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| | | ... than one withdrawal. Increasing deposits are also helping banks lower their average cost of funds though the impact on mortgage rates is less discernible. But the lift in savings levels is having economic impacts with reduced lending activity and continuing ... |
| | | | ... Federal Court in Sydney between Lehman Bros and a raft of local councils and charities over their purchase of sub-prime mortgage-backed securities in the lead up to the global financial crisis. Also in the Federal Court in Sydney, packagers Amcor Ltd ... |
| | | | ... councils and charities against the local arm of former Wall Street bank Lehman Bros over their investments in sub-prime mortgage-backed securities leading into the global financial crisis. On Thursday, the Australian share market closed flat after solid ... |
| | | | ... the hearing continues between Lehman Brothers and a raft of local councils and charities over investments in sub-prime mortgage-backed securities in the lead up to the global financial crisis. On Wednesday, the Australian share market closed lower as ... |
| | | | ... 2004. This allowed La Trobe to ride through the GFC without the redemption and performance issues that plagued other mortgage funds. Meanwhile, the winner of the 2011 VFMC Investment Stewardship Award for Investment Managers is Goldman Sachs Asset Management ... |
| | | | As the world rebuilds its regulatory structures around the financial system, it needs to recognise that the system is an integrated network of ecosystems, not a set of independent machines. Speaking at yesterday's Melbourne Financial Services Symposium ... |
| | | | ... growing market and non-market related revenue in our Private Wealth business and responded to the increased demand for our mortgage processing services. We also actively took advantage of market opportunities by launching new investment products such ... |
| | | | ... Quarter. In equities news, AGL Ltd, APA Group, Macarthur Coal Ltd, WorleyParsons Ltd, Riversdale Mining Ltd, Perpetual Ltd, Mortgage Choice Ltd, Suncorp Group Ltd, Charter Hall Office REIT, Centrebet International Ltd, Asciano Ltd, Macmahon Holdings ... |
| | | | ... well away from the tragedies suffered by their peers during the GFC. Take one of the finalists, La Trobe Capital and Mortgage Corporation. The $1.5 billion fund manager developed a mortgage fund product that served its investors well, even at the height ... |
| | | | The sole director of failed Melbourne-based loan and mortgage broking business, Victorian Finance Broking Services (VFBS), has been sentenced to four years and nine months imprisonment following an ASIC investigation. Hazel Bucello plead guilty to five ... |
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