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The ABC has laid its hands on transcripts of lengthy examinations by ASIC of the top executives of short-term credit provider Cigno. read more

What took them so long?  Westpac’s RAMS brand has ceased taking applications for new home finance. read more

Net promoter scores have tumbled across the banking sector over the last year. The Roy Morgan findings are grim in the case of Westpac. read more

Service standards and turnaround times on home loan applications have blown out, badly, at People First Bank, at least for applications lodged via mortgage brokers.  read more

Nicola Willis, New Zealand’s finance minister is duty bound – surely – to test the market for any interest in an outright takeover of Kiwibank, alongside all other schemes to conjure up capital in ord.. read more

Banks and banking products dominate complaint flows to the Australian Financial Complaints Authority. read more

Commonwealth Bank’s sale of its 99 per cent holding in PT Bank Commonwealth in Indonesia has resulted in a total non-cash loss of $298 million. read more

The ACCC has issued a draft determination proposing to grant authorisation with conditions to the Australian Banking Association, its member banks, and other industry participants to facilitate busine.. read more

Moody's Ratings has downgraded the long-term issuer ratings of Suncorp Group Limited to A3 from A2, following the sale of its banking subsidiary to ANZ yesterday. The rating outlook is stable. read more

Fintechs are making headway in the foreign exchange market, largely at the expense of banks, ACCC research has found. read more