marketplace lending, consumer (84 items)

Briefs: Quay and G&C merger cleared, FlexiGroup signs up Flight Centre, Bigstone gets capital injection, and more

Quay Credit Union's proposed merger with G&C Mutual Bank is over the line, after 89 per cent of Quay CU members voted in favour at a meeting last week. G&C Mutual Bank will have a post-merger balance sheet of around A$1.1 billion.  The merger may take effect from 1 September 2016. read more

Foreign news: RBS and Lloyds sales on hold, global banks demand certainty om Brexit plans, BIS appoints new secretary general, and more

The British government has cancelled its plans to sell its holdings in Royal Bank of Scotland and Lloyds Banking Group this year in the wake of Brexit, Reuters reports. read more

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