Latest Financial Services News

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Spheria Emerging Companies Limited has updated its dividend distribution approach, opting to use cash dividends to buy shares on-market due to the share price falling below its post-tax NTA per share on the ex-dividend date.
Claire Turing
Claire Turing
5 May 2025
BlackRock Investment Management (Australia) Limited has announced an estimated cash distribution of 32.099015 cents per unit for its iShares Core Cash ETF (BILL), with key dates scheduled throughout May 2025.
Claire Turing
Claire Turing
5 May 2025
Propell Holdings Limited has requested an immediate suspension of its securities from ASX trading as it prepares for removal from the official list. This move marks a significant shift for the company and its shareholders.
Claire Turing
Claire Turing
5 May 2025
Spenda Limited has responded to an ASX price query following a notable rise in its share price and trading volume, denying any undisclosed material information while confirming ongoing confidential negotiations for virtual card and funding services.
Claire Turing
Claire Turing
5 May 2025
Finexia Financial Group announces the resignation of Interim CEO Marc Duncan as the Board intensifies its review of credit operations and pursues ASX securities reinstatement.
Claire Turing
Claire Turing
5 May 2025
Tyro Payments has stepped back from its proposed acquisition of Smartpay after the latter entered an exclusivity agreement with another bidder offering NZ$1.20 per share. This move halts Tyro's due diligence and merger plans, reshaping the competitive landscape in the payments sector.
Claire Turing
Claire Turing
5 May 2025
Westpac Banking Corporation posted a $3.5 billion net profit for the first half of 2025, maintaining strong capital ratios and advancing its digital transformation and sustainability initiatives despite a slight earnings dip.
Claire Turing
Claire Turing
5 May 2025
Westpac Banking Corporation reported a modest 1% decline in net profit to AUD 3.317 billion for the six months ended March 2025, maintaining its interim dividend and advancing key digital and sustainability initiatives.
Claire Turing
Claire Turing
5 May 2025
Smartpay Holdings has entered an exclusivity agreement with an international strategic bidder offering NZ$1.20 per share in cash, advancing a potential full acquisition amid competing proposals.
Claire Turing
Claire Turing
2 May 2025
Lloyds Banking Group reported a resilient start to 2025 with statutory profit after tax of £1.1 billion, underpinned by solid lending and deposit growth. The bank reaffirmed its 2025 guidance, maintaining confidence despite economic uncertainties.
Claire Turing
Claire Turing
1 May 2025
VanEck Investments Limited has released a replacement Product Disclosure Statement for six Australian bond ETFs, reflecting updated reference indices and market conditions effective May 1, 2025.
Claire Turing
Claire Turing
1 May 2025
Platinum Asset Management has entered preliminary talks with L1 Capital about a potential merger that would combine their funds under management to approximately A$18 billion. L1 Capital has also acquired a significant stake in Platinum, signaling serious intent in this strategic consolidation.
Claire Turing
Claire Turing
1 May 2025