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‘Let’s be clear. This is an emergency rescue’: UBS

Swiss banking giant UBS has confirmed that it will acquire embattled lender Credit Suisse in a transaction that has been...Read More

Non-banks increase high LTI lending: RBA

Non-banks increased their exposure to higher loan-to-income (LTI) mortgages after banks were forced to tighten serviceab...Read More

‘First domino to fall’: BlackRock mulls banking crisis

BlackRock chairman Larry Fink is concerned that recent turmoil in the US banking sector could be the beginning of a slow...Read More

Latitude cyber attack claims 100,000 customer drivers' licenses

ASX-listed lender Latitude Financial Group has been hit by a cyber-attack believed to have originated from a major vendo...Read More

Deposit Power-backed start-up secures $3.75m in seed round

Sydney-based start-up venture Downsizer has raised $3.75 million in seed capital to accelerate the growth of its SaaS pl...Read More

Almost 90% of new home loans are under 6 times income

Quarterly banking data from the prudential regulator shows the impact that rising rates have had on new residential mort...Read More

Stress, anxiety, and suicide: How Robodebt traumatised Australia

After nine weeks of hearings, the Robodebt royal commission is over. But the mental health impact of the controversial g...Read More

RBA needs to reconsider 2–3% inflation target: Bouris

Yellow Brick Road executive chairman Mark Bouris believes the RBA’s 2–3 per cent inflation target is no longer real...Read More

More fintech lenders to fail, warns Moody’s

Credit ratings agency Moody’s says the fintech threat has faded amid reduced funding and tighter regulations, while in...Read More

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