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

Search Results

Showing 451 - 460 of 2617 results for "Loan"

Energy leads top stock picks: Morningstar

ANNABELLE DICKSON  |  THURSDAY, 7 OCT 2021
... interest margins and profits for major banks. From the sector, Morningstar's top picks were Westpac for its high-quality loan book, Challenger as it trades at an attractive discount to fair value estimate and Magellan Financial Group for being highly ...

Lending curbs to impact housing market

ELIZABETH MCARTHUR  |  THURSDAY, 30 SEP 2021
... first homebuyers and single income earners out of the market, at the expense of higher-income upgraders and joint income loan applicants."

FSC suggests CSLR improvements

KARREN VERGARA  |  MONDAY, 20 SEP 2021
The Financial Services Council has highlighted numerous holes in the Compensation Scheme of Last Resort in a bid to prevent financial advisers that "have done nothing wrong" from paying for the scheme. The FSC is calling on corporate regulator ASIC ...

Former adviser banned after super theft

JAMIE WILLIAMSON  |  FRIDAY, 17 SEP 2021
A former financial adviser that was sentenced to six years' prison in May has now been permanently banned by ASIC. Ross Andrew Hopkins was permanently banned after being convicted of 15 dishonesty offences and misappropriating close to $3 million in ...

Criminal charges filed against CBA

ELIZABETH MCARTHUR  |  FRIDAY, 17 SEP 2021
... consumer credit insurance, with the bank to plead guilty. The charges relate to CBA's promotion and sale of CreditCard Plus and Loan Protection policies as an add-on insurance product in branches, by telephone and online. ASIC alleges that between 2011 ...

BNP Paribas takes stake in asset manager

ANNABELLE DICKSON  |  THURSDAY, 16 SEP 2021
... originates through its own online platform, bijBouwe, and other channels. It also offers origination and management of granular loan portfolios, to source personal loans and SME loans for its diversified loan strategy. Following the acquisition, Dynamic ...

ME Bank faces criminal charges

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... in Federal Court, facing criminal charges for allegedly making false and misleading representations in letters to its home loan customers. It is also alleged that the bank failed to provide written notice about annual interest rate and repayment amount ...

PNG regulator denies Westpac Pacific sale

ANNABELLE DICKSON  |  TUESDAY, 14 SEP 2021
Papua New Guinea's consumer regulator, the Independent Consumer and Competition Commission (ICCC), has denied Westpac's sale of its Pacific business to Kina Securities. Kina Securities was set to pay $420 million for Westpac Fiji and 89.91% of Westpac ...

InvestSMART launches installment investment product

KANIKA SOOD  |  MONDAY, 13 SEP 2021
The robo-adviser's new investment product allows lower-balance investors to invest $10,000 now in ETF portfolios with a $4000 initial investment, with the rest split into monthly installments. InvestSMART's fundlater loans the investor the remaining ...

Apollo expands in Australia, acquires fund manager stake

KARREN VERGARA  |  THURSDAY, 9 SEP 2021
Apollo Global Management announced it will take a 50% stake in an Australian commercial real estate fund manager. New York Stock Exchange-listed Apollo will become part owner of Melbourne-based MaxCap Group but did not disclose how much it paid for ...