AFG buys into commercial property lender Thinktank 20 April 2018 12:12PM Listed non-bank lender Australian Finance Group is to take a strategic stake of 30.4 per cent in small ticket commercial property lender Think Tank Group Pty Ltd. read more
Briefs: New chairman for Suncorp board, Mortgage arrears trending down, RBNZ warns on abrupt climate 20 April 2018 11:41AM The chairman of Suncorp Group, Ziggy Switkowski, will retire from the board after the company's annual general meeting on 20 September, with current board member Christine McLoughlin announced as the.. read more
Australian banks lead on digital customer experience 19 April 2018 1:42PM Mobile sales readiness among banks in the US and Australia increased 50 per cent for measures such as "breadth of offer" and "ease of use" in the past year. read more
Foreign news: US megabanks cash in on taxbreaks, IMF warns on debt 19 April 2018 1:34PM The four biggest US banks have just received the first instalment of benefits that corporate America will reap from lower federal taxes. read more
Brief: ASIC bans Suncorp financial adviser, Payments NZ fronts up 19 April 2018 1:23PM ASIC has banned former Suncorp financial adviser Gerald Grubwinkler from providing financial services for four years. The regulator found that he failed to act in his clients' best interests when pro.. read more
AMP cornered by Hayne inquiry 18 April 2018 4:55PM The Hayne Royal Commission has exposed a culture at AMP Limited of misleading ASIC over responsibility for the wealth manager's own misconduct, and minimising evidence of systemic strife. read more
McPhee wraps ABA banking reform 18 April 2018 4:54PM Ian PcPhee, "independent governance expert" for the Australian Banking Association, has delivered his eighth report on how banks are implementing measures to protect consumer interests. read more
Smartphone banking takes off in Asia 18 April 2018 4:49PM Smartphone banking is outpacing all other types of digital growth across both "emerging" and "developed" Asia. read more
Briefs: IMF backs DTI for NZ, OCBC taps AUD investors 18 April 2018 4:47PM In its article four consultation statement on the New Zealand economy, the IMF has suggested the Reserve Bank be given a debt-to-income instrument for its toolkit. read more
Foreign news: EU toughens on money laundering, Blockchain cuts costs and revenue, and more 18 April 2018 4:41PM The European Commission is to toughen the enforcement of anti-money laundering legislation, proposing greater cross-border coordination and easier access to bank account details for law enforcement au.. read more