Bluestone Group has launched an issue of residential mortgage-backed securities, seeking A$200 million of funding. read more
Professional services (334 items)
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Briefs: CBA renews LMI contract with Genworth, Cole retires from IMB board
Genworth Mortgage Insurance Australia has renewed its lenders mortgage insurance contract with Commonwealth Bank for three years. read more
Coface takes the partnering route to expanding SME coverage
Trade credit insurer Coface is looking for a local partner to sell a new online SME product. read more
Foreign news: loan referral schemes kicks off in the UK, KPMG dragged into Wells Fargo scandal
Banks in the United Kingdom are now required to refer small businesses to an alternative lender if the decline them for a loan. read more
Banks clarify the scope of their Apple Pay application
A group of banks seeking the approval of the competition watchdog to negotiate collectively with mobile wallet providers have narrowed the scope of their application. Their application now relates only to Apple and they have taken security standards off the table. read more
Foreign news: Ant Financial takes a stake in Ascend, Wells Fargo settle overcharging claim, Japanese banks embrace blockchain
The company behind Alipay has bought a 20 per cent share of Thailand's Ascend Money, Wells Fargo is in more hot water, and a Japanese bank consortium planning to build a real-time payments platform using Ripple technology expands. read more
New CoreLogic MD to broaden the brand
CoreLogic's new managing director Lisa Claes has the task of integrating recent acquisitions, bringing in capabilities from elsewhere in the global group and creating a broader brand presence. read more
Briefs: Fintech 100 names its best operators, DirectMoney puts funding in place
Fintech companies large and small are hoping to ride a wave of success, with funding accelerating into an increasingly diverse sector. read more
Foreign news: ABN Amro's Asian private bank for sale, Bank of America hires a chatbot, Alipay enters the US market, Monte dei Paschi in cost cutting
Julius Baer Group, DBS Group Holdings and LGT Bank are the likely bidders for ABN Amro's private banking business in Asia which has been put up for sale with hopes of a deal by the end of the year. read more
Genworth sold to private Chinese investor
Genworth Financial Inc, the US parent of Genworth Mortgage Insurance Australia, is the target of a friendly takeover offer from China Oceanwide Holdings Group Co. read more
Briefs: Bank of Sydney gets on board with the ABA, insurtechs on the rise, surge in home loan refinance
Bank of Sydney has confirmed its full participation in the Australian Bankers Association's reform program, and an "insurtech" boom to follow the fintech revolution is predicted. read more