Lender

The major bank has made changes to its executive leadership team, which include a new appointee charged with overseeing programs designed to manage risk and simplify the bank.   

Short-termism, complacency and a lack of accountability are among the issues that have led to ANZ Bank failing its customers, chair David Gonski has admitted. 

The Australian Securities and Investments Commission has commenced a court case against NAB over allegations that 16 bankers accepted loan information and documentation from 25 unlicensed ...

The non-major has reduced variable and fixed rates across its owner-occupied and investment home loan products.

Strong broker uptake of CML Group’s equipment finance offering has helped the lender build revenue from this stream by 538 per cent in the last finance year, its results showed.

The Bank of Melbourne, BankSA and St.George Bank have slashed fixed rates across their owner-occupied and investment home loan offerings.

Slow adaptation to new technology has been named among the causes of an increase in ANZ’s processing times for home loan applications.

The major bank has released a quarterly ASX update, reporting a rise in arrears across its home loan portfolio.

More than half of the population (54 per cent) have been negatively affected by misconduct among finance service providers, according to a new study, which has estimated the total loss ...

Treasurer Josh Frydenberg has withheld his approval for the acquisition of a Queensland-based lender, requesting further details before rubberstamping the takeover.