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Showing 321 - 330 of 1874 results for "lending"

Lending curbs to impact housing market

ELIZABETH MCARTHUR  |  THURSDAY, 30 SEP 2021
... to cool the Australian housing market in 2017 the stated aim was clearly to quell the risks of too much interest-only lending, especially to investors, which had become very prevalent at that time," Wargent said. "Those aims were achieved, and interest-only ...

InvestSMART launches installment investment product

KANIKA SOOD  |  MONDAY, 13 SEP 2021
... high-balance clients with low-balance clients," Hodge said. "There's other [considerations] with respect to the peer-to-peer lending products as to how do we structure it, whether we do it through a retail corporate note or something." He said fundlater ...

Pinnacle acquires third-party distributor

KANIKA SOOD  |  THURSDAY, 9 SEP 2021
... Asset Management before he co-founded Winston. Winston's manager partners include PrimeWest, Corval, Epsilon Direct Lending, Realside, Monash Investor's and Coolabah's Smarter Money Investments. In the past it has worked with French quant ...

Apollo expands in Australia, acquires fund manager stake

KARREN VERGARA  |  THURSDAY, 9 SEP 2021
... co-president Scott Kleinman said: "We're thrilled to strategically partner with MaxCap, a leader in the non-bank real estate lending space with a standout reputation." "This is an exciting opportunity to expand our origination capabilities, support the ...

NAB partners with life insurance, advice provider

ANNABELLE DICKSON  |  FRIDAY, 3 SEP 2021
... healthcare professionals. NAB's Medfin Finance team signed a 10-year strategic partnership agreement with Avant Mutual and its lending subsidiary, Kooyong Group. Avant Mutual provides medical indemnity insurance, life insurance, financial advice and ...

Moelis Australia reports record results

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... rebranded to MA Financial Group, reported a 61% increase in its statutory EPS as asset management, corporate advisory and lending performed strongly. For the six months ending June, underlying earnings per share were 16.3 cents (up 92% from June half ...

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... advice business. The year to June 30 saw CBA's net profit after tax grow almost 20% to $8.7 billion, driven by business lending, home lending and household deposits. Remediation costs totalled $575 million for the period, of which $326 million relates ...

NAB to buy Citigroup's Australian consumer banking business

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
... will pay Citigroup cash for the net assets and a premium of $250 million. Citigroup's consumer banking business includes lending assets of $12.2 billion (including $7.9 billion in residential mortgages and $4.3 billion in unsecured lending) and deposits ...

Booming market for financial services jobs

ELIZABETH MCARTHUR  |  TUESDAY, 10 AUG 2021
... recruitment assignments were completed within funds management, with the remainder across superannuation, insurance, private lending, and wealth management. The firm said there was strong demand in investment research, investment operations, ESG/responsible ...

AMP hires in support of advisers, brokers

ELIZABETH MCARTHUR  |  TUESDAY, 3 AUG 2021
... bolstering distribution and governance support for AMP's brokers and financial advisers. Herbert was previously head of lending distribution at MyState Bank, and prior to that, chief executive at The Rock Building Society. He has also held roles at Westpac ...