171

Smartgroup Corp will deepen its reach into the leasing segment with the acquisition of Autopia, a novated leasing specialist. read more

Marketplace lender DirectMoney is soaking up equity and debt capital to accelerate growth, with at least three banks now providing wholesale funding. read more

One theory prominent in banking circles in the lead up to Australia's inconclusive election was that a returned Liberal National coalition may find itself obliged to yield to calls for a banking royal.. read more

The International Monetary Fund holds "profitability concerns" for Germany's banking sector, Michaela Erbenova, head of financial supervision, told IMF Survey Magazine. read more

Australia's banking sector may duck, for now, a threatened royal commission if betting markets, and, to a lesser extent, opinion polls, are any pointer to the outcome in tomorrow's election. read more

Borrowers and lenders continue to collaborate on fiddles to the classification of housing loans to assist selected customers enjoy lower interest rates. read more

ASIC has revoked conditions imposed on the Australian financial services (AFS) licence of Macquarie Bank following the "conclusion of works" undertaken by KPMG as external expert. read more

One resale in five for residential units was made at a loss in regional centres over the March 2016 quarter, providing a guide to the probable scope of negative equity as a problem for Australian lend.. read more

National Australia Bank has put the mortgage book of its UBank brand at "nearly A$4 billion", equal to less than two per cent of NAB's overall level of home lending in Australia. read more

Financial services exports may be one bright spot for the sector, with the value of these services 28 per cent higher over the year to June 2015 compared with a year earlier. read more