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Credit Suisse borrows $80bn from central bank
20 March 2023

The troubled investment bank will borrow approximately $80 billion from Switzerland’s central bank amid ongoing liquidity concerns.

‘First domino to fall’: BlackRock mulls banking crisis
17 March 2023

BlackRock chairman Larry Fink is concerned that recent turmoil in the US banking sector could be the beginning of a slow-moving crisis among lenders.

Only 1/5 borrowers would approach brokers for green loans
17 March 2023

A survey has revealed that borrowers are not turning to brokers when seeking a green home loan and are opting for a DIY approach.

Latitude cyber attack claims 100,000 customer drivers' licenses
16 March 2023

ASX-listed lender Latitude Financial Group has been hit by a cyber-attack believed to have originated from a major vendor of the company.

Deposit Power-backed start-up secures $3.75m in seed round
16 March 2023

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

Almost 90% of new home loans are under 6 times income
15 March 2023

Quarterly banking data from the prudential regulator shows the impact that rising rates have had on new residential mortgage activity.

Tic:Toc obtains CDR accreditation
15 March 2023

The digital lender has been approved as an unrestricted accredited data recipient by the ACCC under the Consumer Data Right.

March 25-bp hike passed on by non-majors
14 March 2023

A number of non-major banks have confirmed that they have moved to pass on the latest interest rate change.

Heartland chairman Geoff Ricketts passes away
14 March 2023

Geoffrey Ricketts, the former chairman of Heartland Group Holdings, has passed away following a sudden illness.

Fed Reserve steps in to help depositors following SVB collapse
13 March 2023

Depositors using Silicon Valley Bank will have access to all of their money despite its collapse, after the US Federal Reserve stepped in to shore up the financial system.