Banking and finance

Globals pitch in on GPG Australia's $2.3bn portfolio financing facility

Globals pitch in on GPG Australia's $2.3bn portfolio financing facility

White & Case worked with GPG while Allens advised the financing syndicate

National Australia Bank sued for failing customers in financial hardship

National Australia Bank sued for failing customers in financial hardship

The suit alleged the bank did not respond to 345 hardship applications within the required timeframe

Shelley Nave to helm Hunt & Hunt's banking and finance team

Shelley Nave to helm Hunt & Hunt's banking and finance team

The in-house star brings experience from big names like NAB and AFCA

Corrs steers AZ NGA in $240 million investment deal with Oaktree

Corrs steers AZ NGA in $240 million investment deal with Oaktree

The investment will accelerate AZ NGA's growth in the financial advisory sector

Commonwealth Bank of Australia, guided by Allens, sells stake in Vietnamese bank

Commonwealth Bank of Australia, guided by Allens, sells stake in Vietnamese bank

Sale involves total gross proceeds of about $160m

New Privacy (Credit Reporting) Code aims to better protect privacy of credit info

New Privacy (Credit Reporting) Code aims to better protect privacy of credit info

Updates enhance transparency over compliance of banks and reporting bodies with privacy obligations