A bit of a carpet bagger Mike Smith turned out to be. Or a lot of a carpet bagger. In excruciating detail the suppressed Self-Assessment ANZ provided to APRA in mid 2019 documents the felonies of Mike ...

For the four largest banks in New Zealand, the Reserve Bank of New Zealand has settled on a reduction in Tier 1 capital ratio requirements relative to the 2028 settings under capital levels imposed i.

Struggling US card issuing and payments processing platform provider Marqeta Inc has abruptly pulled the plug on its Australian business as it scrambles to tame operating losses across its global ...

HSBC is seeking a buyer for its Australian retail banking arm, The Australian reports. HSBC had A$37 billion in assets and A$38 billion in deposits at May 2025, APRA data shows. Its mortgage book was ...

Heartland Bank Australia is looking to diversify its lending book, but for now it is keeping its thinking to itself. “Certainly we’ve got aspirations to grow our business” Michelle Winzer, the newly ...

The new business of Luke Bunbury, one of the co-founders of Volt Bank, has emerged as the buyer of all remaining assets of the failed bank. Via his latest venture, We Are Embedded, Bunbury has ...

The Supreme Court of New South Wales has dismissed an application by Merciful Group Incorporated over the closure of its account by Suncorp Bank (a subsidiary of ANZ) “on the grounds that this was ...

Bendigo and Adelaide Bank will acquire RACQ Bank’s retail lending assets and deposits – at book value. There is no premium payable on the footings of a retail banking business that recently has been ...

The Lindsay Fox family and Linfox Armaguard have got exactly what they were looking for. A cost-plus deal with their major customers, principally the four major banks. Deloitte Access Economics has ...

Acknowledging, for once, that Commonwealth Bank is the bigger business bank, National Australia Bank says that a priority focus for the bank “is how we close the gap with CBA in business deposits.” ...

Bendigo and Adelaide Bank has been penalised, and faces more sanctions, following the discovery of suspected money laundering at a Bendigo branch in Melbourne recently. Bendigo owned up to these ...

Interchange will be in the spotlight in the Reserve Bank of Australia’s upcoming review of payments fees and payments regulation. One influential lobby group has placed interchange front and centre in ...