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Showing 501 - 510 of 1875 results for "lending"

Court dismisses Westpac lending practice case

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
The Federal Court has dismissed ASIC's case against Westpac, alleging it breached responsible lending practices for home loans. ASIC alleged that between December 2011 and March 2015, the bank failed to properly assess whether borrowers could meet repayment ...

Fintech off to slow start in 2019: KPMG

KRISTI CHENG  |  TUESDAY, 6 AUG 2019
... 1H'19, particularly in more mature markets such as US, Germany, the UK, and fintech verticals. In sectors like payments and lending, investors have a good sense of platforms that will be sustainable, and directed their investments accordingly. In Europe ...

Document leak puts NAB under the pump

HARRISON WORLEY  |  FRIDAY, 2 AUG 2019
... remediate customers for in the future. According to the news report Henry was "confident" the bank's then practice of lending money to self-managed super funds for the purpose of investing in managed funds would need to be remediated in the future. ...

Boutique manager hires investment banking expert

KARREN VERGARA  |  THURSDAY, 1 AUG 2019
... Tim Addison will help the non-bank corporate lender in the areas of project and infrastructure transactions, corporate lending and commercial real estate assets. Addison also joins as an investment director. He previously served in senior roles at ANZ ...

Suncorp responds to shareholder resolution

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUL 2019
... being less than 0.5% in the insurance business and investment portfolio, and a negligible proportion of our commercial lending portfolio. Suncorp doesn't finance fossil fuel projects as it doesn't have an institutional bank." The spokesperson added that ...

Suncorp pressured on coal

ELIZABETH MCARTHUR  |  THURSDAY, 25 JUL 2019
... being less than 0.5% in the insurance business and investment portfolio, and a negligible proportion of our commercial lending portfolio. Suncorp doesn't finance fossil fuel projects as it doesn't have an institutional bank," the spokesperson ...

Super fund invests through RateSetter

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
... over a number of years for their investment - functioning similarly to a term deposit. RateSetter's National Clean Energy lending market allows people to apply for the loans to purchase solar panels and batteries. RateSetter targets retail investors ...

Aussie HNWIs slip down global rankings

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
... quiet optimism. "With property markets now seemingly to have bottomed, a reduction in the cash rate, relaxation on APRA lending affordability guidelines, investor friendly government policy reassured and tax incentives in place to encourage consumer ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
... borrowing costs alone is sufficient to prod Australians, all, ramp up consumer spending - particularly with local banks and lending institutions passing forward only a fraction of the RBA's recent rate reductions.

Suncorp named Bank of the Year

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUL 2019
... multiple product lines and services including home loans, investment loans, credit cards, business banking, investment lending and mobile banking. Customer satisfaction was also considered, using Roy Morgan data over the 12-months to March 2019. Money ...