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Showing 751 - 760 of 1883 results for "Lending"

BMW caught on car loan failures

JAMIE WILLIAMSON  |  TUESDAY, 6 DEC 2016
... undertaking accepted by ASIC. BMW Finance will provide $77 million in compensation to customers affected by its responsible lending failures when providing car loans for a range of vehicles and car brands, both brand new and second hand. The remediation ...

Kapstream welcomes new portfolio manager

DARREN SNYDER  |  MONDAY, 5 DEC 2016
... Challenger's head of fixed income is joining Janus Capital subsidiary Kapstream as a portfolio manager and head of direct lending. After about 12 years in his role at Challenger, Bob Sahota is moving to Kapstream and will contribute to broad macroeconomic ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 1 DEC 2016
... followed gains of 0.4% in each of the previous three months. October's monthly gain were driven by the acceleration in lending growth to business (0.5% from 0.2% in September) and housing (0.6% from 0.5%) - with investor housing up 0.6% from 0.5% while ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 29 NOV 2016
... unchanged 5.0% year-on-year gain and takes the three-month moving average down to 4.8% from 5.0% in September. However, lending remains resilient. Loans to households rose by 1.8% in the year to October following a similar annual rate of increase in ...

HSBC expands private wealth business

DARREN SNYDER  |  FRIDAY, 18 NOV 2016
... discretionary investment management, equities, fixed income, structured products and derivatives; as well as banking and lending services such as deposit accounts, foreign exchange, and online transactional banking. HSBC regional head of global private ...

Japanese bank Nomura ups ante in robo-advice

MICHELLE BALTAZAR  |  THURSDAY, 17 NOV 2016
... events such as personal or home loan debt and school fees. The bank is the latest of the global institutions that are lending their weight to the robo-advice model. In the US, Wells Fargo, Bank of America and UBS have launched their offerings while in ...

Former adviser receives jail sentence

KERRIE SYDEE  |  WEDNESDAY, 16 NOV 2016
... clients' signatures to represent that the clients had agreed to act as guarantors for the margin loans Used the false margin lending applications with the intention of fraudulently persuading the lender to provide him with margin loans On 67 different ...

Challis Capital wins property mandate

KERRIE SYDEE  |  THURSDAY, 10 NOV 2016
... mid-market developers to fund land purchases and to provide the much-needed equity shortfall imposed by the current tighter lending restrictions." Challis Capital Partners said that while the consortium has made an initial commitment of $100 million ...

US core property on insto agenda

DARREN SNYDER  |  MONDAY, 7 NOV 2016
... pre-2007. "From the liquidity side there's a great deal of capital in the market and that comes from investors as well as lending institutions - as we're in zero, negative or very low interest rate environments it allows for some very cheap debt that ...

Industry backs mental health education campaign PROP

MICHELLE BALTAZAR  |  FRIDAY, 4 NOV 2016
The financial services industry is lending its support to a new mental health education campaign called 'People Reaching Out to People' (PROP). Rob Prugue, head of the Asia Pacific division for Lazard Asset Management Pacific Co, started PROP to address ...