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Non-conforming lender RedZed has raised A$150 million of funds through an issue of residential mortgage-backed securities, which were priced yesterday. read more

Early in 2010, a few months before consumer credit providers were required to apply for registration under the National Consumer Credit Protection Act, Philip Johns did a headcount. Johns is the chief.. read more

Non-conforming lender RedZed has launched an issue of residential mortgage-backed securities, seeking A$150 million of funding. read more

Qantas Credit Union has upgraded its home loan rewards in a bid to capitalise on the positive response to the package. read more

ING Direct has moved its entire banking system to a private cloud service, claiming to be the first Australian bank to do so. read more

Westpac is achieving its goal of growing market share in lending markets in a sustainable way, chief executive Gail Kelly said yesterday. read more

A portfolio of business acquired from Lloyds Banking Group Australia last October has contributed A$20 million of cash earnings to Westpac's bottom line in the March half-year. read more

By focusing on highly specialised market segments, Macquarie Group has avoided much of the margin pressure and lack of demand that have dogged the business banking divisions of the big banks.  read more

Fitch Ratings has weighed into the debate about the Australian Prudential Regulation Authority's proposed changes to the regulation of the securitisation market, saying a key part of the proposals wou.. read more

Macquarie Group chairman Kevin McCann, who had previously announced his intention to retire, will stand for re-election at the group's annual general meeting in July. read more