Global Instos Spurn Aussie Bank Shares
Only 9 per cent of global fund managers retain exposure to the local banking sector. Read more
YBR Sells Brightday
Yellow Brick Road is continuing to rationalise its activities, with the sale of Brightday, a direct-to-consumer online w... Read more
Regulators Suspend Trading In ISignthis
The banking aspirations of listed payments provider iSignthis Ltd are up in the air after regulators on Wednesday announ... Read more
CBA Completes Count Financial Sale
Commonwealth Bank has completed the sale of advisory business Count Financial to CountPlus, marking a milestone in the b... Read more
Axsesstoday Sale Completed
Unsecured creditors of Axsesstoday will receive around 34 cents in the dollar. Read more
Corporate Loan Market Yields To Non-bank Funders
Record low deposit rates and falling bond yields, along with reduced risk appetite for lending to the commercial propert... Read more
Fair Go Finance Changes Hands
International fund manager Skybound Capital has paid $20 million to take a 60 per cent stake in local fintech Fair Go Fi... Read more
Itâs Now Or Never For Silver Chef Recapitalisation
With only days remaining before its lenders put Silver Chef into administration, the finance companyâs directors ha... Read more
ANZ To Maintain Corporate Business In PNG
ANZ has sold its retail, small business and commercial banking businesses in Papua New Guinea to Kina Bank, a subsidiary... Read more
Thorn Says No To Consolidated Offer - For Now
Consumer finance company Thorn Group has knocked back an offer for its business finance division but says it is open to ... Read more
P&N Ready For Consolidation
P&N Bank will realise A$5 million savings from bcu once the two mutual ADIs merger in November. Read more
Silver Chef Back To The Chopping Board
A second attempt by private equity group Next Capital to acquire Silver Chef, or its assets, has failed and the struggli... Read more
Briefs: MoneyMeâs IPO , RBA Ok Going Low
MoneyMe Financial Group is previewing an IPO with fund managers. Read more
CML Group Buys Classic Funding
Receivables finance company CML Group will increase its invoice discounting business five-fold with the acquisition of C... Read more
Australian Unity Keeps Its Fund Raising Simple
Financial services group Australian Unity has tapped the little-used simple bond market, launching two new series bonds ... Read more