RAB consolidates mutual mergers 08 November 2018 5:15PM Two northern NSW mutuals, Regional Australia Bank and Holiday Coast Credit Union, are in merger discussions, aiming to create a financial services player with assets of more than A$2 billion. read more
PEXA heads towards A$1.6m trade sale 07 November 2018 5:12PM An offer by a consortium to acquire Property Exchange Australia (known as PEXA) has been accepted by shareholdings totalling more than 50 per cent of the company's issued capital. read more
CBA launches Tier 1 eligible PERLS XI notes 02 November 2018 5:20PM CBA has launched a new series of subordinated, unsecured Basel III compliant hybrid securities that will qualify as Tier 1 capital, with a bookbuild set to start on 8 November. read more
Wisr celebrates growth, searching for scale 02 November 2018 5:18PM Listed non-bank lender Wisr, has reported "continued strong loan growth and customer acquisition" in the first quarter of the 2019 financial year, but has yet to generate the scale needed to justify i.. read more
938 breach matters on ASIC ledger 01 November 2018 5:43PM ASIC's annual report discloses the corporate regulator is facing an increasingly packed investigations and compliance agenda, while its own fees for services plan has not yet been approved. read more
RBA warns on cyber attacks and uncertain global growth 31 October 2018 5:56PM Australian banks have now largely completed a decade long transition to stronger capital and liquidity positions, making them more resilient to adverse shocks than before the GFC, although a major cyb.. read more
Banks warned to go digital or fail 31 October 2018 5:48PM Established financial services providers will need to move fast and build digital platforms or find niche products and services to sell on others' platforms - or face a growing risk of failure, warns.. read more
Bendigo backs itself on trust and new technology 31 October 2018 5:47PM Australia's fifth largest retail bank, Bendigo and Adelaide Bank, held its AGM yesterday in regional Victoria, announcing increased cash earnings and higher dividends. read more
Retirees take over as DIY analysts at Bendigo AGM 31 October 2018 5:46PM The self-funded retirees who made up the bulk of the attendees at this year's Bendigo and Adelaide Bank annual general meeting were certainly determined to have their say, before filing out to their c.. read more
Neobanks talk up their new tech advantage 29 October 2018 4:41PM The next generation of challenger banks in Australia will be digital only, and by their own account want success on their own terms, not as partners of the larger established banks. All they need is A.. read more