Mixed RMBS milestone for Liberty 17 July 2017 3:15PM Liberty Financial on Friday concluded the largest mixed pool securitisation of prime and non-conforming mortgages for any Australian name since the GFC.At launch, the size of the transaction was put i.. read more
Warwick CU subordinates novel equity interest 17 July 2017 3:13PM Warwick Credit Union is grinding towards a placement of a rare "mutual equity interest", once its constitution is amended to cater to this capital instrument. read more
Eftpos tap catch up leaves a mark 13 July 2017 4:14PM The appeal of contactless payments may be further displacing cash, if the leap in total spending on credit and charge cards reported by the Reserve Bank of Australia for May 2017 is any guide. read more
CHOICE hunts broker model 12 July 2017 4:05PM A 'fee for advice' model in mortgage broking remains on the wish list of the reformers at consumer group CHOICE, with the government's and ASIC's review of commissions in the sector still up for debat.. read more
Credit reps bother CIO in ombudsman reset 12 July 2017 4:02PM The Credit and Investments Ombudsman is adapting its campaign to derail the "one stop shop" for financial complaints, taking aim at the exclusion of credit representatives under the government's propo.. read more
Wealth shortcuts shame NAB anew 10 July 2017 3:51PM Six hundred days later than a grumpy Coleman committee would prefer, NAB on Friday owned up to its latest compliance cock-up in its wealth division. NAB mislead "at least" 150,000 MLC and other wealth.. read more
SocietyOne a match for mutual ADIs 10 July 2017 3:48PM Marketplace lender SocietyOne yesterday shared key data on its progress across the first half of 2017, and the content and openness is bound to encourage the view that an initial public offering is we.. read more
KKR shadows Latitude with Pepper bid 06 July 2017 2:51PM A merger of Pepper with Latitude, once the consumer finance arm of GE Capital, may inform the interest of private equity firm KKR Credit Advisors and allies in a takeover of Pepper. read more
KKR 'advances' on Pepper 05 July 2017 3:44PM Private equity giant KKR "is in advanced negotiations to buy listed non-bank lender Pepper Group" via KKR's credit team, the Financial Review reports. read more
Capital 'shortfall' near nil for G-SIBS 05 July 2017 3:42PM The average capital ratio of large internationally active banks continued to rise in the first half of 2016, while the capital shortfall continued to fall, according to the Basel Committee on Banking.. read more