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Showing 111 - 120 of 586 results for "Lenders"

InvestSMART launches installment investment product

KANIKA SOOD  |  MONDAY, 13 SEP 2021
... calls for investors. The company is using its cash to fund the loans for the product at the minute but plans to use other lenders as demand grows. InvestSMART chief executive Ron Hodge said the product is the first of its kind and allows the firm to ...

Westpac sells life insurance unit

KARREN VERGARA  |  MONDAY, 9 AUG 2021
... help customers with their life insurance needs by partnering with TAL." In the last year, Westpac has also ditched its lenders mortgage insurance, Westpac Pacific, auto finance and New Zealand life insurance businesses, and separated its general insurance ...

LIBOR phased out by year end

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
... the advantage of hedge funds. The scandal also resulted in US homeowners filing a class action against their mortgage lenders, claiming that LIBOR manipulation made mortgage repayments more expensive. This case was based on analysis showing LIBOR rates ...

Former adviser charged with $3.3m fraud

KARREN VERGARA  |  THURSDAY, 27 MAY 2021
... entered into personal loans with a number of people, some of whom were clients. "No client accounts were breached. The lenders transferred money from their personal bank accounts to his personal bank account," he said. "In almost all of the cases we ...

ERS applicants $3100 worse off

KARREN VERGARA  |  THURSDAY, 20 MAY 2021
... need, rather than giving them the option of using their super. The government should have enforced with banks, landlords, lenders, financial services and utility companies to offer deferred payment schemes to all customers, McKell further suggests. "The ...

Westpac profit climbs, executive leaves

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
... and ramp up its digital transformation. Westpac has already sold Vendor Finance, Westpac Pacific, General Insurance and Lenders Mortgage Insurance. The remaining businesses to be sold include Westpac Life Insurance, Auto Finance and its superannuation ...

First Sentier launches ESG debt strategy

JAMIE WILLIAMSON  |  FRIDAY, 30 APR 2021
... expertise and strong institutional relationships. In turn, MUFG Bank brings its scale and experience as one of the largest lenders to the renewables sector in the Asia Pacific," Togher said. "The initiative demonstrates how we can collaborate with our ...

Westpac earnings take hit

ANNABELLE DICKSON  |  MONDAY, 26 APR 2021
... $56 million cost associated with ending the relationship with IOOF and an $84 million write-down of goodwill related to lenders mortgage insurance. Furthermore, the bank recorded an accounting loss of $113 million on the sale of Westpac Pacific along ...

Latitude IPOs despite spotted past

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 APR 2021
... companies named by ASIC in a review that found unacceptable sales practices in consumer credit insurance sold by Australian lenders. Latitude was also one of the companies named in ASIC's work to remediate consumers for junk consumer credit insurance. ...

Atlas Wealth launches mortgage brokerage

KARREN VERGARA  |  WEDNESDAY, 14 APR 2021
... having lived that life myself." Atlas advises Australian clients who have migrated to over 25 countries and has some 30 lenders on its panel.