Latest Financial Services News

Bank of Queensland (ASX: BOQ) has announced a strategic capital partnership with Challenger Limited (ASX: CGF), involving a $3.7 billion whole-of-loan sale and a forward flow arrangement for equipment finance assets. The deal aims to optimise BOQ’s funding base, support SME equipment finance growth, and enable capital returns to shareholders.

BNK Banking Corporation announces the planned departure of CEO Allan Savins, with CFO Steve Kinsella stepping in as interim CEO from April 2026. The leadership transition marks a pivotal moment for the bank amid its ongoing growth and turnaround.

InvestSMART Group Limited has announced an on-market buy-back of up to 7 million ordinary shares, set to commence in April 2026 and run for a year. This move signals a strategic capital management effort without requiring shareholder approval.

Fiducian Group Limited has responded to a sharp share price drop by denying any undisclosed information and downplaying the impact of new APRA licence conditions on its operations.

Yugo Metals has appointed Petar Tomašević as its permanent CEO, following his interim leadership that saw significant project milestones. His international experience and regional insight position the company for accelerated growth in Europe's strategic metals sector.

Following ASIC's final inquiry report, ASX unveils a comprehensive transformation plan focusing on governance, leadership, and risk management, alongside a significant capital charge.

Betashares Capital Ltd has announced the Distribution Reinvestment Plan (DRP) issue prices for 30 of its ETFs for the March 2026 distribution period, with elections due by 7 April and unit issuance scheduled for 20 April.

Latitude Group Holdings has lodged a replacement prospectus for its Capital Notes 2 offer, revealing an increased offer size and updated margin following a completed bookbuild.

Betashares Capital Ltd has announced the final distribution amounts for March 2026 across multiple ETFs on the ASX AQUA market, alongside details on the active Distribution Reinvestment Plan (DRP). Investors can expect payments in April with reinvestment prices to be revealed shortly.

Count Limited has announced a strategic acquisition of Oracle Group, significantly expanding its financial advice and wealth management footprint across Australia. The deal is backed by a $40.9 million equity raising to support growth ambitions.

Tyro Payments welcomes the Reserve Bank of Australia's reforms to merchant card payment costs, highlighting opportunities from increased transparency and competition. The changes, effective from October 2026, align with Tyro’s transparent pricing model and do not affect its near-term guidance.

Challenger Limited has welcomed APRA’s new capital framework for longevity products, set to ease capital requirements and reduce risk for providers, supporting Australia’s evolving retirement income market.