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ASX-listed litigation funder IMF Bentham Limited has completed a A$40 million follow on bond issue as part of its ongoing capital management strategy. read more

Wells Fargo has overhauled its credit-card processing business after an internal probe found some employees falsely reported customers' sales and pushed small firms into costly contracts they didn't u.. read more

A late campaign by a group of agitators and members seeking to derail the proposed merger of Bankstown City Credit Union with Unity Bank may be missing its mark. read more

The new chief executive of the Australian Bankers Association said the industry could not realistically command external respect unless senior leaders were accountable "for themselves and for their te.. read more

It is the decentralised, cryptography-based solution that challenges the profit pool of the middle man with a promise to make centralised institutions obsolete.Blockchain technology is set to be the.. read more

Australian households are skint, or near enough, three quarters of the time, a Commonwealth Bank study found.Also, three appointments; a new CEFC CEO (pictured), MyState Bank's first Customer Advocate.. read more

The federal Government yesterday finally introduced to parliament legislation to adopt recommendations of the 2014 Harper Competition Policy Review. read more

Anna Bligh takes over from Steven Münchenberg as chief executive of the Australian Bankers Association next Monday. read more

Wells Fargo has agreed to pay US$110 million to settle a class-action lawsuit with customers who had accounts opened without their permission, or were signed up for a product they did not agree to. read more

ASIC has cancelled the Australian credit licences held by Emparo Enterprises and Quick Cash Advance for failing to hold membership of an approved external dispute resolution (EDR) scheme. read more