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Citi appoints new chair and head of banking

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

Citi appoints new chair and head of banking
Loan commitments soften over February

The weakening of loan commitments across the country comes in the wake of reports that dwelling value growth has begun decelerating.

Loan commitments soften over February
Bendigo and Adelaide Bank confirms next CFO

The non-major bank has revealed the current Colonial First State CFO will join its executive leadership later this year.

Bendigo and Adelaide Bank confirms next CFO
Treasurer green-lights NAB, Citi deal

Treasurer Josh Frydenberg has signed off on the big four bank’s acquisition of Citi Australia, pushing the deal further towards completion.

Treasurer green-lights NAB, Citi deal
Making news this week (week ending April 1)

  Discover some of the top news stories impacting the mortgages space in this wrap-up for the week ending 17 March. You can read the full stories here:  Budget 2022-23 overview: The ...

Making news this week (week ending April 1)
ANZ mortgage book continues decline

While its big four rivals expanded their home loan books over February, ANZ’s total slipped by $226 million.

ANZ mortgage book continues decline
MyState welcomes new leaders

A new chief and chair are set to steer Tassie lender MyState into its next chapter from the end of this week.

MyState welcomes new leaders
Borrowers on the ‘brink of financial stress’

While a multibillion-dollar cost of living package formed the centrepiece of the federal budget, new research reveals one in three borrowers are on the brink of financial stress.

Borrowers on the ‘brink of financial stress’
APRA lashes longstanding mutual bank directors

The prudential watchdog has expressed concerns about “excessive tenure” on mutual banks’ boards, with the average director sitting for at least a decade.

APRA lashes longstanding mutual bank directors
RedZed integrates fintech’s mortgage product

The lender has named PwC Australia as the delivery partner that assisted in the development of this arrangement with nCino.

RedZed integrates fintech’s mortgage product
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