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Community CPS Australia and Alliance One Credit Union say they are in merger discussions.  The merger would be one of the larger credit union mergers in some time and the first for CPS in four.. read more

A projected rise in loan losses for Australian banks this year "should be modest and manageable", Fitch Ratings says in an overview of the industry. read more

US payment processor Wright Express takes a write-down on its pre-paid card business in Australia. read more

Lloyds Banking Group puts most of its troubled loans in Australia behind it. read more

Refinancing of syndicated loans is likely to fall away in 2013 and 2014 after a bumper year in 2012, perhaps frustrating the quest by banks to maintain on-balance sheet lending levels at a time of su.. read more

bankmecu has sold down some of its holding in MyState Financial. read more

There is not much prospect of Standard & Poor's lifting the credit ratings of Australian banks, the ratings agency says in a commentary published yesterday. read more

Short-term lender Cash Store Australia traded at a loss once again during the December 2012 quarter. read more

Legal disputes over the purchase by Columbus Capital of the Origin wholesale mortgage distribution business from ANZ are warming up, with possible consequences for a planned sale of mortgage-backed.. read more

Disputes over the ability of ANZ to transfer home-loan servicing contracts to Columbus Capital do not appear to be an impediment to a planned sale of mortgage-backed bonds by Columbus. read more