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Why would Nuno Matos accept the job of chief executive of ANZ to begin with?  read more

There will be no IPO of Kiwibank, probably, before 2028. In the meantime New Zealand’s government yesterday said it mandated Kiwibank to New Zealand professional investor groups about a potential inve.. read more

AT1 or hybrid capital will be removed from the bank prudential framework, APRA confirmed yesterday. read more

Banks are paying out very little in compensation to victims of scams and frauds, with $48 million paid to customers in 2023/24. read more

A representative action against NAB subsidiary NULIS Nominees (Australia) Limited in its capacity as trustee of the MLC Super Fund (No 4) has been dismissed by the Federal Court of Australia. read more

Resimac Group yesterday said it will be appointing Pete Lirantzis as CEO, effective in the first half of 2025.   read more

Interchange will be in the spotlight in the Reserve Bank of Australia’s upcoming review of payments fees and payments regulation. read more

Australian Finance Group yesterday announced that it will seek to acquire non-controlling equity stakes across its network of mortgage broking businesses.  read more

Investors will be asking the board and management of Axiom Properties why it failed to disclose its heavy loss in the Supreme Court of NSW three weeks ago, in a case in which the fintech founder Luke.. read more

Kiwibank has been fined NZ$1.5 million after pleading guilty to systemic and long-running breaches of the Fair Trading Act that led to 35,000 customers being overcharged a total amount of NZ$6.8 milli.. read more