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ME BANK
Financial planning
ME Bank has been ordered to pay $820,000 by the Federal Court for pleading guilty to criminal charges of making false and misleading representations, and failing to provi...
Superannuation
The corporate regulator has alleged misconduct against the bank’s home loan clients while it was still under ownership of the industry superannuation funds....
People & Products
As part of the acquisition process, former ME Bank director Deborah Kiers will join the Bank of Queensland’s board of directors, replacing Kathleen Bailey-Lord....
Financial planning
The formerly industry super-owned bank has been sold for a cash consideration of $1.325 billion....
Financial planning
The Bank of Queensland has received approval for its 100% acquisition of ME Bank, which is expected to be completed this month....
Policy & Regulation
The corporate regulator has charged the formerly industry fund-owned bank due to contraventions of the ASIC Act and National Credit Code....
Superannuation
Bank of Queensland has confirmed its acquisition of industry funds-owned ME Bank....
Policy & Regulation
The Australian Prudential Regulation Authority has admitted that the structures surrounding Industry Super Australia and Industry Fund Services have precluded it finding ...
People & Products
Long-serving ME Bank chief executive, James McPhee has resigned just months after the brouhaha over client redraw facilities....
Financial planning
The Australian Securities and Investments Commission has hit out at ME Bank over the “disappointing” way it handled its problems over client mortgages and said it has had...
Superannuation
Industry Super Australia has received tough written questioning from the Australian Securities and Investments Commission around how it calculates the impacts of early ac...
Superannuation
ME Bank and Industry Super Australia will be placed under scrutiny as part of an urgent public hearing of a key Parliamentary Committee....
Funds management
Industry funds-backed bank, ME Bank has reversed its home loan redraw limits decision....
Financial planning
Hard-pressed industry funds bank, ME Bank, is offering clients financing rearrangements and a six-month repayment holiday as it scrambles to deal with the controversy aro...
People & Products
ME Bank and specialist retirement funding provider Household Capital, which launched earlier this year, have announced a partnership to establish a $100 million wholesale...
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MARKET INSIGHTS
Podcast
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...