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Major bank recruits 134 new small-business bankers

NAB has welcomed 134 mobile business bankers to its ranks, and will bring in another 70 before the end of the year, as it works to broaden its credit support for SMEs.

Major bank recruits 134 new small-business bankers
Westpac Group to close dozens of branches

The major bank is closing dozens of branches and relocating 300 jobs to Victoria as it moves to digital channels.

Westpac Group to close dozens of branches
Westpac mulls further business sale

The major bank has said that it is assessing the viability of another business arm, as part of a simplification strategy that has already seen its Asian and wealth-related businesses on the ...

Westpac mulls further business sale
Major banks offer flood relief, assistance

The big four banks have announced disaster relief funds and emergency assistance to customers and businesses who have suffered damage or loss because of the floods in NSW.

Major banks offer flood relief, assistance
ASIC blasts banks for slow remediation

The regulator has said that it is “very frustrated” by the speed at which the big four banks are returning money to customers in their advice remediation programs.

ASIC blasts banks for slow remediation
Lenders offer loan relief for flood victims

Customers affected by the NSW floods are being offered loan repayment deferrals, among other forms of financial relief, as more heavy rain is forecast.

Lenders offer loan relief for flood victims
Major banks settle US class actions

Two major banks have settled class actions in the US in relation to the trading of bank bill swap rate-based products.

Major banks settle US class actions
Responsible lending debate postponed till May

The progression of the bill repealing responsible lending laws has been delayed, after Senate adjourned the debate of its second reading until 11 May 2021.

Responsible lending debate postponed till May
Non-bank prices $750m RMBS

Pepper Group has priced a $750-million RMBS, marking its first securitisation for 2021.

Non-bank prices $750m RMBS
Major bank sells LMI business

A big four bank has announced that it will sell its lender’s mortgage insurance business to a global specialist insurer.

Major bank sells LMI business
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