AustraliaFinancial

WT Financial Group (ASX:WTL) has completed the sale of its Vesta B2C subsidiaries for a $450,000 cash payment.

The Australian Prudential Regulation Authority found close ties after testing four major lenders, including the Commonwealth Bank of Australia (ASX:CBA).

Euroz Hartleys (ASX:EZL) has entered into a binding agreement to sell its capital markets business to BMO Financial Group.

Abacus Group (ASX:ABG) has appointed Lawrence Wong as its new CFO to oversee its property investment portfolio.

The Council of Financial Regulators warns that frontier AI models have intensified cyber risks for Australian financial institutions.

ASIC proposes a five-year extension for four key financial services relief instruments to maintain market certainty.

Centuria Capital Group (ASX:CNI) has declared a final distribution of 5.20 cents per stapled security for the period ending June 30.

EQT Holdings (ASX:EQT) announced its intention to withdraw from independent superannuation trusteeship via its subsidiary, Equity Trustees Superannuation

Wholesale distributor Metcash (ASX:MTS) reported a 0.7% revenue increase to $19.6 billion.

Credit Corp (ASX:CCP) cancelled its proposal to acquire 100% of Humm Group (ASX:HUM).

HSBC (NYSE:HSBC) has agreed to a $35 million penalty after admitting to system failures that allowed scammers to defraud customers.

Challenger (ASX:CGF) agreed to merge its Fidante business with Channel Capital to form a $150 billion asset entity.