Lender

The major bank chief executive has been appointed chair of the Australian Banking Association for the next two years.

Borrowers will be able to connect virtually with a home loan banker within 15 minutes, according to a new move by a big four bank.

The mortgage lender has lowered its serviceability buffer from 2 per cent to 1.5 per cent for certain borrowers, in a bid to help more broker clients access finance.

The lender has confirmed it will put further investment into addressing “historic” issues, including developing its digital bank offering.

The consumer watchdog has made a “fatal mistake” when it knocked back ANZ’s $4.9 billion acquisition of Suncorp Bank, the counsel representing ANZ has told the competition tribunal.

The former chief executive of RAMS has assumed the role of CEO at Beyond Bank.

The lender has revealed its next managing director and chief executive.

The major bank’s loan book has recorded a slight increase, breaking three consecutive months of declines.

The recently rebranded SME lender has revealed its new chair following the retirement of John Murphy.

The non-bank lender has completed its second-ever auto ABS transaction at $300 million.