Latest Banking News

Peel Mining has appointed a new leadership team with deep mining and capital markets expertise, aiming to unlock significant value from its copper and polymetallic assets in the prolific Cobar region. The company signals a strategic shift towards targeted exploration, regional consolidation, and disciplined growth.

Income Asset Management has uncovered suspected fraudulent transfers linked to a minority sub-custodian, confirming no client assets were compromised. The company is investigating further and will update the market soon.

JAYRIDE Group Limited has confirmed Randy Prado as CEO and Ram Navaratnam as Finance Director, cementing leadership as it advances its SaaS mobility platform with pilots in Southeast Asia.

Endeavour Group Limited has updated its dividend distribution details for the financial period ending June 2025, confirming a fully franked ordinary dividend and outlining currency options and reinvestment plan terms.

Summerset Group Holdings Limited has confirmed an ordinary dividend of NZD 0.113 per security for the half-year ending December 2025, alongside key updates to its Dividend Reinvestment Plan pricing and Australian dollar exchange rate.

FSA Group Limited has priced its second asset-backed securities deal, raising $300 million secured by automobile and equipment receivables. The transaction, arranged by National Australia Bank, signals growing momentum in the company's securitisation strategy.

Resimac Group has successfully settled a A$1 billion non-conforming residential mortgage backed securities transaction, marking its second such bond issuance this year. The deal attracted strong domestic and offshore investor interest, reinforcing Resimac’s diversified funding strategy.

Leo Lithium has announced a significant $330 million return to shareholders in 2025, following the termination of its asset acquisition strategy and a decision to monetise remaining assets.

Stakk Limited has secured a pivotal two-year agreement to provide embedded finance technology for Robinhood’s new banking service, marking a significant milestone for both fintech players.

360 Capital Mortgage REIT (ASX, TCF) has initiated a non-renounceable 1-for-1 entitlement offer priced at $5.94 per unit, aiming to raise approximately $45.2 million to fund new loan investments and expand its portfolio.

Qantas Airways has updated its dividend announcement for the six months ending June 2025, confirming a fully franked total dividend of AUD 0.264 per share with clarified currency payment arrangements for New Zealand shareholders.

National Australia Bank Limited announces a fully franked distribution of AUD 1.1095 per NAB Capital Note 7, reflecting a 4.45% annualised rate for the upcoming quarter.