Briefs: Thorn warehouse re-opens, Change Financial completes capital raising, NZ CCCFA tweaks 04 August 2022 6:08AM Thorn announced yesterday that it has reached agreement on a restructure of its warehouse facility with the funders and will start using the facility again to support business finance originations. read more
Briefs: Westpac completes life insurance sale, QuickFee CEO quits, and more 02 August 2022 5:43AM Westpac has completed the sale of Westpac Life Insurance Services Ltd to TAL Dai-Ichi Life Australia. read more
Briefs: New HSBC CEO, Rickard joins AFCA board, NHFIC opens the door for ANZ and Westpac 27 July 2022 6:04AM Antony Shaw has been appointed chief executive of HSBC Bank Australia. read more
Briefs: Volt completes return of deposits, former PEXA boss to lead Iress 26 July 2022 5:30AM Volt Bank has completed the return of deposits to customers following its decision to stop offering banking services and hand back its ADI licence. read more
Briefs: Heritage appoints CISO, NAB issues notes at 615 bps, payday loan losses pick up 21 July 2022 6:05AM Heritage Bank has moved to improve its data security, appointing Mikhail Lopushanski as its chief information security officer. read more
Briefs: Collection House administrators call for proposals, Harmoney board appointments 11 July 2022 5:52AM The voluntary administrators running failed debt buyer Collection House have called for proposals for the purchase or recapitalisation of the business by July 22. read more
Briefs: ARCA appoints CEO, new Bendigo and Adelaide chief customer officer, MoneyMe enters securitis 04 July 2022 5:55AM The Australian Retail Credit Association has appointed Elsa Markula as its new chief executive, replacing the retiring Mike Laing. read more
Banking veteran joins humm board 01 July 2022 5:55AM Former Bank of Queensland chief executive Stuart Grimshaw has joined the board of finance company humm, which is being completely overhauled following the departure of most of the directors. read more
Briefs: CBA supercharges rate increases, Citi’s banking licence revoked, and more 01 July 2022 5:52AM Commonwealth Bank has increased fixed home loan rates for terms from one to five years by 140 basis points. read more
Briefs: Macquarie launches hybrid, Harmoney gets funding boost 29 June 2022 5:56AM Funding costs for large financial institutions continue to rise, with Macquarie Group launching a hybrid issue, Macquarie Group Capital Notes 6, with a margin expected to be 370 to 390 basis points ab.. read more