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Showing 1131 - 1140 of 1876 results for "lending"

North platform lands new head in AMP restructure

ELISE BURGESS  |  FRIDAY, 22 JUL 2011
... roadmaps to drive revenue and reduce operating expenses. He was also general manager of offshore operations and secured lending transformation during his time at Westpac. AMP Financial Services managing director, Craig Meller, said the role will take ...

CBA's Norris to retire, Narev replaces

ELISE BURGESS  |  FRIDAY, 22 JUL 2011
... Aussie Home Loans. In his current role he manages 4,000 staff, SME banking, private banking, on-line brokerage and margin lending. Prior to joining CBA, Narev was a global partner of New York law firm McKinsey & Co and headed up its New Zealand office. ...

Earnings up but jobs cut at State Street

ALISON BEVEGE  |  WEDNESDAY, 20 JUL 2011
... interest rates are believed to have been contributing to a reduction in the bank's returns on investments and institutional lending. It is believed chief executive officer Joseph Hooley is trying to cut spending to offset this effect. State Street today ...

Opes Prime directors admit guilt

MATT WOODINGTON  |  WEDNESDAY, 20 JUL 2011
... obligations of Leveraged Capital. On 27 March 2008 OPSL and Leveraged Capital, which each operated a stockbroking and securities lending business, were placed into administration and receivers and managers were appointed. OPSL and Leveraged Capital had ...

Institutional appetite for RMBS behind lender acquisition

MATT WOODINGTON  |  MONDAY, 18 JUL 2011
... Mark Forsyth, chief executive officer of Firstfolio, the deal provides the company with the scale to enter the non-bank lending market. "Two to three years after the worst of the financial crisis, institutional appetite for quality RMBS issues is growing ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 13 JUL 2011
... futures contract was up one point at 4,467. In economic news on Wednesday, the Australian Bureau of Statistics releases lending finance data for May. The Westpac/Melbourne Institute Survey of Consumer Sentiment for July is also released. In company news ...

Hidden threat may lurk on bank balance sheets

ALISON BEVEGE  |  FRIDAY, 8 JUL 2011
... more likely to sell lower than the market just to exit their positions than owner-occupiers who make up the bulk of bank lending - but that this could cause a knock-on effect and lead to banks wearing losses. "That reduces the coverage ratio on the banks' ...

Market Wrap - Morning

AAP  |  FRIDAY, 8 JUL 2011
... government announced new "stress tests" for nuclear reactors. The Chinese central bank increased its benchmark deposit and lending rates by 25 basis points in the latest salvo by leaders battling to bring inflation under control. Beijing, which has expressed ...

BetaShares targets active ETF traders

MATT WOODINGTON  |  THURSDAY, 7 JUL 2011
... can now take short term views and target positive or negative sector moves. As these products employ limited recourse lending, the amount of capital at risk is reduced while still taking advantage of smaller market movements through leverage," said Drew ...

Not in the mood for bad news

BENJAMIN ONG  |  THURSDAY, 7 JUL 2011
... news that the People's Bank of China raised interest rates for the third time this year. From this morning, deposit and lending rates in the second biggest economy in the world would be higher by 25 basis points. Chinamen will wake up with the one-year ...