Briefs: BNK completes Finsure sale, Harmoney expands funding 08 February 2022 5:35AM BNK Banking Corp has completed the sale of its mortgage aggregator Finsure to MA Financial Group. read more
Briefs: New AMP head of lending operations, CBA cuts investor variable rate 04 February 2022 5:37AM AMP Bank has appointed Melissa Christy as head of lending operations and client assist. read more
Alex Bank hires for growth 02 February 2022 5:28AM Alex Bank, which received a restricted banking licence from APRA in July 2021 has been pushing ahead with its growth plan. read more
Briefs: Ashurst hires financial regulation specialist, ING’s new head of real estate 01 February 2022 5:27AM Ashurst has added to its financial regulation practice with the appointment of Narelle Smythe as a partner in Sydney. read more
Facebook’s Meta financial folly 31 January 2022 5:03AM Facebook’s foray into financial services ended ignominiously last week as its new parent Meta sold off the Diem project to California’s Silverlake Bank for a reported sum of US$200 million. read more
Briefs: NAB CPO heads RBA HR, RBNZ tweaks to regulation, Bascand departed under a cloud 24 January 2022 5:35AM The Reserve Bank of Australia has appointed Karlee Hughes as Head of Human Resources Department. read more
Briefs: ‘Wacka’ Williams joins FCA board, COBCCC and RBNZ appointments 17 December 2021 6:22AM It's the season for financial sector appointment announcements. read more
Briefs: CBA launches ESG term deposit, Resimac to buy back shares, Pepper prices ABS 14 December 2021 6:02AM Fund manager IFM Investors has entered into a A$200 million fixed-rate environmental ESG term deposit with Commonwealth Bank. read more
FMA takes action against Kiwibank 10 December 2021 6:32AM The New Zealand Financial Markets Authority has filed High Court civil proceedings against Kiwibank for making false and/or misleading representations to customers over transaction fees. read more
Briefs: 86 400 licence revoked, BNZ limits services for unvaxxed 09 December 2021 5:54AM APRA has revoked 86 400’s banking licence following NAB’s acquisition of the neobank in May and the subsequent transfer of 86 400’s assets and liabilities. read more