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Commonwealth Bank announced late on Friday that it had closed the bookbuild for its PERLS X Additional Tier 1 capital issue. read more

In a coincidental turn of events, another case being run by ASIC against a major bank in the Federal Court is running down, just as the case against CBA gets more interesting. read more

Synchrony, the former GE US consumer finance business, is understood to have been the bidder that had made an A$8 billion-plus tilt for Latitude. read more

The European Commission has released its "Fintech Action plan" - a 23 step plan to promote the digital transformation of the financial services sector. read more

Commonwealth Bank of Australia yesterday announced an offer, and lodged a prospectus with the ASX, for a new Tier 1 hybrid to be known as CommBank PERLS X Capital Notes. read more

The "relatively stable" relationship between New Zealand's Official Cash Rate and retail mortgage rates has deteriorated since the financial crisis, such that the OCR on its own has not been a good pr.. read more

In its submission on the draft legislation on the new Comprehensive Credit Reporting reforms, the Australian Banking Association has called on the Government to ensure banks are able to properly expla.. read more

Latitude Australia has launched its first securitisation of credit card receivables for 2018, originated by Latitude Finance Australia and known as the Latitude Australia Credit Loan Note Trust. read more

Analysts are warning of a longer-term "... commoditising effect on the banking industry" as talks between Amazon and JP Morgan Chase over a potential partnership continue. read more

Bank of Queensland will stump up almost A$145 million to redeem up to 1.41 million convertible preference shares issued in December 2012. read more