Banking

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: MoneyMe’s 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

Zip Buys Local Spotcap Operation

Retail finance provider Zip Co is moving into the small business lending market, with the acquisition of the Australian ... Read more

Silver Chef Rescue Sours

Silver Chef’s takeover deal with Next Capital has fallen through, casting a cloud over the future of the struggling... Read more

Macquarie Raises Capital For Investment

Macquarie Group - looking for A$1 billion of new equity for investment - has launched a non-underwritten institutional p... Read more

CBA Pushes Workaround To Lock In CommInsure Sale

CBA intends to follow an alternative path for divestment of its Australian life insurance business, CommInsure Life, to ... Read more

BS Banking Annual 2017: Bringing About A Transformation In Banking

Digital payments, blockchain, artificial intelligence and robotics will revolutionise the way banks function and engage ... Read more

The New Face Of Banking

Technological disruption and new niche banks have changed the banking landscape for the consumer. How are existing banks... Read more

Light At The End Of The Tunnel

The Bankruptcy Code will consolidate all insolvency laws and will significantly shorten the timelines for resolution and... Read more

A New Template For Success

Axis Bank has built a formidable capital market business and has a strong balance sheet Read more

Shikha Sharma: Calculated Risk-taker

By adding capital market capabilities and expanding the retail loan portfolio, Shikha Sharma has transformed Axis Bank i... Read more