Credit fund scores an upgrade

At least one listed credit fund has some good news to share with its investors. S&P Global Ratings has upgraded its rating of Metrics Credit Partners' Diversified Australian Senior Loan Fund from.. read more

EML renegotiates PFS deal

EML Payments has renegotiated the terms of its acquisition of European payments company Prepaid Financial Services, significantly reducing the upfront consideration and revising the targets for the ea.. read more

Research houses in dispute over merger

The planned merger of two investment management research houses has hit the rocks, after Zenith Investment Partners advised Chant West Holdings that there had been a "material adverse change" in the C.. read more

RBA releases TFF operational guide

Large banks and authorised-deposit taking institutions will have immediate access to their funding allocations under the Reserve Bank's new term funding facility but smaller ADIs will have to jump thr.. read more

Banks get a fix on costs

Banks might share branches to cope with staff shortages.And the ACCC may have given the green light for banks to sharpen terms with Australia Post.Another outcome might be agreement on shared servicin.. read more

Challenger defers hybrid call date

Wealth manager Challenger has cancelled plans to launch new a hybrid security issue, which it was to have used to redeem its current issue of Challenger Capital Notes. read more