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NAB tipped to overtake ANZ

The $1.2-billion acquisition of Citigroup’s local business is expected to boost NAB’s customer base past that of ANZ, according to new analysis.

NAB tipped to overtake ANZ
Bank outlines ‘vigorous strategy’ to buy Westpac PNG

Kina Securities Limited has outlined how its proposed acquisition of Westpac PNG will benefit consumers, following opposition from the competition watchdog.

Bank outlines ‘vigorous strategy’ to buy Westpac PNG
Red tape choking small-bank lending: BOQ

Bank of Queensland has called for an array of regulatory reforms, in order to equalise smaller banks against the majors and improve credit access.

Red tape choking small-bank lending: BOQ
NAB reports lending growth

The big four bank has recorded a rise in lending across its mortgage, SME and Kiwi businesses in the last quarter.

NAB reports lending growth
Lender tops $1bn in settled loans

Specialist mortgage lender for self-employed borrowers Rate Money has surpassed $1 billion in settled loans 18 months after launching.

Lender tops $1bn in settled loans
New AMP boss eyes broker channel

Freshly appointed AMP chief Alexis George has flagged ambitions for the banking business, with brokers expected to continue feeding most of its growth.

New AMP boss eyes broker channel
ANZ appoints CFO

ANZ has promoted an institutional executive to chief financial officer, to commence from October.

ANZ appoints CFO
Suncorp home loan lodgements climb; $250m buyback launched

Although total lending slipped at Suncorp, new housing loans were up, boosted by efforts to improve the broker experience.

Suncorp home loans climb; $250m buyback launched
Non-bank prices second $1.25bn RMBS

La Trobe Financial has priced its second residential mortgage-backed securities transaction for 2021, after upsizing it from $750 million to $1.25 billion.

Non-bank prices second $1.25bn RMBS
AMP hires retirement solutions head

The wealth and banking group has recruited from QSuper for its new general manager of retirement solutions.

AMP hires retirement solutions head
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