Capital Drying Up For Fintechs
Australian fintechs are finding it harder to get access to capital, with the economic slowdown and global uncertainties ... Read more
ANZ Takes Less For OnePath
ANZ has dropped the sale price of its OnePath Pensions and Investments business and aligned dealer group, which is being... Read more
IMF Bentham Goes Global
Litigation funder IMF Bentham is moving into the European and Asian markets, with the acquisition of Omni Bridgeway Hold... Read more
Briefs: NAB, ANZ, CBA PERLS And Latitude
Itâs a tad early for exit interviews, yet reflective CEOs of NAB and ANZ spoke with this feel to a degree in featur... Read more
Briefs: Matthews Steps Down From AFG, Big Banks Called On To Reduce Fossil Fuel Exposures, ASB Sells Off Aegis
Kevin Matthews, a co-founder of Australian Finance Group will retire from the board after more than 25 years with the bu... Read more
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