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ANZ Bank New Zealand Limited has agreed to sell OnePath Life NZ Limited for NZ$700 million to Cigna Corporation, a specialist insurance business. ANZ New Zealand's Investment Management business is no.. read more

The banking royal commission, now passing day 24 of hearings, yesterday brought out more customer case studies and more back-pedalling by senior business bankers. read more

The focus of day three of the third segment of the Hayne royal commission was on lending to people who buy a franchise, the role of guarantors, external income and security for loans - and how the ban.. read more

The Queensland regional banks with specialist lending sections will be tested today in the Hayne banking royal commission starting with a case study from Suzanne Riches, an Adelaide school teacher. read more

Lending Express, a fintech claiming bragging rights as "the only AI-powered marketplace for business loans", today announced the securing of an US$2.7 million investment round, led by Entrée Capital,.. read more

One message emerging from the Actuaries Institute Financial Services forum is that the financial services industry as a whole needs to take fairness into consideration, not just remain within the law. read more

ANZ Group has reached an agreement to sell its 55 per cent stake in Cambodian JV ANZ Royal Bank to J Trust, a Japanese diversified financial holding company. read more

Deloitte's fourth annual Privacy Index, an assessment of the privacy practices of the top 100 brands in Australia, reveals that consumers gravitate towards brands that are transparent about what they.. read more

Independent local ratings agency, Australia Ratings has lowered the ratings it assigned to the AMP Subordinated Notes 2 and the AMP Capital Notes by two notches. read more

Thorn Australia's Radio Rentals has been found guilty of contravening its responsible lending obligations by the Federal Court of Australia and was ordered to pay penalties and ASIC's court costs. read more