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The board of finance company CML Group has confirmed its unanimous support for Scottish Pacific's proposed scheme or arrangement, in the face of Consolidated Operations Group's bid to keep its own sch.. read more

Bank of Queensland's new business strategy, outlined in an investor briefing last week, has had a lukewarm response. The view of one leading analyst is that bank faces significant execution risk and w.. read more

Consolidated Operations Group continues to push its plan to merge with finance company CML Group, despite CML's support for rival suitor Scottish Pacific. read more

Businesses that plan to be accredited entities under the Consumer Data Right regime will be expected to develop a CDR management plan and establish good data and information governance. read more

Credit fund manager Neuberger Berman has withdrawn a capital raising offer for its ASX-listed NB Global Corporate Income Trust, citing extreme market volatility. read more

BNK Banking Corp has withdrawn a planned non-renounceable rights issue in the face of market volatility. read more

Receivables finance company CML Group has rejected a takeover offer from Consolidated Operations Group, which was previously its preferred suitor, in favour of a higher offer from Scottish Pacific. read more

The Australian Banking Association's updated Banking Code of Practice took effect on Sunday, March 1, introducing a number of changes recommended by the Hayne royal commission. read more

Consumers have responded to the market leading rates on offer from the neobank sector, directing their savings to Judo Bank, 86 400, Xinja and others. read more

The board of embattled debt buyer Pioneer Credit expects that the takeover of the company by private equity investor Carlyle Group will be completed by May. read more