Capital Raisings

Reserve Bank assistant governor Luci Ellis is leaving the RBA to take up the job of Westpac chief economist. read more

• Banking Day staff

Bank of Sydney has appointed former MyState chief executive Melos Sulicich as its new CEO. read more

• John Kavanagh

Buy now pay later company Payright has launched its second capital raising in four months, after a “deteriorating arrears position” forced it to recalculate its working capital needs for the year ahea.. read more

• George Lekakis

Alex Corporation Limited has expanded its paid up capital base by around A$17 million since the end of June last year, according to the company’s most recent filings to ASIC. read more

• George Lekakis

Rising interest rates have triggered a wave of capital raisings among non-banks in the last month as niche lenders brace for escalations in funding pressure. read more

• George Lekakis

ASX-Listed Splitit Payments is the latest instalment payments provider to join the rush for fresh capital. read more

ANZ has completed a A$3.5 billion equity capital raising, which it will use to acquire Suncorp’s banking business. read more

• John Kavanagh

Receivables management company Credit Clear has raised A$7.5 million via a share placement, the second time this year it has raised capital to fund its ambitious expansion plans. read more

• John Kavanagh

Australian Unity, which launched the first issue of mutual capital instruments last December, has launched a “tap issue” under the program. read more

• John Kavanagh

Following the winding-up of the Reserve Bank’s term funding facility at the end of June, the big banks have become active in the capital markets again. read more

• Bernard Kellerman

Ambitious line of credit provider Tradeplus24 has banked $25 million from a "pre-series B" equity raise with promise of a further $200 million in debt. read more

• John Kavanagh

Bank of Queensland has completed the final stage of a A$1.3 billion equity raising to fund its acquisition of ME Bank, announcing yesterday that the retail component of the entitlement offer closed af.. read more

• Ian Rogers

Soon to launch in Australia, financial wellness fintech Douugh, will list, or relist on the ASX, via the shell of ZipTel. Regional Australia Bank, breaking strategic ground, remains in the game as ban.. read more

• John Kavanagh

Financial services companies accounted for 20 per cent of capital raised by ASX-listed companies as COVID-19 took hold of the local economy. read more

• John Kavanagh

Buy now pay later company Sezzle has completed an institutional placement launched last week, raising A$79.1 million of equity capital. read more

• Bernard Kellerman

Out of the spotlight that's been focused on the Big Four banks, Macquarie Bank has been actively seeking new funds along the capital structure, tapping instos and retail investors. read more

• Ian Rogers

A fully underwritten $60 million capital raising by AFG will be used to underpin its own-brand mortgage business, investment in mezzanine funding, IT upgrades or even “market opportunities that AFG mi.. read more

• Ian Rogers

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

• George Lekakis

Bendigo and Adelaide Bank appears set to proceed with its retail capital raising even though the company's offer price was set on Monday at a 11 per cent premium to the market value of the scrip. read more

• George Lekakis

Bendigo and Adelaide Bank is facing the prospect of having to abandon a $50 million capital raising through a share purchase plan following a sharp slide in the company's stock price this week. read more