Latest Financial Services News

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FleetPartners has reached an in-principle $27 million settlement to resolve a shareholder class action related to disclosures from 2017 to 2019, with the cost fully covered by insurance and no admission of liability.
Claire Turing
Claire Turing
8 May 2026
Macquarie Bank Limited has posted a robust FY2026 result, with net profit attributable to ordinary equity holders soaring 74% to AUD 6.011 billion, underpinned by strong performances in its Banking and Financial Services and Commodities and Global Markets divisions.
Claire Turing
Claire Turing
8 May 2026
Macquarie Group (ASX: MQG) reported a 30% jump in FY2026 net profit to A$4.85 billion, driven by growth across all divisions and bolstered by strategic investments in AI and sustainability. The board declared a total dividend of A$7 per share and maintained a strong capital position amid ongoing regulatory remediation.
Claire Turing
Claire Turing
8 May 2026
Block, Inc. reported a robust Q1 2026 with AI-powered productivity gains, strong Cash App and Square growth, and a $5 billion share buyback boost. Despite a GAAP net loss due to restructuring and legal costs, the fintech giant raised its full-year outlook, signaling confidence in its AI-led transformation.
Sophie Babbage
Sophie Babbage
8 May 2026
REA Group delivered robust Q3 FY26 results, driven by double-digit revenue growth in Australia and record engagement on realestate.com.au, while lowering its cost growth guidance for FY26.
Sophie Babbage
Sophie Babbage
8 May 2026
Generation Development Group has completed the migration of $1.8 billion in Xplore Wealth managed discretionary accounts to Evidentia’s Implemented Portfolios on the HUB24 platform, lifting total funds under management beyond $4 billion.
Claire Turing
Claire Turing
7 May 2026
Smartgroup delivered a robust start to 2026 with double-digit growth in novated leasing orders and a new app rollout, while targeting mid-40s EBITDA margins for 2027 amid supportive EV policies.
Claire Turing
Claire Turing
6 May 2026
Decidr AI Industries has successfully completed a $15 million placement to fund key product development and expansion initiatives, reinforcing its lead in the agentic AI sector.
Sophie Babbage
Sophie Babbage
6 May 2026
Perpetual Limited is sharpening its focus on asset management and corporate trust following the binding agreement to sell its Wealth Management arm to Bain Capital for $500 million upfront, aiming to strengthen its balance sheet and simplify operations.
Claire Turing
Claire Turing
6 May 2026
Regal Partners showcased its diversified $21 billion funds under management and ongoing growth momentum at the Macquarie Australia Conference, emphasising strong inflows, product innovation, and offshore expansion.
Claire Turing
Claire Turing
6 May 2026
HMC Capital has unveiled a streamlined strategy focusing on high-return platforms across real estate, digital infrastructure, private credit, and energy transition, reaffirming its FY26 operating EPS guidance above 40 cents pre-tax and announcing significant capital recycling and growth initiatives.
Claire Turing
Claire Turing
6 May 2026
Ovanti Limited has acknowledged its $5.27 million placement was material and confidential, while offering potential reasons for a sharp 70% share price rise before public disclosure.
Claire Turing
Claire Turing
5 May 2026