Business, HR News


86 400 In The Money

Banking - Published date: .

Neobank 86 400 have banked $34 million in new capital, while deposit growth is flying. Read more

EML Renegotiates PFS Deal

Banking - Published date: .

EML Payments has renegotiated the terms of its acquisition of European payments company Prepaid Financial Services, sign... Read more

Research Houses In Dispute Over Merger

Banking - Published date: .

The planned merger of two investment management research houses has hit the rocks, after Zenith Investment Partners advi... Read more

UBS Faces $260m Hit On NAB Exposure

Banking - Published date: .

The Australian arm of Swiss investment bank UBS AG has amassed a 2 per cent stake in National Australia Bank following t... Read more

Fat Premium For New Bendigo Shares

Banking - Published date: .

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

Banking - Published date: .

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

Banking - Published date: .

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

Banking - Published date: .

Credit fund manager Metrics Credit Partners has withdrawn an entitlement offer, citing “extreme market volatilityâ...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

Banks Cop Earnings Downgrades

Banking - Published date: .

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

CML’s Major Shareholder Backs Scottish Pacific

Banking - Published date: .

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

Mortgage Rush Tests BNK

Banking - Published date: .

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

Banking - Published date: .

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

ACCC Has Issues With AFG Connective Merger

Banking - Published date: .

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

Marketlend Preps IPO

Banking - Published date: .

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

Openpay Pitches A Differentiated BNPL Offering

Banking - Published date: .

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

Smartpay Sells NZ Business To Verifone

Banking - Published date: .

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

Banking - Published date: .

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

Banking - Published date: .

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

COG And CML To Merge

Banking - Published date: .

Business finance broker Consolidated Operations Group is furthering its strategy of adding in-house finance products to ... Read more

EML Eyes Irish Prepaid Payday

Banking - Published date: .

EML claims its third acquisition for the year will make it one of the world’s leading prepaid payments providers an... Read more