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Banks continue to be a reliable and efficient way to launder money and facilitate “virtually all serious crime”. read more

Australian non-bank lender Household Capital Pty Ltd has mandated Citi to market a potential AUD-denominated reverse mortgage securitisation deal. read more

ANZ has welcomed the proclamation of the Queensland State Financial Institutions and Metway Merger Amendment Act. This was the final box to be ticked for ANZ’s acquisition of Suncorp Bank to proceed t.. read more

Data wrangling companies have come out in favour of a larger remit for the Consumer Data Right while banking services providers have argued it's cost too much for minimal results. read more

Increasingly diversified money transfer, foreign exchange and credit product provider Revolut has expanded operations into new business areas, territories and product lines in the past year. read more

The Banking Code Compliance Committee has sanctioned ANZ for not stopping or refunding fees for deceased estates, and for not responding to representatives of deceased estates within the required time.. read more

The ANZ PR machine has forceful, via Bluenotes and national media, over the value the bank plans to deliver following the long-expected final approval – from the Treasurer, on Friday – for ANZ’s takeo.. read more

Issuance of securitisation deals backed by car loans is set to evolve further, with investors likely to see more frequent – and larger – transactions on offer.  read more

The message for attendees at the ASF Conference in Sydney is that despite the tightening of financial conditions, securitisation issuance remains resilient. read more

Analysis of the four major banks' annual FY23 profits highlights that earnings, margins and profits – along with costs - were up by record amounts compared to recent years. read more