Challenger merges Fidante division in $172M deal
Challenger (ASX:CGF) agreed to merge its Fidante business with Channel Capital to form a $150 billion asset entity.
Challenger (ASX:CGF) agreed to merge its Fidante business with Channel Capital to form a $150 billion asset entity.
Bain Capital has reportedly withdrawn its non-binding bid to buy advertising group oOh!Media (ASX:OML) for $1.60 per share.
APRA has issued an official warning to banks, insurers, and superannuation funds, mandating that they strengthen their risk management
APRA and ASIC streamline Financial Accountability Regime rules to cut administrative workloads for 4,500 accountable individuals.
The Finance Sector Union has warned that Westpac's (ASX:WBC) new home lending sales targets could drive experienced staff out of the bank.
The ACCC granted unconditional clearance for the marquee merger between Magellan Financial Group (ASX:MFG) and Barrenjoey Capital Partners.
Westpac (ASX:WBC) reported a sharp downturn in mortgage applications, driven by escalating Middle East conflicts.
Commonwealth Bank of Australia’s (ASX:CBA) New Zealand subsidiary, ASB Bank, has been hit with a $6.7 million fine.
Perpetual (ASX:PPT) has finalised a share sale deed to acquire a majority 70% stake in Victoria-based Interfi Systems.
Heartland Group (ASX:HGH) announced the signing of a conditional merger implementation agreement to acquire and merge with TSB Bank.
Judo Capital (ASX:JDO) priced a $750 million capital-relief securitisation transaction backed by small and medium enterprise business loans.
Challenger (ASX:CGF) has finalised a capital partnership with Auckland-based mortgage lender Finbase, committing NZ$150 million.