Lender

Heritage Bank and People’s Choice Credit Union have travelled further towards consolidation, having confirmed their new leadership structure should the union succeed.

The non-major bank has appointed a new chief financial officer to replace Ewen Stafford, who is leaving to join Loan Market Group.

APRA is finalising a letter to banks relaying its expectations around crypto assets and flagging them to “proceed with care”.

Macquarie was writing more in net new home loans than any of the big four banks over February, according to an analysis from UBS.

Heartland has expanded its group leadership, as it has forayed into Australian agri finance and aimed for further growth.

The non-bank lender has announced the appointment as it prepares to revamp the competitiveness of its products focused towards the broker sector.

The non-bank has revealed its chief financial officer, naming Renewal SA’s finance director to the role.

Reverse mortgage provider Heartland Group has moved to purchase agri lender StockCo Australia, in a bid to broaden its Australian offering.

Hejaz Financial Services upgrades its application technology to “streamline applications” for brokers, as it expands its broker channel.

Citi’s Tony Osmond steps in as chairman, banking, capital markets and advisory, as Alex Cartel assumes head.