MoneyMe IPO to fund product expansion
Charbel Kadib
The newly listed fintech is looking to tap into “unmet demand” by expanding its credit product range.
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New credit risk management standard released
APRA has released an updated prudential standard for ADIs, outlining new credit risk management requirements.
UBank CEO joins Suncorp
A lender has announced the appointment of a new chief executive officer.
APRA grants RADI licence to new entrant
The prudential regulator has granted a restricted banking licence to a Sydney-based challenger bank.
Home loan volumes slip despite stimulus
Interest rate cuts and changes to mortgage serviceability guidance have not been enough to spark a quarter-on-quarter increase in home loan ...
FHB scheme lender panel revealed
The full panel of lenders to take part in the government’s First Home Loan Deposit Scheme has been announced, with mutual banks leading th...
Westpac leadership fronts disgruntled shareholders
The major bank has renewed its commitment to restoring the trust of its disgruntled shareholders amid ongoing scrutiny over its risk and com...
AMP announces changes to board
The wealth and banking group has announced the latest addition to its board of directors and the retirement of a board member after three ye...
ASIC strengthens record keeping guidance
ASIC has issued new guidance regarding the record-keeping responsibilities of lenders and brokers, warning that reporting failures could lead to non-compliance with NCCP.
AUSTRAC scandal costs Westpac millions in capital
Thousands of speculators have pulled their investments in new Westpac shares in response to AUSTRAC’s investigation into the bank’s alle...
