Deposit mix key to banks managing rate cuts 16 April 2024 4:59AM Latest news John Kavanagh Deposits are 'key differentiators of profitability' and banks’ ability to manage their deposit mix will be important to their earnings when rates start to fall. read more
Branding redo costs WA 'neo-BNK' 10 April 2019 4:16PM Authorised deposit-taking institutions Ian Rogers Yet another restructure is on the horizon for BNK Banking Corp, a minnow striving for acclaim amid the neo-bank limelight. read more
Goldfields BNKrs down brand 27 March 2019 5:17PM Goldfields Money John Kavanagh It's all change at Goldfields Money, which has a new name and an injection of new talent on the board. read more
Goldfields Money proves its Finsure merger 01 March 2019 5:58PM Other ADI Bernard Kellerman Ambitious ASX-listed mutual bank Goldfields Money Limited has pointed to its half-year results for 2018/19 as proof that a merger last year with mortgage aggregator Finsure has already proved a succes.. read more
Briefs: Goldfields merger gets go-ahead, Prospa bends to ASIC 10 September 2018 3:51PM Briefs Banking Day staff Goldfields Money shareholders on Friday voted to approve the merger between leading mortgage aggregator Finsure and the WA regional bank. read more
Goldfields Money in trading halt 31 August 2018 5:13PM Other ADI Bernard Kellerman Goldfields Money Limited asked the ASX for a trading halt on its securities, effective from the start of trading on Thursday 30 August 2018 until Monday 3 September. read more
Goldfields Money brought down by merger scuffle 30 August 2018 4:32PM Other ADI Bernard Kellerman The profitability of Australia's newest bank, Goldfields Money, has been plagued by a takeover battle for control of the company between two established players. read more
Briefs: Goldfields to meet to consider Finsure plan, Robobank steps up with FMD offset solution. 07 August 2018 4:47PM Briefs Banking Day staff Goldfields Money shareholders will meet in Perth on 7 September 2018 to consider the bank's planned amalgamation with mortgage aggregator Finsure. read more
Fintech jostles for control of ADI 06 August 2018 4:03PM M&A Banking Day staff Veteran fintech Firstmac is staking a renewed claim for control of ASX-listed baby bank Goldfields Money, with an offer to inject A$20 million in capital, an offer scorned by the target's board on Fri.. read more
Goldfields dawdles over capital raisings 27 July 2018 4:42PM Other ADI Ian Rogers Goldfields Money, Australia's newest bank, is taking its time in progressing a planned merger with the mortgage aggregator Finsure, pushing back the target date to the end of September. read more
Goldfields merger plan delayed 3 months 19 April 2018 1:29PM Goldfields Money George Lekakis Australia's smallest deposit-taking institution Goldfields Money appears to be crawling towards its transformational merger with unlisted mortgage broking aggregator, Finsure. read more
Goldfields set to issue formal merger documents to shareholders 17 April 2018 5:02PM Other ADI George Lekakis Directors of local takeover target Goldfields Money seem poised to advance the A$97 million planned merger with loan broking aggregator Finsure Finance & Insurance Pty Ltd. read more
Goldfields profit up on Firstmac rebuff 27 February 2018 5:50PM Authorised deposit-taking institutions Bernard Kellerman Goldfields Money has returned to profitability with a statutory profit after tax of A$62,707 and an underlying profit after tax of $362,638 (after accounting for transaction costs incurred in relation.. read more
Goldfields Money moves closer to merger with Finsure 06 February 2018 5:29PM Other ADI Bernard Kellerman The West Australian based ASX-listed Goldfields Money (GMY) issued a trading update yesterday, which doubled as a progress report on its merger with unlisted mortgage aggregator Finsure. read more
APRA might question valuations of Goldfields merger deal 28 November 2017 6:25PM Other ADI George Lekakis Listed deposit taker Goldfields Money should expect the prudential regulator to interrogate the valuations underpinning its bold A$97 million friendly merger deal with Sydney-based mortgage aggregator.. read more
Goldfields reserves 'insufficient' 06 November 2017 4:33PM Other ADI Banking Day staff The net cash reserves of Goldfields Money "will not be sufficient" to finance growth plans, such as its rebranding and investment in digital capabilities, the board of the bank revealed on Friday. read more
Briefs: Goldfields remittance push, Stargroup stumps up 12 April 2017 3:12PM Briefs Banking Day staff Goldfields Money plans to push into the remittance sector, reaching an understanding with Singapore headquartered InstaRem. read more
Goldfields flies brand kite 22 March 2017 4:51PM Other ADI Ian Rogers WA-based ADI Goldfields Money is to change its name for the second time in six years. read more
Briefs: Goldfields share placement, ANZ Vietnam sales, Liberty upsizes 20 March 2017 4:56PM Briefs Banking Day staff Goldfields Money has a share placement to professional and sophisticated investors" underway. read more
CEO payout tips Goldfields Money into the red 22 August 2016 4:23PM Goldfields Money John Kavanagh The cost of a management restructure has sent Goldfields Money into the red. After incurring A$357,395 in restructuring costs, the authorised deposit-taking institution made a loss of $95,187 for th.. read more