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Showing 991 - 1000 of 1883 results for "Lending"

ASIC takes action against diamond trading scheme

LAURA MILLAN  |  WEDNESDAY, 7 AUG 2013
... applied in Queensland. ASIC claims the FAF companies were seeking to avoid the requirement to hold a licence for their lending activities. The Fast Access Finance proceedings are listed for a directions hearing in the Federal Court in Brisbane on 20 ...

Senior CBA exec puts blame on the bank for Storm disaster

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
... agreeing to Storm's conditions, but he added that he experienced pushback from some of the bank's executives in margin lending. Storm then redirected much of its margin lending business to Macquarie Bank. But in 2007 and reportedly without Bailey's knowledge ...

The good, the good and the dollar-A

BENJAMIN ONG  |  TUESDAY, 23 JUL 2013
... PBOC is liberalising interest rates there - it removed the 6.0% floor on one-year loans, allowing banks to set their own lending rates. Markets previously expected the Chinese central bank to gradually lower the floor on lending rates. But nah! It just ...

Market Wrap

AAP  |  MONDAY, 22 JUL 2013
Australian stocks have opened stronger following news China will lift controls on lending interest rates. The ASX200 index is back above 5000 points as the market rebounds from Friday's losses. IG market strategist Chris Weston said the market received ...

Market Wrap AM

AAP  |  MONDAY, 15 JUL 2013
... contract was up 14 points at 4,950. In economic news on Monday, the Australian Bureau of Statistics (ABS) is due to release lending finance data for May and new motor vehicle sales figures for June. In equities news, Djerriwarrh is ex[ected to post ull ...

BEN boosts margin lending arm with new appointment

JAMES FERNYHOUGH  |  TUESDAY, 9 JUL 2013
The Bendigo and Adelaide Bank (BEN) has appointed Alexandra Tullio to the role of executive, margin lending, as part of a move to boost the bank's investment in its margin lending business, Leveraged Equities (LE). The appointment is from within, with ...

Once more from the top

BENJAMIN ONG  |  THURSDAY, 27 JUN 2013
... to Bloomberg, "The People's Bank of China has provided financing to some financial institutions to stabilize interbank lending rates and will use short-term liquidity operations and existing loan-facility tools to ensure steady markets, according to ...

China's rebalancing act

BENJAMIN ONG  |  TUESDAY, 25 JUN 2013
... flowing into the real economy instead and clamping down on financial and property market speculation/arbitrage/shadow lending/leverage before it ends in tears. It's doing the right thing while it still could afford to do so. China's economy expanded ...

IOOF invests $75m in syndicated loan market

MARK SMITH  |  FRIDAY, 21 JUN 2013
... banks. Since the global financial crisis (GFC), increased bank funding costs and regulation have increased the cost of bank lending, creating an opportunity for non-bank investors to access the market. IOOF said Australia's corporate loan market provides ...

ME Bank wins A3 rating on super fund backing

JAMES FERNYHOUGH  |  TUESDAY, 18 JUN 2013
... industry superannuation funds. Moody's expects ME Bank to continue to grow, provided it maintains it current funding and lending model. However, given its priority is to provide lower-cost services to customers, Moody's does not expect the bank to become ...