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Showing 571 - 580 of 2174 results for "Mortgage"

Westpac names independent director

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
... director of China Construction Bank Corporation, Hong Kong Exchanges and Clearing, Hang Lung Properties and the Hong Kong Mortgage Corporation. Fung is also an independent non-executive member of the Airport Authority Hong Kong Board and sits on the ...

Westpac ditches SMSF lending

KARREN VERGARA  |  TUESDAY, 17 JUL 2018
Westpac will terminate its self-managed superannuation fund loan offering at the end of this month. Customers wanting to use SMSFs to borrow and purchase residential investment property in Australia will have to look elsewhere. The bank and its subsidiaries ...

Investors sharpen watch on RMBS

KANIKA SOOD  |  MONDAY, 9 JUL 2018
Issuance of residential mortgage-backed securities hit record levels in Australia last year, led by non-bank lenders. And even though the residential mortgage-backed security pool is ripe for picking by fixed income and debt managers, challenges surround ...

Cash is cash, APRA tells super funds

KANIKA SOOD  |  MONDAY, 2 JUL 2018
... bonds and hybrid debt instruments among others. APRA's review found cash options had exposure to asset-backed and mortgage-backed securities, commercial bonds and hybrid debt instruments, credit-default swaps, loans and other credit instruments - ...

CBA to demerge CFS, mulls further CommInsure sell-off

JAMIE WILLIAMSON  |  MONDAY, 25 JUN 2018
... demerger, so that they can participate in the performance of the CFS Group," he said. He added that the wealth management and mortgage broking businesses are each high-quality franchises. "With innovation and disruption in wealth management increasingly ...

Former NAB adviser permanently banned

HARRISON WORLEY  |  FRIDAY, 8 JUN 2018
... adviser at NAB, focusing on the period between March and December 2016. However, the investigation expanded to probe a mortgage broking business Eung incorporated after his time at NAB. The regulator added Eung became a credit representative to provide ...

Technical Services Forum looks at tax and aged care

KANIKA SOOD  |  FRIDAY, 8 JUN 2018
A room full of finance professionals tackled tricky case studies at the Challenger Financial Standard Technical Forum in Sydney yesterday afternoon. Technical services professionals from IOOF and BT Financial Group presented case studies based on two ...

Pengana partners with credit boutique

KANIKA SOOD  |  FRIDAY, 1 JUN 2018
Pengana Capital, which specialises in listed equities, is acquiring a minority stake in a boutique credit investment manager that offers credit funds for high-net-worth investors. Global Credit Investment (GCI) is a specialist fixed income and credit ...

Outlook darkens for bank stocks

KANIKA SOOD  |  THURSDAY, 31 MAY 2018
... substantially by a 2-3% compound, and credit impairment charges rise significantly as the credit cycle turns. Class actions for mortgage mis-selling also present litigation risks as a tail risk in UBS's downside scenario. "The housing market is slowing ...

Netwealth affirms value of financial literacy

HARRISON WORLEY  |  WEDNESDAY, 23 MAY 2018
Netwealth sponsored financial literacy program Banqer has partnered with 150 schools to deliver financial education to Australian children. Just over a year since the partnership between the platform provider and Banqer began, the program has reached ...