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Showing 1841 - 1850 of 6023 results for "Credit"

Moody's downgrades AMP

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 MAR 2020
... Level 3 eligible capital above minimum regulatory requirements of $2.5 billion at 31 December 2019." AMP said that all credit ratings assigned to AMP by other ratings agencies remain unchanged. In February last year Moody's downgraded the insurance ...

Afterpay coughs up $1.5m over US loans

ALLY SELBY  |  TUESDAY, 17 MAR 2020
... customers, the majority of which were "young consumers who are unable to qualify for traditional financing options like credit cards". "After an inquiry launched last year, the DBO concluded Afterpay had engaged in the business of a finance lender without ...

CBA in court over RC case studies

ELIZABETH MCARTHUR  |  MONDAY, 16 MAR 2020
ASIC has commenced proceedings against Commonwealth Bank over the AgriAdvantage Plus Package and credit services provided to problem gamblers. Both cases were Royal Commission case studies and are being pursued by the regulator in the Federal Court. ...

Financial regulators poised for action

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
... the Reserve Bank - said the regulators and government were working closely together to help ensure the availability of credit to households and businesses, and the effective operation of Australia's financial markets. The CFR said that while Australia's ...

Former Toys "R" Us executives face fraud charges

ALLY SELBY  |  MONDAY, 16 MAR 2020
... it tumbled into bankruptcy and then misrepresented TRU's financial situation to induce toymakers to provide goods on credit. Some toymakers lost almost everything." Private-equity firms KKR, Bain Capital and Vornado Realty Trust acquired the toy ...

US turns to QE, RBA to follow

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
... stresses and reduced liquidity in the treasury and securitised markets show that the Fed is determined to avoid a 'credit crunch' which could amplify the severity of this economic shock," Craig said. "Since September last year the Fed has shown ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... injected an outsized $8.8 billion into the financial system. Riksbank to lend US$51 billion to banks to maintain supply of credit to Swedish companies and Norges Bank cut its key rate by 50 bp to 1%, lowered the counter-cyclical capital buffer for banks ...

Early access to super scheme results in permanent ban

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
... Superfunded. His scheme enabled people to use their super to buy a home. ASIC has now banned Goldenberg from engaging in any credit activities and from performing any function involved in the engaging in of credit activities. Goldenberg and Superfunded ...

Moody's to give free research

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2020
Moody's have announced it is offering free research and views on the credit and economic impact of the coronavirus. It has launched a dedicated website that will be updated on an ongoing basis, bringing together insights from across the company, providing ...

Active managers: Opportunities abound

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2020
... fundamentals," Sharps said. "Over the course of the last week we've seen research notes come from our hundreds of equity and credit analysts around the globe highlighting emerging opportunities." Sharps said there are opportunities in securities that ...