Banking

ANZ’s $20bn Oil And Gas Headache

Skittish investors appear to have turned a spotlight on the credit risks linked to ANZ Bank’s comparatively heavy e... Read more

Fat Premium For New Bendigo Shares

Bendigo and Adelaide Bank appears set to proceed with its retail capital raising even though the company’s offer pr... Read more

Fintechs Seek To Calm Market On Funding

Among the financial services companies updating the market on their financial positions yesterday were loss-making finte... Read more

Bendigo May Have To Bin Capital Raising

Bendigo and Adelaide Bank is facing the prospect of having to abandon a $50 million capital raising through a share purc... Read more

Another Credit Manager Pulls Capital Raising

Credit fund manager Metrics Credit Partners has withdrawn an entitlement offer, citing “extreme market volatilityâ... Read more

L&G Backs Reverse Mortgage Minnow

UK financial services group Legal & General has acquired a 20 per cent stake in local reverse mortgage start-up Hous... Read more

Banks Cop Earnings Downgrades

Banks will sacrifice revenue to rebuild their reputations, with a bad debt wave ahead. Read more

Takeovers Panel To Adjudicate CML Tussle

The takeover battle for finance company CML Group has ended up before the Takeovers Panel, which is being asked to rule ... Read more

CML’s Major Shareholder Backs Scottish Pacific

The board of finance company CML Group has confirmed its unanimous support for Scottish Pacific’s proposed scheme o... Read more

COG Not Giving Up The Fight For CML

Consolidated Operations Group continues to push its plan to merge with finance company CML Group, despite CML’s sup... Read more

Another Capital Raising Withdrawn

Credit fund manager Neuberger Berman has withdrawn a capital raising offer for its ASX-listed NB Global Corporate Income... Read more