Changes to global bank regulations have been more difficult than anticipated, with only Australia and 10 other jurisdictions so far adopting key parts of the reforms.
Cash Converters has obtained $60 million from Westpac Bank that the second hand dealer and short-term loan provider will use to grow its personal loan book.
US stocks have tumbled after a top European finance official suggested the Cyprus bailout framework could serve as a template for other European bank crises.
The talk on Wall Street shifted last week from the pursuit of record highs to the future of the eurozone after the Cyprus banking crisis took centre stage.
Investor Craig Burton and Navitas executive Scott Jones have backed a restructurting at Verus Investments, which has announced a capital raising and a new managing director to support its oil &
Commonwealth Bank is free to seize control of independent mortgage provider Aussie Home Loans after the competition watchdog gave its blessing to the deal.
West Africa-focused Papillon Resources has successfully raised $52.9 million through an institutional placement, with proceeds to fast track the development of its Fekola gold project.
The Australian dollar is higher after the currency recovered from yesterday's fall, while taking a string of public comments from the Reserve Bank of Australia in its stride.
The twin villains of Australian businesses in recent years - the high dollar and increased household savings - have saved the economy from overheating and spared consumers from outsized price hikes
The Australian dollar has closed flat, with the currency finding support despite fresh jitters from Europe stemming from a proposed Cyprus deposit levy.
