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Record-low rates driving demand for lending roles

Recruitment in the banking industry “has become increasingly candidate-short”, according to new research by a global recruitment agency.

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P2P lender opens its books

An emerging online invoice trading platform has publicly released its loan book volumes as part of its push for greater transparency in peer-to-peer (P2P) lending.

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NAB to focus on core markets following UK exit

NAB shareholders have voted in favour of the demerger of UK subsidiaries Clydesdale Bank and Yorkshire Bank, with chief executive Andrew Thorburn indicating that the bank will now focus on ...

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ANZ announces major executive changes

ANZ has announced a range of new executive roles after reshuffling its senior leadership team.

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ANZ exec steps down

A big-four bank has announced that one of its top executives will leave the group to seek new opportunities.

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NAB predicts three Fed rate hikes for 2016

The US Federal Reserve is likely to implement three further rate hikes in 2016, but inflation and market stability must persist in order for the central bank to follow through, NAB says.

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Major bank reacts to ASIC lending concerns

In response to ASIC's concerns, a big four bank has suspended sending credit limit increase invitations to its customers and implemented a number of changes to improve its lending practices

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NAB prices Clydesdale IPO

National Australia Bank has announced the share price range for the proposed initial public offering (IPO) of its UK subsidiary.

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ANZ rejects 'toxic culture' allegations

ANZ has vowed to "vigorously defend" claims by two sacked traders that the bank's dealing room is awash with drugs, sex and alcohol.

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ATO 'very concerned' over SMSF lending

The Australian Taxation Office (ATO) fears that SMSF trustees are not meeting or aware of certain conditions that would qualify their related-party loan as being on commercial terms, ...

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