humm directors walk as Abercrombie takes control 23 June 2022 5:53AM humm Group founding director Andrew Abercrombie yesterday implored shareholders to stand by the strife-torn company following the resignation of the five other members of the board. read more
Resimac eyes commercial slice of humm 22 June 2022 6:07AM Non-bank lender, Resimac, was an active buyer of humm shares in recent weeks. read more
CBA must clarify its ‘ownership rights’ over Klarna in Australia and NZ 21 June 2022 5:59AM CBA is almost certain to come under pressure to explain the terms under which it holds “a 50 per cent economic interest” in the Australian and New Zealand operations of the troubled BNPL provider. read more
humm board battle gets really nasty 16 June 2022 6:14AM The bitter public fight for control of the humm buy now pay later business deepened on Wednesday with “ostracized” board director Andrew Abercrombie revealing he was continuing to build his shareholdi.. read more
Westpac rejects FSU’s 6 per cent pay claim 16 June 2022 6:12AM An industrial showdown is looming between Westpac and the Finance Sector Union after the bank rejected a demand for a six per cent pay rise this year. read more
Myer puts several bank contracts out to tender 15 June 2022 5:47AM Online retailer and department store chain, Myer Holdings, is preparing to overhaul its financial services strategy after calling for tenders for its merchant acquiring mandate and flagship credit car.. read more
EML short sellers face squeeze as local insto boosts shareholding 14 June 2022 6:12AM Hedge funds that have taken short positions on struggling ASX-listed payments provider, EML Payments Ltd, could come under pressure this morning after a leading institutional investor revealed that it.. read more
Hedge funds stake positions against Aussie banks 09 June 2022 5:36AM Westpac and most other ASX-listed bank stocks were hammered on Wednesday amid speculation that international hedge funds had taken bets against their earnings prospects as inflation takes a grip on th.. read more
Albanese Govt to bring BNPL under credit laws 09 June 2022 5:34AM The share prices of listed Australian buy now pay later stocks took another pummelling on Wednesday after the new Labor Government confirmed it would bring BNPL products within the purview of consumer.. read more
FSU chases 6 per cent pay rises at Westpac and NAB 08 June 2022 6:24AM The Finance Sector Union yesterday signalled it will pursue the highest pay claims at major banks in more than a decade after lodging an official call for annual pay rises of six per cent at Westpac. read more