Goldman Sachs probed over Malaysia's 1MDB Fund, BoA mortgage class action update, Well 08 June 2016 3:57PM US investigators are trying to determine whether Goldman Sachs broke the law by not sounding an alarm about a suspicious transaction in Malaysia, "people familiar with the investigation" told The Wall.. read more
Brief: Mobile Embrace raises equity, IMB sells Tiers 2 notes, ING Direct offers ZipID to brokers, AS 07 June 2016 4:24PM Mobile commerce company Mobile Embrace has completed a A$12 million equity placement to existing and new shareholders. read more
Foreign news: US payday lenders hit by new rules, mobile POS devices, Santander in anti-corruption 07 June 2016 4:15PM According to Wall Street Journal columnist Holman Jenkins Jr., the Consumer Financial Protection Bureau's requirement for payday lenders to run full credit checks on prospective borrowers (average loa.. read more
Time to renew your Banking Day subscription 06 June 2016 4:55PM The end of the financial year is approaching and many of you are putting budgets in place for the year ahead. Please include your Banking Day subscription renewal on your list of spending approvals. read more
Brief: ANZ reassures Asian customers 06 June 2016 4:42PM ANZ chief executive Shayne Elliott has told Asian clients that the bank intends to remain a "major player" in the region, The Australian reports. read more
Jobs in banking and finance 06 June 2016 4:41PM Senior Associate, Analyst - Industry Insights, WestpacSydneyhttp://bankd.co/25Hh4iu read more
Bankruptcy reform proposal puts securitisation market on red alert 03 June 2016 3:44PM A Government proposal to amend the bankruptcy law has raised alarm bells in the securitisation sector, which fears that one of the proposals poses the risk of significant disruption in the securitisat.. read more
Correction: Maritime Mining Power Credit Union 03 June 2016 3:42PM An article published in yesterday's edition of Banking Day, 'Exceptions the rule in the mortgage market', included Maritime Mining and Power Credit Union in a list of lenders that had not announced ch.. read more