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Showing 611 - 620 of 1881 results for "Lending"

Outlook darkens for bank stocks

KANIKA SOOD  |  THURSDAY, 31 MAY 2018
... Federal Election in April/May could spur the government to adopt the RC recommendations especially regarding responsible lending, tightening credit conditions for banks. UBS has cut the 12-month rating for Westpac to sell from neutral since its last ...

Mutual expands wealth management leadership

HARRISON WORLEY  |  THURSDAY, 31 MAY 2018
... today represents more than $20 billion in investment, advice, trustee services, property development, debt and commercial lending," Bryant said. "Emily's appointment is about augmenting our structured finance expertise in line with our larger role in ...

Chief economist update: Erdogan's Turkey is cooked

BENJAMIN ONG  |  FRIDAY, 25 MAY 2018
... key interest rates unchanged - overnight repo rate at 7.5%; one week repo rate at 8% - it lifted its liquidity window lending rate by 300 basis points to 16.5% that followed a 75 bps hike on April 26. The "emergency" move was aimed (like in Argentina) ...

State Street announces fixed income appointment

KANIKA SOOD  |  TUESDAY, 22 MAY 2018
The Sydney office of State Street is welcoming a fixed income lending trader from London. In an internal transfer, joining the State Street securities finance team in Asia Pacific is Robin Kidman. Kidman relocated from London for the job this month. ...

Private debt attractive for instos: Sahota

KANIKA SOOD  |  FRIDAY, 18 MAY 2018
... key ratios - like debt service ratio or leverage ratio - fall below a certain level, managers may be able to renegotiate lending terms, protecting their clients' money. Sahota's team pitched five reasons to invest in private debt: low correlation to ...

Macquarie merges private wealth businesses

KANIKA SOOD  |  THURSDAY, 17 MAY 2018
... the bank's private wealth and banking business will have no impact on BFS's retail banking strategy which includes home lending, deposits and credit card solutions for consumer clients. Macquarie head of wealth management Bill Marynissen said concentrating ...

ANZ insto property head joins $2.3bn debt manager

HARRISON WORLEY  |  WEDNESDAY, 16 MAY 2018
... platform." "MaxCap is strategically positioned to fill the current funding gap, as the banks loosen their hold on CRE lending," Law said. MaxCap managing director Wayne Lasky added: "Eddie has extensive industry experience and a successful track record ...

Australian Ethical divests AMP

ALEX BURKE  |  THURSDAY, 10 MAY 2018
... will see all the hearings completed, and in doing so see more from Westpac and NAB - in particular their small business lending - and after that, let's see what comes out of it. That's the plan, but if information arises with the same seriousness as ...

Chief economist update: Prudence, patience and persistence

BENJAMIN ONG  |  FRIDAY, 27 APR 2018
... of inaction. The eurozone's interest rates haven't changed - repo rate at 0.0%; deposit facility at -0.40% and marginal lending facility at 0.25% - since the ECB cut them all back in March 2016 from 0.05%, -0.30% and 0.30%, respectively. "Regarding non-standard ...

Alternative finance the option for millennials

DARREN SNYDER  |  MONDAY, 16 APR 2018
... money must plan for larger exposure to alternative finance options as the generation tops Australia's user list of online lending products. Speaking at the AltFi Australasia Summit in Sydney today, OnDeck chief executive Noah Breslow said he can see ...