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Liberty Financial yesterday priced its fourth and largest issue of securities to be backed by a portfolio of small-to-medium enterprise loans. The Liberty Series 2015-1 SME transaction is the specialt.. read more

When it comes to allocating funds for lending, Westpac (like most banks) tends to look at any move away from stale ideas on capital adequacy balance on a risk-adjusted basis. read more

With negative interest rates in parts of Europe it is not surprising that investors there are seeking better returns overseas - and Australia is one of their preferred destinations. read more

ANZ yesterday announced the completion of its share purchase plan offer, having raised around A$720 million in Common Equity Tier 1 capital at a price of $26.50 per share. ANZ said it would now be mov.. read more

A former finance broker, Aizaz Hassan, has pleaded guilty in the Melbourne Magistrates' Court to one charge of conspiring to defraud financial institutions, the Australian Securities and Investments C.. read more

A record home lending push helped lift full-year banking profit by 10.7 per cent at Australia's largest mutual - or customer owned - financial institution. read more

The Australian Prudential Regulation Authority has revised its instructions under the Banking Act 1959 as to how foreign authorised deposit-taking institutions must explain their status to new and int.. read more

More details have emerged from Maurice Blackburn Lawyers on a shareholder class action over alleged breaches of continuous disclosure obligations by QBE in 2013. read more

NAB is launching a digital advice platform - to be known as NAB Prosper - to 40,000 of its internet banking customers, and along the way has claimed bragging rights as the first major bank to do so.&n.. read more

The Federal Court has ordered a subsidiary of Visa Inc to pay a penalty of A$18 million for engaging in anti-competitive conduct over currency conversion services in Australia. Visa Worldwide contract.. read more