Banking

CML Group Takeover Tussle Heats Up

Finance broker Consolidated Operations Group has moved to shore up its position in the bidding duel for finance company ... Read more

Credit Funds Tap A Yield Hungry Market

For the second time in a week a listed credit fund has launched a capital raising, underlining the popularity of the sec... Read more

Marketlend Preps IPO

Tyndall Capital is undertaking a pre-IPO capital raising for Marketlend with a target market capitalisation of A$175 mil... Read more

Resimac Acquires Finance Company

Mortgage specialist Resimac Group has entered the asset finance market, acquiring a controlling interest in finance comp... Read more

Westpac Equity Raising Oversubscribed

The negative reputational fallout from Westpac’s anti-money laundering scandal appears to have done little to dampe... Read more

ANZ Wraps OnePath Sale

The sale of ANZ’s OnePath Pensions and Investments business to IOOF gets the nod from APRA. Read more

Carlyle Group To Acquire Pioneer Credit

Private equity firm The Carlyle Group is poised to take over debt buyer Pioneer Credit, which has been struggling to res... Read more

PNG’s Kina Bank Now An ASX Financial Star

Papua New Guinea’s third largest deposit taker – Kina Bank – continues as the standout performer among AS... Read more

Openpay Pitches A Differentiated BNPL Offering

Buy now pay later company Openpay launched its initial public offering this week, with a pitch to investors that there i... Read more

‘Retain Earnings’: APRA

APRA are starting to talk sense on bank dividends. Read more

Briefs: Tyro Sets Its Price, Credit Union Acquisition

Tyro Payments set the price of its IPO at the top of the expected range. Read more

Smartpay Sells NZ Business To Verifone

Payments company Smartpay is selling its New Zealand business to focus on development of its local operation, which incl... Read more

Westpac Gives SPP Applicants An Out

Westpac will provide a withdrawal option for share purchase plan applicants who applied for shares under the plan prior ... Read more

MoneyMe To Pursue US Expansion With IPO Proceeds

Online consumer lender MoneyMe plans to use the funds raised in its initial public offer to increase its marketing spend... Read more

NPA Norms May Be Tougher Than Basel's: RBI Deputy Governor N S Vishwanathan

RBI working on corporate governance rules in line with global standards, says Vishwanathan Read more