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Citigroup will refund over A$3 million to 114 retail customers for losses arising out of structured product investments it offered. read more

A minor flurry of issuance of mortgage-backed bonds by non-bank lenders may rebut suggestions debt investors have had their fill of this asset class. read more

High speed rail fans, above all those with means to become co-owners from the beginning, turn out to need convincing that their pet project - dubbed a "necessity" - has a business case that stacks up,.. read more

Business caution and other demand factors may be playing out in favour of the ever-growing non-bank sector, Scottish Pacific's SME Growth Index for March 2019 suggests. read more

The AOFM yesterday rang for the bell for small bank, non-banks and fintechs to drum up new lending that may qualify for funding at subsidised interest rates. read more

Bridges Financial Services Group, will take over Bendigo Financial Planning's client book and servicing rights. read more

Former REA Group executive general manager of media, content and markets, Elizabeth Minogue, will oversee FlexiGroup's sales growth. read more

The Reserve Bank of New Zealand has announced the replacement for departed chief economist John McDermott. read more

AMP Limited has appointed Debra Hazelton to its board as a non-executive director effective 15 June 2019. read more

NAB's Bank of New Zealand may have a buyer lined up for its NZ life insurance business, or so The Australian reports. read more