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Showing 201 - 210 of 587 results for "Lenders"

ANZ sells life insurance business for $2.85 billion

ALEX BURKE  |  TUESDAY, 12 DEC 2017
... Zurich will own 100% of One Path Life Australia Holdings (OPL), but ANZ will retain its New Zealand business along with its lenders mortgage insurance, general insurance distribution and financial planning arms. ANZ noted that as at 30 September 2017 ...

Banks feeling heat as MiFID II looms: Liquidnet

ALEX BURKE  |  MONDAY, 4 DEC 2017
... well-capitalised. The big US banks are going to everything they can to kill those banks and push them back into being regional lenders." Merrin cautioned that one shouldn't shed a tear for any regional players who lose out post-MiFID II, though, arguing ...

OECD tells RBA to take a hike

BENJAMIN ONG  |  WEDNESDAY, 29 NOV 2017
... point hike could trigger an outsized fall in the housing market (probably on expectations for more). This would affect lenders and ancillary sectors servicing the industry - bricklayers, painters, household furnishings, conveyancers, etc. - sending profits ...

No big deal or not yet?

BENJAMIN ONG  |  MONDAY, 27 NOV 2017
... In particular, last week, banking regulators prepared a new set of rules to oversee the relationship between commercial lenders and their shareholders. Authorities have also introduced other measures, such as restrictions in loans to the shadow banking ...

Broker popularity on the rise: Research

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2017
... difficulties. Further, 30% of investors have either switched or intend to switch to principal and interest repayments given lenders are charging higher interest rates on interest-only loans. Thirty-six per cent have no intention to switch. Overall, the ...

ANZ splits OnePath businesses, revamps life insurance team

KARREN VERGARA  |  TUESDAY, 17 OCT 2017
... million; life company products which include group and individual insurance; ANZ Financial Planning of 286 advisers; and Lenders Mortgage Insurance. ANZ said it continues to invest in its life insurance with the creation of three new senior positions. ...

Westpac chair joins boutique manager board

KARREN VERGARA  |  MONDAY, 18 SEP 2017
... Australia. He is also the chair of Westpac Life Insurance Services, St George Life, Westpac General Insurance and Westpac Lenders Mortgage Insurance Services. Griffiths' 30 year of financial services experience include serving in non-executive director ...

Australian property love affair cannot please everyone

BENJAMIN ONG  |  FRIDAY, 30 JUN 2017
... demand for credit has a direct bearing on interest rates. If the demand to borrow money exceeds the supply of willing lenders, interest rates rise. If credit demand falls and lenders are competing for customers, they may offer lower interest rates to ...

Zagga pitches alternative asset class

EMMA RAPAPORT  |  FRIDAY, 30 JUN 2017
... Financial Services Licence and an Australian Credit Licence, Zagga hopes to differentiate itself from other marketplace lenders by providing a lending platform where all loans will be secured by a registered mortgage against real property. Additionally ...

Open data carries privacy risk: ABA

KARREN VERGARA  |  TUESDAY, 18 APR 2017
... innovating, which doesn't necessarily deliver positive outcomes for consumers. She used the need for regulation around payday lenders that ask for access to bank accounts as an example. "What we don't worry about is that those payday lenders are then ...