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Self-labelled "boutique ASX listed property finance and advisory firm" Coneco Financial yesterday announced the board of directors has decided to cease operations under the current structure, effectiv.. read more

The Anti-Money Laundering and Counter-Terrorism Financing Act passed on December 12 2007 no longer requires financial institutions to keep an account holder's signature on file. read more

Mortgage brokers still originate around a quarter of all residential lending for Heritage Building Society, and the leading institution in its sector says it has no plans to sever these ties as so man.. read more

May mortgage sales at Australian Finance Group have slumped in comparison to previous years - traditionally a high point in the buying cycle before winter. read more

Suncorp increased the size of the sale of convertible preference shares by five per cent yesterday to $735 million, while Macquarie priced its own $600 million similar preference share sale at 30 poin.. read more

Bank of Queensland is the latest bank to raise capital, in BOQ's case in the form of subordinated debt. read more

Success in the United States is paramount to the success of point of sale financer ThinkSmart, as European trading has been affected by the strength of the euro versus the US dollar, with Spanish oper.. read more

Some sort of restructuring rather than a sale of Wizard Home Loans appears to be on the horizon, though the intentions of the firm's owner, GE Money, and the chair of its board, Mark Bouris, still are.. read more

Citibank is targeting retail customers who make impulsive purchase decisions through offering a personal loan that can be approved in minutes, with funds disbursed in 48 hours, to borrowers with no pr.. read more

National Australia Bank customer satisfaction has declined in the last year, the only major to do so, ranking the bank last out of ten Australian banks reviewed in the latest Roy Morgan Research custo.. read more