GE consumer finance seeks new owners 24 May 2013 4:19PM General Electric is considering spinning off its consumer finance business in an IPO, a decision that may have ramifications for its Australian offshoot. read more
Three vie for sub-prime car lender 23 May 2013 3:58PM The finance company behind sub-prime car lender Motor Finance Wizard remains in the red for the third year running, disclosure documents relating to the forced sale of the business show. read more
NAB fulfils business bank's cost targets 22 May 2013 4:54PM National Australia Bank is to relocate hundreds of support staff working alongside business bankers to seven sites in five mainland capital cities, but no job losses are planned. read more
Finance firms survive best 22 May 2013 4:47PM New businesses operating in or on the fringes of financial services appear to have been more resilient than the average business during the era of the GFC. read more
Macquarie hybrid hits price target 21 May 2013 4:18PM Macquarie Group is to sell A$600 million in capital notes, the bank said yesterday. This is sufficient to retire the convertible preference shares that the new hybrids will replace. read more
Keybridge will leave PR Finance team in place 20 May 2013 5:07PM Keybridge Capital, an activist debt investor is to press on with its bid to take control of sub-prime lender PR Finance Group. read more
Australia a priority for HSBC 17 May 2013 4:52PM Australia is one of the 15 "priority markets" for HSBC, says the UK-based banking group. read more
A$50bn funding task for AOFM in 2014 financial year 16 May 2013 4:41PM The Australian Office of Financial Management says it expects to issue around A$50 billion in treasury bonds during the 2014 financial year. read more
Mobile a priority for financial services 16 May 2013 4:38PM Improvement in mobile technology is the top investment priority for financial services organisations, research released by Telstra suggests. read more
Motorcharge optimistic after soft start to 2013 16 May 2013 4:34PM Business conditions for US payment processor Wright Express are softening after a period of growth. CEO Mike Dubyak told an investor conference that the Australian market had been quite strong but w.. read more