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Aug 10 2021
The chief executive and managing director of MyState Bank will be retiring from his role at the end of the year, after delaying his exit to steer the bank through the pandemic.
Aug 9 2021
A major bank has announced that it has entered into an agreement with Citigroup to acquire its consumer bank in Australia for $1.2 billion.
Aug 9 2021
The ASX-listed company is to acquire a personal lending fintech for $200 million, it has been announced.
Aug 9 2021
The Reserve Bank and fellow watchdog APRA are preparing to arm themselves should lending standards deteriorate, with its governor saying he “couldn’t rule it out within the next year”
Aug 6 2021
The lender has announced a $500-million residential mortgage warehouse facility, which it said completes its transition to becoming a non-bank lender.
Aug 6 2021
Half of Australians believe credit providers should proactively monitor their customers’ financial health to pre-empt hardship, according to a new survey.
Aug 6 2021
A director for BHP, Medibank Private and Stockland is set to take a seat on the big four bank’s board.
Aug 5 2021
New Zealand’s central bank is primed to further tighten mortgage lending standards, following concerns with a rise in high-LVR and high-DTI lending.
Aug 4 2021
New lending commitments for owner-occupiers fell by 2.5 per cent in June, the largest monthly drop-off in around a year.
Aug 4 2021
Non-bank lender TechLend has gained $50 million in funding from a Silicon Valley venture fund, with plans to turbocharge the growth of its business.
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