111

Senior European officials agreed this week to guidelines allowing UK banks "appropriate access" to the EU financial services market after Brexit. read more

Commonwealth Bank waited for close to two years to act on defects with its consumer credit insurance products and sales practices, the Royal Commission into banking misconduct heard yesterday. read more

Westpac's New Zealand arm has launched a five-year unsecured bond issue which will be priced on Wednesday (21 March) and issued on Friday. read more

The Royal Bank of Scotland is reportedly working on "secret plans" to create a standalone digital challenger bank. read more

With Open Banking expected to disrupt the Australian financial services industry over the next year, banks, credit unions, mutuals, fintech disruptors and payments organisations must readily prepare.. read more

The ANZ-branded remnant of the bank's former Esanda finance arm "will suspend providing new secured asset finance loans for retail customers in Australia while it undertakes a detailed review of its b.. read more

Aussie Home Loans did not have "a formal … responsible lending policy" until a couple of weeks ago. AHL's chief financial officer Giles Boddy confirmed an account of slipshod compliance culture, fre.. read more

The Capricornian, a Queensland credit union, reported asset growth of 12 per cent (annualised) over the half year to December 2017. read more

Online lender loans.com.au has teamed up with the Clean Energy Finance Corporation to cut the interest rate on loans used to buy fuel efficient and electric vehicles. read more

Firefighters Credit Union is not exploring or had any discussions with South Australian fire service mutuals in relation to joining forces and is not actively seeking any merger partners. read more