118

Rob Goudswaard, CEO of Credit Union Australia, pulled a bit of a surprise yesterday, outlining plans to leave in February 2020.Might the fourth-largest mutual ADI supply his successor (a long rumoured.. read more

Transaction volumes fell eight per cent over the last quarter for Zip Co Ltd, small beer at a fintech lender bagging decent growth in credit and other key metrics. The slow burn preparing its Master.. read more

There is "a growing pipeline of firms" - make that fintechs - clamouring for access on level terms with banks to the central bank's most vital, and real-time, payments processing. At least in England.. read more

Todd Hannigan, Raymond Younan and Tim Brown head a syndicate of 20 investors taking a red hot run at winning the neobank war in Australia.Another ex MacBanker will be chief operating officer of Brown'.. read more

The Northern Australian Infrastructure Fund, lined up for obliteration. read more

The RBA's business liaison program for now supports the idea that business conditions are not so bad and 'business investment has been growing at a good rate," the RBA's Guy Debelle said yesterday. read more

Mortgage finance volumes bounced back in February, a rare piece of good news in banking.On the flip-side, business credit flows have crashed. read more

There is still "no clear framework for loss absorption" during a wind-up or resolution of a failing bank, S&P says. Though APRA have said there will be no statutory bail-in power at all, this is a.. read more

Yet another restructure is on the horizon for BNK Banking Corp, a minnow striving for acclaim amid the neo-bank limelight. read more

This morning (in part via the AFR) banks and the market have a heads up from the IMF that the APRA and RBA-driven hard U-turn in mortgage credit (and most of all for investors) are finally wearing bla.. read more