Hirst CEO on the cards 03 July 2018 4:36PM Former Bendigo Bank chief executive Mike Hirst has declined to rule out accepting a senior executive role at another company, but says he is more inclined to see his future as a non-executive director.. read more
APRA tightens oversight of related entities 03 July 2018 4:27PM Banks and other deposit takers are facing tighter capital rules and wider reporting obligations under APRA's proposed reforms of its related entity monitoring regime. read more
Fund manager boosts stake in Mortgage Choice 03 July 2018 4:22PM An institutional investor has re-entered the market as a buyer of Mortgage Choice shares, despite threats that the company faces legal action from stressed franchisees. read more
Cuscal unveils the "first real alternative" to the big banks 28 June 2018 4:59PM Cuscal yesterday confirmed that it has sought regulatory approval to launch a new standalone digital bank that will trade under the brand of "86 400". read more
RBA set to lose mortgage rate battle 27 June 2018 5:07PM The Reserve Bank's high hopes of containing mortgage interest rates until sometime next year look to be crumbling from the sustained advance of wholesale funding costs. read more
S&P: AMP Bank would be shielded from parent downgrade 27 June 2018 5:03PM Standard & Poor's has raised AMP Bank's stand-alone credit profile despite keeping the ratings of its parent AMP Ltd on negative credit watch. read more
Comyn flags attack on costs, more asset sales 26 June 2018 5:02PM Commonwealth Bank is set to embark on a deep cost-cutting program likely to include branch closures, the axing of hundreds of middle managers and the sale of more international businesses. read more
CBA ditches Murray's business model 26 June 2018 5:01PM David Murray's strategic vision of vertical integration in financial services has officially withered at Commonwealth Bank, with new chief executive Matt Comyn unveiling a blueprint to divorce the wea.. read more
Angrisano consolidates FSU power base 26 June 2018 4:58PM FSU national secretary Julia Angrisano has consolidated her power base within the union after beating off a challenge for her position from Victorian-based NAB employee, Nick Perna. read more
Payments start-up Verrency in services deal with volt bank 21 June 2018 5:00PM Australian payments innovation provider Verrency has signed a multi-year deal with volt bank, Australia's first independent 100 per cent digital bank. read more