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Showing 1431 - 1440 of 1884 results for "Lending"

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 ...

Market Wrap - Midday

AAP  |  FRIDAY, 26 SEP 2008
... cent, to $23.95. Macquarie Group was down 63 cents to $38.62 at 1205 AEST after announcing plans to sell its investment lending business in Australia. Ms Saly said Babcock & Brown was a stand-out performer, up 25 per cent on open. At 1206 AEST, it was ...

Global recession coming?

BENJAMIN ONG  |  FRIDAY, 26 SEP 2008
... US$234,900 in July. The inventory of unsold homes rose to a 10.9-month supply in the month from 10.3 months in July. Tighter lending standards and rising inventories suggest that house prices have yet to find a floor. Rising unemployment would not help ...

AEGON takes Lehman Bros hit

RUTH LIEW  |  THURSDAY, 25 SEP 2008
... The insurance company also has counter party exposure in Lehman Brothers through derivatives contracts and securities lending transactions. However, this exposure is either collateralised or on bankruptcy remote entities, claims AEGON. As a result, the ...

Super funds are not 'blameless'

MICHAEL HOBBS  |  THURSDAY, 25 SEP 2008
... MacDonald, said pension funds are not blameless in the current credit market fallout. "Who funds the hedge funds? If stock lending has been part of this crisis, then who's been doing the stock lending? I don't think we need to look very far to get the ...

The good and the bad

BENJAMIN ONG  |  WEDNESDAY, 24 SEP 2008
... government-sponsored, Exchange Stabilisation Fund, at a cost of US$700 billion. This allowed banks to resume and increase lending activity. US firms and corporations and households are again able to access credit and, because of the optimism over the ...