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Showing 1071 - 1080 of 1883 results for "Lending"

Two cuts and a top up

BENJAMIN ONG  |  FRIDAY, 6 JUL 2012

UK launches bank probe amid Libor scandal

MELANIE TIMBRELL  |  TUESDAY, 3 JUL 2012
... The bank was fined AU$451 million by the UK Financial Services Authority last week following an investigation into bank lending rates. HSBC, RBS, UBS and Citigroup are also being investigated in connection to the alleged market manipulation that led ...

Buyer's market for planning businesses: Radar Results

BEN COLLINS  |  TUESDAY, 3 JUL 2012
... pa to fund the acquisitions, said Radar Results founder John Birt. "Many banks today have moved back into this field of lending - the most prominent being ANZ, NAB and St George - allowing planners to expand with confidence, not having to borrow at the ...

Tell that to the marines

BENJAMIN ONG  |  TUESDAY, 3 JUL 2012
... from "the euro would implode" scare that - in the name of self-preservation -- froze consumers into spending, banks from lending, factories from stocking, businesses from investing& you get the picture. The renewed calm in Europe, and optimism that EU ...

Barclays fined $A451 million

BEN COLLINS  |  THURSDAY, 28 JUN 2012
... executives at the bank would forego their annual bonuses this year. The breach was discovered after an investigation into lending rates (called Libor and Euribor) reported by banks in the United Kingdom. The Libor and Euribor rates are benchmark reference ...

China manuf growth figures being misread

MELANIE TIMBRELL  |  TUESDAY, 26 JUN 2012
... strong signs that with the interest rate cut and, down the line, another cut to the reserve ratio to allow banks more lending into the market that should be able to rebound China's growth in second half this year." "China's aim is still around 7.5% which ...

Market Wrap

AAP  |  TUESDAY, 12 JUN 2012
... contract was down 45 points at 4,062. In economic news on Tuesday, the Australian Bureau of Statistics (ASB) releases lending finance for April while National Australia Bank's monthly business survey for May is due out, and the NSW government brings ...

Market Wrap

AAP  |  FRIDAY, 8 JUN 2012
... first time China has reduced rates since 2008, with the one-year deposit rate dropping to 3.25 per cent and the one-year lending rate falling to 6.31 per cent. But, locally, financials were sold off, with Westpac leading the big four banks down, losing ...

Pop goes the QE

BENJAMIN ONG  |  FRIDAY, 8 JUN 2012
... Peoples Bank of China (PBOC) just did it. The PBOC reduced borrowing costs - the first since 2008 - taking the benchmark lending rate down to 6.31% from 6.56% and handed banks more discretion in setting the rate they charge on loans and for those they ...

AMP infra fund buys into Indian energy

BEN COLLINS  |  WEDNESDAY, 6 JUN 2012
... "The best way to invest is through private banks. If infrastructure takes off the private banks will be there for the lending." Seth also acknowledged the regulatory challenges that are a synonymous with infrastructure investments on the sub-continent. ...