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Showing 1401 - 1410 of 1879 results for "lending"

Bail-out Plan B

BENJAMIN ONG  |  THURSDAY, 13 NOV 2008
... You read it right. US Treasury Secretary Henry Paulson announced that TARP would no longer purchase toxic assets from lending institutions. Instead, the US Treasury will use the remainder of the bail-out money (about US$350 billion) on buying preferred ...

Market Wrap - Morning

AAP  |  THURSDAY, 13 NOV 2008
... too much time, and the Treasury would rely instead on buying stakes in banks and encouraging them to resume more normal lending. Paulson also announced a new goal for the program to support financial markets which supply consumer credit in such areas ...

Banks to reprioritise IT spending

THESHEET.COM WITH ALEX DUNNIN  |  WEDNESDAY, 12 NOV 2008
... to customer retention, not financial performance. "Obviously some people will always complain about fee structures but lending institutions can take heart from the fact more than 40 per cent of respondents to the survey were happy with their performance," ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 12 NOV 2008
... Sentiment for November. The Australian Bureau of Statistics releases its labour price index data for the September quarter and lending finance data for September. Secretary to the Treasury Dr Ken Henry addresses the National Press Club in Canberra. MasterCard ...

Market Wrap - Morning

AAP  |  FRIDAY, 7 NOV 2008
... faces a deep and long lasting recession as the global financial crisis saps growth. The Bank of England slashed its key lending rate by a record 1.5 percentage points to 3.0 per cent while the European Central Bank cut its main lending rate by half a ...

The other race

BENJAMIN ONG  |  WEDNESDAY, 5 NOV 2008
... times Australian banks passed only a fraction of the rate reduction to their borrowers. The CBA, for instance, reduced its lending rate by only 58 basis points after the RBA announcement. Another reason is that lending standards have become tighter. ...

October mourn

BENJAMIN ONG  |  MONDAY, 3 NOV 2008
... of the government's promise of more tax cuts and increased spending. The People's Bank of China slashed its benchmark lending and deposit rates by 27 bps. The one-year lending rate is now down to 6.66 per cent and the deposit rate at 3.6 per cent. China ...

Citibank narrows retail product

WWW.THESHEET.COM  |  FRIDAY, 31 OCT 2008
Citibank has cut commercial mortgage lending and also personal instalment loans from its product offering. The bank will continue to concentrate on residential home loans and credit cards. Steve Ramage, head of mortgages, said the bank needed to invest ...

It's the war, stupid

BENJAMIN ONG  |  FRIDAY, 31 OCT 2008
In this current investment environment where fear reigns and uncertainty rules, it's the war that is lending a helping hand. The US Federal Reserve was unable to appease Wall Street yesterday with its 50 basis point reduction in the fed funds rate. ...

PIS campaign to reflect change

MICHELLE BALTAZAR  |  WEDNESDAY, 29 OCT 2008
... not just a financial planning group but also offers risk management, insurance, accounting, superannuation and mortgage lending services over the past decade. He thinks the campaign will help them appeal to the younger staff. "We wanted something for ...