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Showing 121 - 130 of 1873 results for "lending"

Non-bank lender sued for dodging Credit Code

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
... treated as unregulated, we allege Oak Capital deprived its clients of important consumer protections, including responsible lending obligations, the right to make a hardship application and protection from being charged excessive fees and interest." ...

Barings brings first Australian private credit fund to life

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
... private credit in North America and Europe, including exposure to high-quality borrowers, but with less competition for lending opportunities, geographical diversification and exposure to expanding developed economies such as Australia, New Zealand ...

Citi Australia snags J.P. Morgan executive

MATTHEW WAI  |  WEDNESDAY, 23 OCT 2024
... risk management and will be responsible for managing portfolio risks, as well as providing oversight of the company's lending and counterparty credit risk activities, Citi said. Commenting, McAlpine said: "I am delighted to be joining Citi and look forward ...

Dinimus appoints new head of distribution

ANDREW MCKEAN  |  TUESDAY, 22 OCT 2024
... credit fund manager Dinimus has filled its newly created head of distribution role. The firm, which is focused on corporate lending in Australia and New Zealand, has hired Nigel Credlin, who most recently served as a partner and wealth advisory director ...

ECB drops interest rates to 3.25%

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
... points to 3.25%. The decision affects three key areas: the deposit facility, main refinancing operations, and marginal lending facility, which will decrease to 3.25%, 3.40%, and 3.65% respectively from October 23. The ECB's Governing Council said its ...

AustralianSuper expands US footprint, names executives

KARREN VERGARA  |  FRIDAY, 4 OCT 2024
... Americas, having served as head of European private credit since 2020. Limpalaër was previously the director of real estate lending at Aeriance based in London and held senior positions at Morgan Stanley, Barclays Capital, and Societe Generale. Reporting ...

AMP Advice expands network

MATTHEW WAI  |  THURSDAY, 3 OCT 2024
... network. The company boasts expertise in financial advice, estate planning, wealth management, accounting, business and lending advisory. The group provides tailored advice to support the needs of companies in all scale, as well as both residential and ...

Citigroup, Apollo partner in private credit push

KARREN VERGARA  |  MONDAY, 30 SEP 2024
Citigroup and Apollo Global Management have partnered to create a US$25 billion private credit, direct lending program. The program, which aims to finance debt opportunities over the next several years for private equity and corporate clients, will ...

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... said. "Despite this, home buyers in Australia have been subjected to more than a decade of additional restrictions on lending that have reduced competition among banks issuing loans, especially for first home buyers." Reardon said mortgage arrears in ...

BlackRock revamps private credit business

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
... "one of the firm's top priorities" and it intends to become a leader in the space. BlackRock is creating a Global Direct Lending business within its existing private debt function as it looks to capitalise on the space's rapid growth. By doing so, BlackRock ...