Banking

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Credit fund manager Metrics Credit Partners has withdrawn an entitlement offer, citing “extreme market volatilityâ...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Another Capital Raising Withdrawn

Credit fund manager Neuberger Berman has withdrawn a capital raising offer for its ASX-listed NB Global Corporate Income...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

CML To Merge With Scottish Pacific

Receivables finance company CML Group has rejected a takeover offer from Consolidated Operations Group, which was previo... Read more

Pioneer Sweats On Carlyle Deal

The board of embattled debt buyer Pioneer Credit expects that the takeover of the company by private equity investor Car... Read more

Equity Gearing Making A Comeback

After a decade of decline, prospects for margin lending and other investment gearing products may be looking up. Read more

Mortgage Rush Tests BNK

Perth's BNK Banking Corp may have big - or bad - news for its shareholders this week; a capital raising probable. Read more

Briefs: ASIC Shapes For 2020 Blitz, Bendigo Seeks Capital

The second half of the year will “be a period of heavy activity” for ASIC. Read more

ACCC Has Issues With AFG Connective Merger

The Australian Competition and Consumer Commission has concerns about AFG’s plan to acquire Connective Group. Read more

Rental Portal Eyes Payments Opportunity

Rental property website operator Rent.com.au has partnered with payment service provider Novatti to develop a rental pay... Read more