Briefs: New mortgage rate low, BOQ appointments, Smartpay CFO resigns, NZ OCR expectations 22 September 2021 6:40AM Greater Bank has cut its one and two-year fixed mortgage rates for owner occupiers paying principal and interest to 1.59 per cent. read more
Briefs: Westpac slashes savings rate, $200 contactless limit extended, and more 20 September 2021 5:55AM Westpac has cut the rate on its market leading bonus saver account, Life, by a massive 50 basis points to 2.5 per cent. read more
Briefs: Former ASIC boss joins AFG, new Genworth CFO 15 September 2021 6:09AM Former ASIC chair Greg Medcraft has joined the board of Australian Finance Group as a non-executive director. read more
Briefs: Latitude completes hybrid bookbuild, new Wisr director 10 September 2021 7:32AM Latitude Group has completed the bookbuild for its hybrid issue, Latitude Capital Notes, allocating A$150 million in firm commitments to syndicate brokers and institutional investors – up from $125 mi.. read more
Briefs: Westpac completes LMI sale, Suncorp upsizes hybrid issue 02 September 2021 5:29AM Westpac has completed the sale of its lenders mortgage insurance business to Arch Capital Group. read more
Briefs: TSB fined for AML breaches, RBNZ seeks feedback on insurance protection 01 September 2021 6:22AM Locally-owned New Zealand bank TSB Bank Ltd has been fined NZ$3.5 million by the High Court in Wellington for breaches of anti-money laundering legislation. read more
Briefs: Suncorp launches hybrid, Brighten hires lending manager 31 August 2021 6:45AM Suncorp has launched an issue of hybrid securities, Suncorp Capital Notes 4, seeking $350 million of additional tier 1 capital. read more
Briefs: Westpac repatriates jobs, NAB fined over fee disclosures 27 August 2021 5:49AM Westpac reported that it has brought 1075 customer service roles back to Australia since July last year. read more
Briefs: Westpac fined over best interests breaches, ANZ launches cashback rewards 25 August 2021 6:09AM The Federal Court has ordered Westpac subsidiaries, Westpac Securities and BT Funds Management, to pay a combined penalty of A$10.5 million for failing to act in their clients’ best interests. read more
Briefs: ANZ appoints CFO, BNPL consumer awareness soars 12 August 2021 5:56AM ANZ has found a permanent replacement for Michelle Jablko, who resigned from her role as chief financial officer in December and left the bank in March. read more