ASIC targets Bendigo and BoQ over fairness

Bendigo Bank and Bank of Queensland are facing potentially hefty fines and remediation bills after ASIC launched civil actions in the Federal Court against each lender over the inclusion of unfair ter.. read more

APRA builds 'tougher' mindset

The regulator says it will be "constructively tough" with financial institutions as it sets out to tackle issues of governance, culture and accountability. read more

Macquarie raises capital for investment

Macquarie Group - looking for A$1 billion of new equity for investment - has launched a non-underwritten institutional placement, in addition to an associated share purchase plan. read more

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