ASIC probe on ANZ 'negative' for credit profile 11 March 2016 4:34PM Moody's Investors Service is taking a severe view of the potential financial ramifications to ANZ of its alleged conduct malfeasance in the short-term money market. read more
Old Gold folds into First Option 11 March 2016 4:33PM Old Gold, Australia's smallest credit union, has merged with First Option Credit Union, bringing the number of mutuals ADIs in Australia to 89. read more
Appeal court dismisses compo claim by ABN pair 10 March 2016 5:46PM Two former executives of ABN Amro Australia failed to establish claims they were owed multi million dollar ex gratia payments at the the time Royal Bank of Scotland bought the ABN group in 2008. read more
IPO desperadoes wear whopping rates 10 March 2016 4:28PM A business lender is carving out a niche supplying working capital loans with interest rates as high as 150 per cent. read more
Paymark seeks quick sale 08 March 2016 5:20PM A longlist of hopefuls is forming for the forthcoming sale of the Paymark eftpos business in New Zealand, with indicative bids due at the end of this month. The vendors aim to pick a buyer by May. read more
Indue considers 'extreme' capital options 08 March 2016 5:19PM Indue, a niche payments and settlement provider with origins among credit unions, has confirmed it is studying options to raise capital outside the sector, with even an initial public offering and Aus.. read more
ANZ gets its day in court on Australian money market manipulation 07 March 2016 5:13PM The Australian Securities and Investments Commission on Friday escalated its wrangle with ANZ over the bank's alleged malfeasance in the short term money market, with the regulator initiating a case i.. read more
Loss-making TSN undeterred in Indian ATM market 04 March 2016 4:36PM An ASX-listed and Indian focused ATM company is keeping the identity of a valuable new customer a mystery. read more
Home loan arrears rise 04 March 2016 4:34PM A seasonal pick up in missed home loan payments lifted home loans arrears - in loans on prime, mortgage backed securities - to 0.98 per cent at December 2015, Standard & Poor's said. read more
Global banks still short on capital 03 March 2016 5:38PM More than 100 large, internationally active banks still report shortfalls on target capital levels, a report by the Basel Committee on Banking Supervision shows. read more