AFG and Volt amp it up with a strategic alliance 03 June 2021 5:29AM Volt, the smallest bank in Australia has landed a strategic alliance (and a capital top-up) from AFG. This landmark deal is a pointer to the 'quite incredible demand' for banking as a service, on whic.. read more
Summerland raises defences 01 June 2021 6:25AM Summerland Credit Union, from Lismore, NSW, is setting out to thwart overtures to acquire the ADI and demutualise the credit union. read more
CUA takes the medicine 27 May 2021 5:32AM CUA will release a significant amount of capital with the sale of its health insurance business to Perth-based HBF. read more
NAB and UBank seek high ground with 86 400 21 May 2021 6:08AM UBank will be the continuing brand for the amalgamated 86 400 and UBank digital banking business of NAB. read more
Up skips along 20 May 2021 3:59AM The Up Banking brand continues to shine for Bendigo and Adelaide Bank. read more
Banks charged with cartel conduct can access JP Morgan’s legal docs 17 May 2021 4:25AM ANZ and other defendants charged with cartel conduct alleged to have arisen out of an institutional share placement undertaken by the bank in 2015 will be allowed limited access to legal documents cre.. read more
Trade winds blow CommBank clear 13 May 2021 7:17AM The bounce-back of the Australian economy from the pandemic is playing to Commonwealth Bank’s strengths, while its program of divestments of non-banking businesses leaves the bank flush with capital. read more
FMI crisis powers and credit line for RBA 12 May 2021 7:18AM More robust powers will be enacted to allow financial regulators “to pre-emptively identify and manage risks, or intervene in a failure crisis” affecting Financial Market Infrastructures. read more
Banks given 35 days to report to APRA 12 May 2021 7:16AM APRA will require ADIs to submit required quarterly reporting forms within 35 calendar days after the reporting period, the banking regulator foreshadowed yesterday in response to a consultation on pr.. read more
The People’s Choice? Green Banking all round 11 May 2021 6:08AM People’s Choice Bank, or near enough. read more