Retail Investors

• George Lekakis

TechStacked, the company formerly known as Xinja Bank, has suffered a major blow to its hopes of becoming an investment platform provider. read more

• John Kavanagh

Foreign exchange company OFX suffered a heavy COVID-related fall in its consumer business last year but its corporate business held up well. read more

• John Kavanagh

Australian Unity’s mutual capital instrument, the first security of its kind, has been a hit with investors, trading at a premium to its issue price since listing on the ASX last month. read more

• John Kavanagh

As more details of the government’s proposed changes to foreign investment rules become available, it has emerged that lenders will be affected by the reforms. read more

• John Kavanagh

Australia’s newest investment bank, Barrenjoey Capital Partners, launched yesterday. read more

• Bernard Kellerman

Another legal battle over damage inflicted on conservative investors who were unwittingly lured into high risk investments is nearing an end in the Federal Court. read more

• Bernard Kellerman

A business model for yet another fintech style operation, aimed at stealing a few more pieces of the banking sector's lunch, is being developed by an ex-Goldman Sachs banker. read more

• Banking Day staff

ING launches its first insurance product, while NAB sheds 80 per cent of its life insurance business and La Trobe launches an online investment platform. read more

• Banking Day staff

CBA has paid A$180,000 in infringement notices for breaching responsible lending rules when selling personal overdrafts, and the latest Consumer Sentiment survey results show savers are risk-averse. read more

• John Kavanagh

One segment of the debt market that has not received a boost from low rates is margin lending. The number of margin loan accounts fell by 2.8 per cent in the June 2016 quarter and is down almost fiv.. read more

• John Kavanagh

Yellow Brick Road's announcement yesterday that it was reducing its headcount, cutting costs and moving to a franchise distribution model is an overdue acknowledgement that the company's strategy of g.. read more

• John Kavanagh

Australian Unity Investments is reviving its mortgage investments business, switching from its traditional pooled fund approach to a "contributory" model. read more

• Bernard Kellerman

Crowdfunding property investment company Domacom and peer-to-peer lender ThinCats Australia are to set up a partnership in order to share lending and borrowing opportunities. read more

• Banking Day staff

ANZ has confirmed that it may sell its online broking business, ANZ Share Investing. read more

• Bernard Kellerman

Class, a provider of cloud-based self-managed super fund administration software, has signed off on integration with RateSetter, provider of peer-to-peer lending to retail investors and SMSFs. read more

• Ian Rogers

The vulnerability of a casualised workforce is one risk highlighted in an analysis of banks' sensitivities to shocks and pressure on credit profiles circulated by Moody's Investors Service yester.. read more

• John Kavanagh

Timbercorp Finance liquidator Korda Mentha has failed in a bid for a court ruling that investors who borrowed from the group to invest in its agribusiness schemes cannot defend proceedings for recover.. read more

• John Kavanagh

The Australian Securities and Investments Commission has commenced proceedings in the Supreme Court of New South Wales against Macquarie Investment Management, to determine the appropriate penalty for.. read more

• Bernard Kellerman

Australian dealer ABC Bullion has come up with what it claims is the first dollar averaging approach to allow retail investors to buy physical gold or silver via a direct payment from a bank account. read more

• Banking Day staff

ASIC's recent surveillance program identified "serious and widespread compliance failures" in the retail over-the-counter derivatives industry. read more