Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 191 - 200 of 1873 results for "lending"

Bell Financial Group welcomes group head of sales

CASSANDRA BALDINI  |  MONDAY, 20 NOV 2023
... range of products, services, and technology solutions. Such solutions include equities execution and clearing, margin lending, structured loan products, portfolio administration services, personal superannuation solutions and third-party clearing services ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... mortgage rates are not fun and very difficult to deal with. However, there has never been a more competitive time for lending and deposits," he told Financial Standard. "So, while we are seeing big top-line figures, it's important to remember that ...

ANZ rakes in $7.4bn profit

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... retail business. Australia Commercial was its highest returning division and delivered 11% revenue growth in the year while lending grew to a record high of $62 billion. According to Elliott, deposits also grew, demonstrating an underlying resilience ...

Challenger expands strategic relationship with Apollo

CASSANDRA BALDINI  |  THURSDAY, 9 NOV 2023
... overall returns. In 2022, Apollo directly originated approximately US$100 billion of assets, primarily senior and secured lending opportunities. Challenger stated that the partnership will provide it access to origination flows, co-investment prospects ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... chief executive Peter King said. The Specialist Businesses Division, which operates BT Panorama, Westpac Pacific, margin lending, and retail auto finance, contributed $605 million in profit. Since its formation in May 2020, the division divested 10 business ...

La Trobe reveals global strategy, partners

CASSANDRA BALDINI  |  THURSDAY, 2 NOV 2023
... "We are pleased to be providing access to that market to Australian investors through the world's best mid-market direct lending platform in Morgan Stanley." Meanwhile, Morgan Stanley senior managing director Jacques Chappuis added the firm is pleased ...

NAB commits to $1bn of lending to boost First Nations businesses

CASSANDRA BALDINI  |  TUESDAY, 31 OCT 2023
NAB is ramping up its support of First Nations businesses, setting a $1 billion lending target over the next three years. The commitment will see NAB's funding of First Nations businesses and community organisations jump by 140% from its current ...

EG grows private wealth strategy

CHLOE WALKER  |  THURSDAY, 26 OCT 2023
... slowing down, as fund managers swoop in on the opportunities a rapidly rising interest rate environment presents. "As lending declines from the major banks, we have recognised a funding gap within the market," Walt said on the joint venture. "That's ...

Pepper Money launches SMSF loan offering

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
... loans to self-managed superannuation funds (SMSFs) to purchase or refinance residential and commercial properties. With lending options up to $3 million, the 'super smart' loans are designed for SMSFs wanting to purchase or refinance an existing property ...

Alternatives to top $33tn by 2028

CASSANDRA BALDINI  |  WEDNESDAY, 18 OCT 2023
... to a gradual recovery in fundraising activity," he said. "Softer investor sentiment is creating opportunities in direct lending, secondaries, and real assets in particular. The longer-term fundamentals behind the growth of the private markets remain ...