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It's a rum business being an airline banker, and even crummier for two banks - NAB and Westpac - well and truly entwined with the collapse into administration last night of Virgin Australia. read more

Xinja Bank's Stash savings accounts "are reopening in a few months", if the stars align for Australia's most controversial bank. read more

The ASX is on the verge of acting in breach of its duty to act reasonably and in good faith, counsel for iSignthis told the Federal Court yesterday in a dispute over the company's long-running suspens.. read more

In a bombshell decision that's dismayed the Australian fintech sector, APRA yesterday declared that it will "temporarily suspend the issuance of new APRA licences." read more

Bank dividends will be a rare bird this profit season, drawing ire from the banking regulator, and may be paid - at a "materially reduced level" - only if banks offset them with capital raisings, APRA.. read more

Neobank 86 400 have banked $34 million in new capital, while deposit growth is flying. read more

Danny Pavisic, formerly the deputy, has been promoted to CEO of Unity Bank. read more

Judo Bank will receive $500 million in funding from the AOFM, drawing on two different funds established to support business lending. read more

Abundant deposit inflows to Commonwealth Bank and to a lesser extent other major banks are a sign of a dash for safety by households and business, though maybe not to the detriment of smaller banks. read more

Low on capital and low on credibility, APRA and ASIC and the RBA might finally sort out Xinja, a bank so recklessly doing a job on themselves. read more