101

The credit union and mutual bank love affair with SocietyOne and other marketplace lenders has drawn a stern caution from APRA.S&P, on the other hand, find virtue in diversifying risk in the secto.. read more

The Financial Review has the story on an alleged "girls' club" obstructing the careers of younger women in finance this morning, and it's a corker. Graeme Samuel, the former ACCC boss and himself a le.. read more

Open banking enthusiasts can expect most and maybe all four major banks to be lined up for the first major milestone around consumer data rights in the middle of this year. read more

The SMSF leverage data is worrying, worse than when David Murray reported.The policy decision - LRBA stays within SMSFs - is one motivated by the worry over the credit slowdown. Josh Frydenberg is the.. read more

Investor tolerance for nifty, "loss-absorbing" debt instruments will be tested by APRA's final conclusions on reforming capital measures for Australian banks. read more

A fast pace of growth in deposits and "record member growth" over the December half suggests that the busy investment in "digital" is making its mark at CUA - Australia's largest credit union. read more

There could be no more material change in the strategic direction of an enterprise than AMP selling AMP Life - so an EGM and a shareholder vote are imperative to greenlight or rethink the $3.3 billion.. read more

Trail commissions are doomed and upfront commissions are also a lost cause.For now, the mortgage broking sector in revelling in the government's announcement yesterday afternoon that is "has decided t.. read more

Summerland and Coastline credit unions called off a NSW merger. A second, bigger local bank merger is underway. read more

A credit union in difficulty is counting on the votes of four more ADIs to save its skin. read more