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Showing 1411 - 1420 of 1884 results for "Lending"

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 ...

I'll have what she's having

BENJAMIN ONG  |  MONDAY, 27 OCT 2008
... loan the government has provided. Five weeks after the government bail-out, it has already spent US$90.3 billion of the lending facility. The US Treasury is reportedly still deliberating on whether to expand TARP's coverage to include these institutions. ...

This too shall pass

BENJAMIN ONG  |  FRIDAY, 24 OCT 2008
... longer? Whatever the answer, it will get more painful as the months pass -- as more people join the ranks of the unemployed, lending standards are tightened and debt levels are reduced, businesses closed, asset prices fall, and whole economies contract. ...

Grant Samuel Epoch tops global shares survey

MICHELLE BALTAZAR  |  THURSDAY, 23 OCT 2008
... show operational efficiences, have capital expense under control and can properly manage their cashflow at a time when lending to fund their growth or operations has dried up. Using FCF metrics, Watt believes there are now many cashflow-rich companies ...

Three wise economists

BENJAMIN ONG  |  TUESDAY, 21 OCT 2008
... 10 days ago, the overnight USD Libor rate was trading at 388 basis points above the Fed's target rate. While overnight lending rates have cheapened, the USD Libor rate/fed funds rate spread beyond overnight remains expensive. The one-week USD Libor spread ...

Macq inv lending sale won't hit Lever

MICHAEL HOBBS  |  TUESDAY, 14 OCT 2008
Macquarie Bank's decision to sell its $3 billion investment lending arm is not expected to affect its Self Managed Super Fund (SMSF) leveraged property product, Property Lever. Dean Firth, Macquarie relationship banking executive director, said the ...