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Showing 31 - 40 of 65 results for "Asset Finance"

ANZ halts asset secured loans to retail customers

KANIKA SOOD  |  MONDAY, 19 MAR 2018
ANZ will stop issuing new secured asset finance loans to retail customers, as the bank conducts an internal review of the business. New loans will cease from 30 April. "Given the increased technology costs required to effectively compete in the secured ...

Warne flags executive reshuffle at Macquarie AGM

ALEX BURKE  |  THURSDAY, 27 JUL 2017
... around 70% - was driven by Macquarie's "annuity-style businesses": Macquarie Asset Management (33%), Corporate and Asset Finance (25%) and Banking and Financial Markets (11%). Its capital markets-facing businesses - Commodities and Global Markets and ...

ANZ unloads UDC Finance

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JAN 2017
... to simplify its business, the bank announced it has entered a NZ$660 million agreement with HNA Group to sell the asset finance firm - a wholly owned subsidiary of ANZ Bank New Zealand. Commenting on the sale, ANZ New Zealand chief executive David Hisco ...

Macquarie reports $1bn net profit

ALEX BURKE  |  FRIDAY, 28 OCT 2016
... down from the $2.40 ordinary dividend declared in 2H16. Collectively, Macquarie Asset Management, Corporate and Asset Finance and Banking and Financial Services, which account for 70% of the group's performance, contributed $1.6 billion to the 1H17 profit. ...

CBA partners to finance clean energy

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2016
... meet the CEFC's standards. For assets ranging from $10,000 to $5 million, a 0.7% discount on the bank's standard asset finance rate will apply. Investments eligible for the discount include a broad range of fuel efficient vehicles, energy efficient lighting ...

Macquarie reports annuity business profit dips

ALEX BURKE  |  THURSDAY, 4 FEB 2016
... and an increase in its capital markets-facing businesses. Specifically, Macquarie Asset Management, Corporate and Asset Finance and Banking and Financial Services reported a combined net profit which was down on the previous quarter. Macquarie's statement ...

Macquarie profit beats forecast

MARK SMITH  |  FRIDAY, 8 MAY 2015
... 31 March 2015 saw Macquarie's annuity-style businesses - which include Macquarie Asset Management, Corporate and Asset Finance and Banking and Financial Services - deliver combined net profit contribution up 4% on the first half and up 29% on the second ...

Macquarie Funds Group rebrands, increases FUM by $30 billion

ALEX BURKE  |  WEDNESDAY, 18 FEB 2015
... institutional mandates across 14 strategies in six countries. Macquarie's other "annuity-style businesses" - Corporate and Asset Finance (CAF) and Banking and Financial Services (BFS) - also reported modest growth in key areas: lending and asset portfolio ...

Macquarie announces $678m profit, appoints director

JAMES FERNYHOUGH  |  FRIDAY, 31 OCT 2014
... per cent on 1H14 and up 23 per cent on 2H14." The annuity-style businesses include Macquarie Funds, Corporate and Asset Finance and Banking and Financial Services. Moore continued: "Macquarie's capital markets facing businesses' (Macquarie Securities ...

BOQ completes acquisition of specialist Investec business

MARK SMITH  |  FRIDAY, 1 AUG 2014
BOQ has officially completed its acquisition of Investec Australia's professional finance and asset Finance & leasing businesses. The asset finance & leasing business will merge with the existing BOQ Finance team. "This acquisition expands our business ...