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Citibank's head of credit cards, Julian Potter, is to take over as head of the bank's Australian consumer business. read more

Macquarie Group has added to its portfolio of investments in mortgage management and distribution businesses with the purchase of 19.8 per cent of the mortgage manager Homeloans Ltd. read more

Litigation funder IMF is to support a claim by 90 local councils, churches and charities against McGraw-Hill Companies Inc, which owns Standard & Poor's. read more

Mortgage broker Naked Mortgages has changed the structure of its business from a standard commission-based revenue model to a flat-fee service charge, with a rebate of the lender's commission to the.. read more

The Supreme Court f Queensland has appointed Korda Mentha and a related entity, Calibre Capital, as trustees of LM Investment Management's Managed Performance Fund. read more

The number of owner-occupied housing finance commitments picked up in February, after falling for the previous four months. And mortgage aggregator AFG says the big banks have increased their share of.. read more

After achieving solid increases in 2010 and 2011, the big banks' business customer satisfaction ratings have been moving sideways for the past year. read more

The number of cash withdrawals from automatic teller machines fell sharply in February, continuing a trend that has been underway for the past year. read more

Credit card spending and account balances both showed further weakness in February, according to Reserve Bank of Australia figures released on Friday. read more

Pepper Australia will pay 120 basis points over the one-month bank bill swap rate on the top tranche of its latest issue of non-conforming residential mortgage-backed securities. read more