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Citi has bowed to the demands of its high net worth customers for face to face contact and opened a “wealth hub” in the Sydney CBD. read more

The Council of Financial Regulators has turned its attention to lending standards, as it seeks to ensure that the current growth in equity and residential property prices does not turn into a speculat.. read more

Credit bureau Equifax has bolstered the commercial credit side of its business with the acquisition of Creditworks, which describes itself as a global provider of search and reporting products on busi.. read more

Argentina, Belize, Ecuador, Lebanon, Suriname and Zambia defaulted on their bond payments in 2020, making it a record year for sovereign bond defaults. read more

CUA is making a significant investment in its business, as it seeks to regain momentum in the ultra-competitive home loan market. read more

US insurer Genworth Financial has cut its ties with Genworth Mortgage Insurance Australia, selling its 53 per cent stake. read more

Australian Finance Group marked a significant shift in its business during the December half, when for the first time the majority of its earnings were generated from parts of its business other than.. read more

Zip Co put a lot of its effort in the December half into improving the acceptance of its buy now pay later services at the point of sale and online. read more

The latest piece of Hayne reform legislation was passed in the Senate yesterday, introducing changes to ongoing fee arrangements, an obligation to disclose a lack of independence and restrictions on d.. read more

Consumers’ reluctance to take on new personal debt during the pandemic has put a dent in the growth ambitions of recently-listed consumer lender Harmoney. read more