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Banks offer relief to Sydneysiders

Several lenders, including all four major banks, have offered loan relief to Sydneysiders impacted by the two-week lockdown.

Banks offer relief to Sydneysiders
Former bank CEO joins AMP board

AMP Ltd has announced that a former CEO of Bendigo and Adelaide Bank will join the board from 1 July 2021.

Former bank CEO joins AMP board
MyState closes $24.2m raise, recruits director

The non-major bank has completed a $24.2-million capital raising from retail investors, as it has named a new board director.

MyState closes $24.2m raise, recruits director
Westpac U-turns on demerger plans

The major bank has confirmed that it will not proceed with the demerger of its New Zealand business.

Westpac U-turns on demerger plans
Court dismisses ASIC case against short-term lenders

The Federal Court has dismissed ASIC’s application over alleged breaches of consumer credit provisions by short-term lenders Cigno and BHF Solutions.

Court dismisses ASIC case against short-term lenders
Treasurer approves ME Bank acquisition

The federal Treasurer has granted approval for a non-major bank to hold a controlling stake of 100 per cent in Members Equity Bank Limited.

Treasurer approves ME Bank acquisition
APRA extends neobank’s restricted banking licence

The prudential watchdog has granted Sydney-based challenger in1bank an extension for its restricted banking licence.

APRA extends neobank’s restricted banking licence
APRA writes to lenders on home loan risks

The prudential regulator has written to ADIs to ensure that they are proactively managing lending risks and focusing on lending standards amid some increased risk-taking, according to the ...

APRA writes to lenders on home loan risks
Westpac Group to create 300 new Adelaide jobs

Westpac Group has announced that it is creating more than 300 new roles (including lending and credit assessor roles) in Adelaide.

Westpac Group to create 300 new Adelaide jobs
AMP confirms CEO transition dates

AMP has confirmed when chief executive Francesco De Ferrari will step down and when his replacement will take the reins.

AMP confirms CEO transition dates
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