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Showing 111 - 120 of 1331 results for %22Loan Market%22

Aura, Montgomery ink distribution deal

JAMIE WILLIAMSON  |  FRIDAY, 6 MAY 2022
... wholesale investors, is a diversified portfolio of SME loans, 36% of which are in the agricultural sector. The weighted average loan is just shy of $145,000 with an average duration of four months. Since launching in August 2017, it has delivered a compound ...

Reserve Bank fallout after hawkish pivot

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
... been immediate. A Rate City report has said if the banks pass on this hike in full, the average borrower with a $500,000 loan and 25-year mortgage term would see repayments shoot up by $65 a month. All four major banks have very quickly announced rate ...

Citi welcomes eight new hires

JAMIE WILLIAMSON  |  MONDAY, 2 MAY 2022
... in equities facilitation trading. Also joining in the coming months is Norbert Wong who will take on a client facing stock loan and Delta 1 sales role, Citi said. He is currently vice president - equity finance trader at Credit Suisse. Citi's low touch ...

Elon Musk buys Twitter for $61.4bn

ANDREW MCKEAN  |  TUESDAY, 26 APR 2022
... the Twitter board of directors. The innovative business magnate secured US $25.5 billion of fully committed debt and margin loan financing and will provide an approximate US $21 billion equity commitment. However, eToro global markets strategist Ben ...

J.P. Morgan's net income falls 42%

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
... a net credit reserve release of US$5.2 billion in the prior year which indicated an increase in the probability of higher loan losses. Nonetheless, J.P Morgan chief executive Jamie Dimon was pleased with a "healthy" $30 billion of revenue which came ...

Deerpath Capital opens local office

ELIZABETH FRY  |  MONDAY, 4 APR 2022
... return characteristics of senior secured direct lending," he said. Hasan added: "Deerpath's commitment to serving middle-market companies, combined with the firm's safety-first investment philosophy, complements Australian institutional investors' ...

Budget targets home ownership rates

TOM WATSON  |  TUESDAY, 29 MAR 2022
... Similar to the existing First Home Guarantee scheme, eligible buyers using the new scheme will be able to take out a home loan with a deposit as low as 5% without the need for mortgage insurance. Instead, the government will act as the guarantor for ...

Budget to back aspiring homeowners

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... to the Home Guarantee Scheme, which already exists. The Home Guarantee Scheme ensures part of an eligible buyer's home loan is guaranteed by the government, in theory enabling Australians to buy a home sooner with a smaller deposit and without needing ...

TCorp appoints financial markets lead

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
TCorp has added to its executive leadership team with the appointment of a general manager, financial markets. Rob Kenna takes on the role, promoted from head of funding and balance sheet. In the general manager position, Kenna will oversee the financial ...

Practice valuations to normalise: Report

JAMIE WILLIAMSON  |  THURSDAY, 24 MAR 2022
... principal and interest loans, if this does not continue, we may see an associated decrease in valuations in line with shorter loan period amortisation payback periods," the report reads. Based on the firm's experience in 2021, Centurion said the market ...