Latest Financial Services News

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Magellan Financial Group has successfully completed its $20 million Share Purchase Plan, attracting applications worth over $129 million and prompting a pro-rata scale-back for larger investors.
Claire Turing
Claire Turing
31 Mar 2026
Fiducian Investment Management Services Limited has reached a heads of agreement with ASIC to resolve civil proceedings over misleading disclosures in its Diversified Social Aspirations Fund. The settlement includes a $7.3 million penalty and legal costs, pending court approval.
Claire Turing
Claire Turing
30 Mar 2026
Perpetual Limited has updated its dividend announcement, confirming a fully unfranked ordinary dividend of 59 cents per share and setting the Dividend Reinvestment Plan price at $16.11 based on a 10-day volume weighted average price.
Claire Turing
Claire Turing
30 Mar 2026
EML Payments has appointed Adam Olding as its Global CEO, marking a pivotal step in its EML 2.0 transformation and signalling strengthened leadership to drive growth. Concurrently, regulatory developments around its Australian banking licence application introduce new compliance dynamics.
Claire Turing
Claire Turing
30 Mar 2026
Sequoia Financial Group has postponed its interim dividend payment to mid-May as it finalises the sale of InterPrac and awaits ASX guidance on a potential shareholder meeting.
Claire Turing
Claire Turing
27 Mar 2026
Spacetalk Ltd has secured firm commitments to raise approximately $6 million through a two-tranche share placement, alongside appointing Andrew Grover as an independent Non-Executive Director. The capital raise aims to accelerate app development and support growing subscriber demand.
Sophie Babbage
Sophie Babbage
27 Mar 2026
Weebit Nano has successfully raised A$87 million through institutional and Israeli placements, positioning itself to fast-track its advanced ReRAM technology development. The capital raise includes a forthcoming share purchase plan for retail investors.
Sophie Babbage
Sophie Babbage
27 Mar 2026
Latitude Group Holdings has finalised the margin and size for its Capital Notes 2 offer, setting a 4.15% annual margin and allocating $130 million following a successful bookbuild.
Claire Turing
Claire Turing
27 Mar 2026
BlackRock Investment Management (Australia) Limited has announced estimated cash distributions for a suite of Australian domiciled iShares ETFs, outlining key dates and participation details for investors.
Claire Turing
Claire Turing
26 Mar 2026
Weebit Nano has launched a significant A$80 million institutional placement, alongside additional funding initiatives, to accelerate its ReRAM technology leadership and broaden AI-related offerings.
Sophie Babbage
Sophie Babbage
26 Mar 2026
L1 Group has launched the IPO of L1 Gold Fund Limited, targeting a $900 million raise with founder backing and early closure due to strong investor interest. The fund will list on the ASX in April, continuing the strategy of its predecessor wholesale fund.
Claire Turing
Claire Turing
26 Mar 2026
Klevo Rewards’ subsidiary Fly Wallet has engaged top-tier law firm Hamilton Locke to establish the legal framework for its upcoming KLV stablecoin, aiming to ensure regulatory compliance in Australia’s evolving digital asset landscape.
Claire Turing
Claire Turing
25 Mar 2026