Communications
Spark NZ inks Challenger deal to sell $240M in receivables
Spark New Zealand (ASX:SPK) announced a new receivables financing partnership with ASX-listed financial services firm Challenger (ASX:CGF).
AustraliaFinancial
Financial
Federal Court fines ANZ $250M for misconduct
The Federal Court has ordered ANZ (ASX:ANZ) to pay $250 million in penalties for widespread misconduct and systemic risk failures.
Financial
Macquarie to pay $35M for misreporting millions of short sales
Macquarie Securities has agreed to a $35 million penalty after its cash equities brokerage arm admitted to misreporting millions of short sales over more than a decade.
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Financial
Bendigo and Adelaide Bank hit with $50M APRA capital charge
Bendigo and Adelaide Bank (ASX:BEN) will face a $50 million operational risk capital charge imposed by APRA.
Financial
New Zealand central bank cuts bank capital requirements to ease costs
New Zealand's central bank has announced a reduction in some capital requirements for the country's banks.
Financial
Humm Group gets director removal notice and acquisition proposal
Humm Group (ASX:HUM) has disclosed it received a notice under section 203D of the Corporations Act from Jeremy Raper and Collins Street Value Fund on Dec. 15.
Australian Wealth Advisors expands nationwide with Avalon and Beattie investments
Australian Wealth Advisors Group (ASX:WAG) has s expanded its national footprint through strategic investments in Avalon Financial Services and Beattie Financial Services