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Jul 21 2020
The small business ombudsman has called out a short-term lender after it reportedly “refused to engage in mediation” and took direct action against a small business client.
Jul 20 2020
The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.
Jul 20 2020
The major bank has outlined findings from a review into its culture, governance and accountability practices, launched in response to AUSTRAC’s investigation.
Jul 17 2020
Citigroup saw its net income for the second quarter of the year plummet by 73 per cent from its year before, as the pandemic increased credit costs and dried up consumer spending.
Jul 16 2020
The corporate regulator is expected to announce “in the coming business days” whether it will prolong its responsible lending saga with Westpac.
Jul 15 2020
The major bank is most vulnerable to a COVID-induced spike in credit losses and is set to raise its collective provisions, according to Morgan Stanley.
Jul 15 2020
The major bank has announced the appointment of a new chief financial officer.
Jul 14 2020
A major bank-owned lender has introduced a new LMI offering for first home buyers with a 15 per cent deposit.
Jul 6 2020
The prudential regulator has imposed new licensing conditions on the financial services institutions following an investigation into matters referred by the banking royal commission.
Jul 1 2020
The major bank has far outpaced its peers in the mortgage market, with its portfolio growth doubling its nearest competitor, according to the latest APRA data.
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