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Showing 681 - 690 of 1883 results for "Lending"

Hedge fund takes over Slater and Gordon

ALEX BURKE  |  MONDAY, 4 SEP 2017
... Gordon is set to be taken over by a consortium of hedge funds. The consortium, led by Anchorage Capital, have committed to lending a further $50 million in working capital to the troubled firm in exchange for 95% ownership of the local business and sole ...

CBA commits to bond-structured climate change solutions

EMMA RAPAPORT  |  WEDNESDAY, 30 AUG 2017
... global warming to below two degrees, it has loaned $6 billion to fossil fuels, more than four times its renewable energy lending. The group also claims that the bank financed several new fossil fuel projects that, over their lifetimes, would add another ...

ASIC flags stronger adviser surveillance

KARREN VERGARA  |  WEDNESDAY, 23 AUG 2017
... its biyearly enforcement outcomes report. The most prevalent misconduct within financial services related to credit and lending (59%), followed by other miscellaneous misconduct (30%), dishonest conduct and misleading statements (8%), and theft, fraud ...

Former investment bankers behind new platform

JAMIE WILLIAMSON  |  THURSDAY, 10 AUG 2017
... access to a unique secondary market in which units can be traded with other investors on the platform. "Our partnering lending model allows us to access the billions of dollars in investment funds seeking highly prospective projects that were previously ...

Class action on the cards for ASX healthcare firm

ALEX BURKE  |  TUESDAY, 1 AUG 2017
... proposed class action is open to shareholders who purchased Sirtex shares from 24 August to 9 December 2016. Litigation Lending Services chief executive Stuart Price said that his firm will fund the claim assuming sufficient shareholder interest. Over ...

Australian businesses lift borrowing

BENJAMIN ONG  |  TUESDAY, 1 AUG 2017
... for June. Even though housing remains the bigger credit component with 62% of total credit as against 33% for business lending, faster growth in business lending has strong positive multiplier effects on the economy in terms of investment in building ...

DomaCom to ease issue of retirement funding

JAMIE WILLIAMSON  |  FRIDAY, 28 JUL 2017
Fractional property investment platform DomaCom has signaled a move into reverse mortgage lending, confirming it is developing a senior equity release product to be available before 2018. In its quarterly update DomaCom outlined its plans for a senior ...

In-house investment bears fruit for AustralianSuper

DARREN SNYDER  |  FRIDAY, 28 JUL 2017
... in corporate credit previously and we're just building what will, in time, be a sizeable portfolio," Silk said. "We are lending direct to a number of organisations - Visy and National Storage being a couple of them. We're also finding that corporates ...

APRA sets new capital target for the big four

ALEX BURKE  |  WEDNESDAY, 19 JUL 2017
... supervision by APRA," Byres said. APRA's finalised target follows the regulator expressing concerns regarding the banks' risky lending practices in March, noting that lending on interest-only terms represented about 40% of the stock of residential mortgage ...

Macquarie leads alternatives pack

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2017
... said: "As capital supply and competition have increased in some segments of the illiquid credit universe, such as direct lending for example, yields are not always offering sufficient compensation for illiquidity and risk." At the same time some investors ...