ASX

• Banking Day staff

After delisting from the Australian Securities Exchange in December, buy now pay later company Splitit has established a share trading facility with PrimaryMarkets, a platform for trading private secu.. read more

• John Kavanagh

Splitit is the latest in a long line of small financial services companies leaving a securities exchange that no longer provides them with access to the funding support they are looking for. read more

• Banking Day staff

Senior Bank of England officer Andrew Hauser will join the Reserve Bank as its deputy governor. read more

• George Lekakis

A collapse in interest margins at Auswide Bank since the start of July yesterday sent the company’s share price to its lowest level since the outbreak of the pandemic in 2020. read more

• John Kavanaagh

Payments company Novatti is selling its 19.9 per cent shareholding in accounting software company Reckon and will use the proceeds to repay debt, crystallising a significant loss on its investment in.. read more

• Banking Day staff

COG Financial Services has withdrawn its offer to merge with Diverger, a company that provides compliance, technical and consulting services to accountants and financial planners. read more

• John Kavanagh

Buy now pay later company Sezzle is the latest struggling financial institution to delist from the Australian Securities Exchange.  read more

• George Lekakis

Judo Bank chairman Peter Hodgson yesterday launched an extraordinary attack on investors who have driven down the market value of his company’s ASX-listed scrip, saying he was frustrated and disappoin.. read more

• Banking Day staff

Yellow Brick Road shareholders backed a resolution at an extraordinary general meeting yesterday to remove the company from the ASX official list.  read more

• George Lekakis

AMP’s locally listed scrip underperformed most other financial services stocks on Wednesday after the company warned of margin pressure in its banking business. read more

• George Lekakis

Commonwealth Bank is investigating another compliance breach at its online stockbroking arm, Commonwealth Securities. read more

• Banking Day staff

Yellow Brick Road has set the date when shareholders will vote on a proposal to delist the company from the ASX. read more

• John Kavanagh

In the lead-up to its removal from the official list of the Australian Securities Exchange in November, Yellow Brick Road plans to buy back unmarketable parcels and offer a share purchase plan for sha.. read more

• John Kavanagh

Mortgage company Yellow Brick Road went into a trading halt yesterday, flagging an announcement that it will apply to delist from the Australian Securities Exchange. read more

• George Lekakis

Troubled ASX-listed company EML Payments is banking on deep cost reductions and higher interest-related revenue to drive a turnaround in the company’s financial performance in 2024. read more

• George Lekakis

Key shareholders of troubled personal lender Latitude Financial have restructured their holdings in the company, triggering speculation that one or more might be looking to reduce their interest in th.. read more

• George Lekakis

AMP shareholders who sued the company over its failure to disclose to regulators its notorious fee-for-no-service practices have settled the case for A$110 million. read more

• George Lekakis

An Australian fund manager with mandates from a string of leading superannuation funds is continuing to offload its exposure to AMP. read more

• George Lekakis

NAB is set to return more capital to shareholders after announcing a fresh on-market purchase of up to A$1.5 billion worth of its ordinary shares. read more

• George Lekakis

Suncorp’s ASX-listed shares were sold off on Wednesday after the company unveiled one of its best earnings results on record. read more