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Showing 1421 - 1430 of 1879 results for "lending"

Market Wrap - Midday

AAP  |  THURSDAY, 9 OCT 2008
... delivered, but it doesn't actually deliver any money for some weeks while they get themselves set up. "The banks are still not lending to each other so the markets are still wary. "That's why our market hasn't jumped like, perhaps, some of the optimists ...

Fin lit survey highlights deficit

MICHAEL HOBBS  |  THURSDAY, 9 OCT 2008
... Smith, ANZ chief executive. "Added to this, the current global financial turmoil highlights the importance of responsible lending, good advice and sound money management." Almost nine in 10 respondents with a high level of financial literacy understood ...

The global recession we have to have

BENJAMIN ONG  |  THURSDAY, 9 OCT 2008
... debt deflation is well underway as consumers, businesses and investors reduce their credit demands at the same time that lending institutions tighten standards and hoard cash. More firms will hit the wall, jobs will be lost and overall economic activity ...

CBA buys BankWest and St Andrews

MICHAEL HOBBS  |  WEDNESDAY, 8 OCT 2008
... also integrated into the group. BankWest retail banking business represents more than 860,000 customers, $28 billion in lending assets of and $15 billion in deposits. Commonwealth Bank is reviewing BankWest's retail banking east coast expansion plan ...

Fed to bail-out corporate paper

BENJAMIN ONG  |  WEDNESDAY, 8 OCT 2008
... Reserve statement, the New York Times reported that, "This facility should encourage investors to once again engage in term lending in the commercial paper market. An improved commercial paper market will enhance the ability of financial intermediaries ...

Fed on Zero Interest Rate Policy?

BENJAMIN ONG  |  TUESDAY, 7 OCT 2008
... institutions, but with investors now dumping their stocks and earnings decelerating, banks would still need to cut back their lending and sell more assets to increase their capital-asset ratios. The way things are, banks now could sell their assets to ...

UBank brand not quite ready for NAB

WWW.THESHEET.COM  |  FRIDAY, 3 OCT 2008
... well as funding on commercial terms (through the deposit market or through the NAB treasury) when it's ready to introduce lending products. Greg Sutherland, is executive general manager of Star Direct and marketing while Gerd Schenkel is general manager ...

Govt overhauls consumer credit regulation

MICHELLE BALTAZAR  |  FRIDAY, 3 OCT 2008
... credit, including a national licensing regime for all credit providers such as mortgage brokers and new rules on margin lending and reverse mortgages. Today the Government said it will spend $71 million under a two-phase action plan to clamp down on ...

Macq to sell investment lending arm

MICHELLE BALTAZAR, MICHAEL HOBBS  |  FRIDAY, 26 SEP 2008
While St.George's margin lending division will try to ride the tough markets, the credit crunch has taken its toll on one of its key rivals with Macquarie Bank in talks to find a partner for its $3 billion loan book. In an ASX statement, Macquarie said ...

LGSS affected by shorting ban

RUTH LIEW  |  FRIDAY, 26 SEP 2008
... "[As a result of the ban], we won't be able to carry out that overlay," he said. Finally, LGSS participates in a stock-lending program via its custodian, JPMorgan. Turnbull however said they are "very careful" as to what sort of security they hold over ...