Latest Financial Services News

The Takeovers Panel has received a contentious application from Keybridge Capital challenging Yowie Group’s recent private share placement, alleging breaches of takeover laws amid internal disputes within Keybridge.

WCM Global Growth Limited has announced an increased fully franked dividend for Q3 FY2025, alongside a progressive dividend policy forecasting steady growth through FY2026. The company’s strong investment performance underpins this confident outlook.

Smartgroup Corporation Limited reported robust financial growth in 2024, driven by record customer numbers and a significant rise in electric vehicle leasing, positioning the company for a sustainable future.

Insignia Financial updates the market on its acquisition talks, revealing Bain Capital's withdrawal due to global market volatility while discussions with CC Capital continue without certainty.

Commonwealth Bank of Australia reported a stable $2.6 billion cash profit for the quarter, maintaining strong capital and dividend payouts despite slight increases in consumer arrears and corporate credit risks.

Cash Converters International Limited reveals a strategic shift towards sustainable, lower-cost lending and expands its global footprint through targeted franchise acquisitions in Australia and the UK.

DigitalX Limited has forged an exclusive 12-month partnership with Canadian-listed SOL Strategies to enhance its Solana staking operations, aiming to scale exposure and improve yield through institutional-grade infrastructure.

Humm Group reported a solid 10% increase in assets under management to $5.3 billion for 3Q25, maintaining stable margins while advancing a new hybrid loan product and IT platform modernization.

Raptis Group Limited has voluntarily suspended trading on the ASX as it prepares to announce a significant share placement and entitlement offer, signaling a pivotal moment for the company’s capital structure.

CD Private Equity Fund II announces an early distribution of $0.12 per unit, reflecting strong portfolio exits and delivering a 1.62x return since inception.

ARC Funds Limited has acquired a controlling interest in The Term Deposit Shop, bolstering its position in the online cash investment space while raising $600,000 in equity and $800,000 in debt financing.

FleetPartners Group Limited reported resilient 1H25 results with 6% growth in assets under management and a 13% rise in normalised earnings per share, despite temporary operational setbacks from its Accelerate system upgrade.