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The Council of Financial Regulators has commenced a consultation in relation to the central clearing of bond and repos in Australia. read more

Heartland Bank Australia is looking to diversify its lending book. read more

Investment bank Eurus Capital and several of its clients are taking control of neobank International Bank of Australia. read more

Smaller banks will be able to continue to recognise their holdings of the debt of other banks for liquidity purposes, aat least for a time. read more

The CreditorWatch monthly Business Risk Index is the best monitor we know. One that tells it like it is, rounds up telling data on the state that business in Australia is in. read more

Novatti may have found a buyer for International Bank of Australia – and god knows who – or a material sell-down and ideally sell out is in the works.     read more

New clients and early adopters for the gee whiz PayTo product rolling on New Payments Platform rails, there are few so far and sales efforts are striking more resistance than interest. read more

Interchange fees in New Zealand may be slashed hard, if one of the preferred reform options outlined by the Commerce Commission ends up being adopted. read more

American Express will pay a penalty of $8 million following a ruling by the Federal Court that the cancelled application rates for the DJs Amex Cards two years ago were a circumstance that would reaso.. read more

AFCA had found that Commonwealth Bank has no liability to compensate a customer who contended medical costs incurred overseas were the result of the bank mishandling payment instructions. read more