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Showing 121 - 130 of 586 results for "Lenders"

Junk insurance lands Westpac in court

KARREN VERGARA  |  THURSDAY, 8 APR 2021
... efficiently, honestly and fairly," court documents read. The action follows ASIC's investigation of 11 major banks and other lenders selling junk insurance. ASIC deputy chair Karen Chester said the investigations in late 2018 and 2019 found lenders had ...

360 Capital to raise $93m

ELIZA BAVIN  |  FRIDAY, 19 MAR 2021
... managing Australian and New Zealand debt investments. Currently, Dealt's electronic marketplace has 67 Australian non-bank lenders and 485 brokers signed up to its platform. In a letter to shareholders and investors, 360 Capital chair David van Aanholt ...

QBE appoints local chief executive

KANIKA SOOD  |  TUESDAY, 2 FEB 2021
... Sydney-based role in August. Houghton is currently Westpac's managing director for insurance across three units: life insurance lenders mortgage insurance and general insurance. Prior to this she worked as Arthur J Gallagher's chief financial officer ...

Best, worst investment ideas for 2021: ARK

ELIZABETH MCARTHUR  |  TUESDAY, 2 FEB 2021
... services ARK predicts that traditional banks are facing sizeable risks from digital wallets like Alipay and Venmo and digital lenders like Klarna. Venmo, which is owned by PayPal, amassed roughly 60 million active users in the last 10 years - a milestone ...

WTW appoints Australia segment head

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... including credit and non-payment insurance, political risk insurance, commercial surety, terrorism and political violence, and lenders insurance advisory. Garvey first worked at WTW in 2012 and returns after working with three major insurance brokers. ...

New property fund launches

ELIZABETH MCARTHUR  |  FRIDAY, 16 OCT 2020
... few years, including increased liquidity restrictions, have accelerated the recognition of non-banks as viable market lenders. The subsequent outbreak of COVID-19 has placed further constraints on traditional lenders," Fowler said. "Even in this volatile ...

Responsible lending laws to be revoked

ANNABELLE DICKSON  |  FRIDAY, 25 SEP 2020
... elements of APRA's ADI lending standards and apply them to non-ADIs. Other key elements of the reforms include allowing lenders to rely on the information provided by borrowers, replacing the current practice of 'lender beware' with a 'borrower responsibility' ...

Liberman firm backs non-bank lender

KANIKA SOOD  |  TUESDAY, 22 SEP 2020
... observers by surprise, but the truth is that Government support for our sector has really empowered technology enabled lenders," Yakutiel said. "Policies such as the government guarantee scheme and the support from the Australian Office of Financial ...

CoreLogic appoints financial services solutions head

ANNABELLE DICKSON  |  MONDAY, 7 SEP 2020
... risk analyst at GE Money and a credit analyst at Royal and Sun Alliance. Commenting on his appointment, Vassiliev said lenders are operating in a challenging environment and increased hardship provisions and loss mitigation activities is putting pressure ...

Banks to be questioned on COVID-19 response

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... fairly during what is a difficult time for many Australians." Wilson said he is interested in ensuring the nations large lenders have done all they can to support the economy during Australia's first recession since 1991. "We are also keen to hear about ...