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Showing 701 - 710 of 1875 results for "lending"

NAB sells Asian private wealth arm

KARREN VERGARA  |  FRIDAY, 12 MAY 2017
... similar move, ANZ last month offloaded its retail business in Vietnam, which services 125,000 customers with $320 million in lending assets and $800 million in deposits.

Strong quarter for CBA

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... performance of its insurance arm, but noted insurance income was affected by bad weather conditions and Cyclone Debbie. Home lending activity grew by 7.8%, but business lending remained subdued. Its overall performance was underpinned by income growth ...

Millennials' financial heartache drives P2P lending

EMMA RAPAPORT  |  THURSDAY, 27 APR 2017
... savings accounts, pricey property, and stock market volatility is leading an influx of millennial money to peer-to-peer lending. According to P2P lending platform RateSetter, millennials are coming in droves to seek out alternatives to traditional saving ...

ASIC signs fintech agreement with Indonesia

EMMA RAPAPORT  |  MONDAY, 24 APR 2017
... financial technology sector which is impacting areas such as payments and transfers, financial management, insurance, lending and finance, retail banking and markets, exchanges and supporting services. Providers are offering services including insurance ...

ANZ sells off retail Vietnam business

ALEX BURKE  |  MONDAY, 24 APR 2017
... Indonesia late last year. ANZ's retail business in Vietnam currently services 125,000 customers representing $320 million in lending assets and $800 million in deposits. ANZ group executive, international Farhan Faruqui explained: "The sale of our retail ...

Macquarie buys UK investment bank for $4bn

ALEX BURKE  |  FRIDAY, 21 APR 2017
... for green infrastructure projects in the region. Three new investment vehicles - focusing on offshore wind, low carbon lending and green infrastructure - will also be established. As mentioned, Macquarie's existing UK green energy business will be merged ...

China's off to a good 2017 start

BENJAMIN ONG  |  WEDNESDAY, 19 APR 2017
... financial instability. The latest house price stats show that the People's Bank of China's (PBOC) efforts to slow property lending through higher interest rates and subsequent restrictions by local authorities - raising the down payment requirement ...

Open data carries privacy risk: ABA

KARREN VERGARA  |  TUESDAY, 18 APR 2017
... understanding of how open data affects vulnerable customers, including the implications around product access and predatory lending. Choice head of campaigns Erin Turner, who took part in the event, said that it's time to "move beyond education" and ...

Let me down gently

BENJAMIN ONG  |  TUESDAY, 11 APR 2017
... February more than offsetting the 1.7% increase in the previous month. More encouraging, February's fall in overall house lending was led by a 5.9% drop in lending for investment housing - the segment the RBA alluded to in its April monetary policy statement ...

Singapore fintech shutters Australian business

ALEX BURKE  |  FRIDAY, 7 APR 2017
... CoAssets commenced trading in September 2016, the company described itself as the first crowdfunding and peer-to-peer lending company to list in Australia. It raised $6.55 million in its initial public offering at 40c per share. "This listing is just ...