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Showing 761 - 770 of 1917 results for "Lendi"

Former ING DIRECT chief joins P2P lender

DARREN SNYDER  |  THURSDAY, 9 MAR 2017
Peer-to-peer lender RateSetter now has the services of a former bank chief executive renowned for driving innovation and competition. Joining the RateSetter Australian board as a non-executive director is former ING DIRECT chief executive Vaughn Rictor. ...

ASIC compensation skyrockets

KARREN VERGARA  |  THURSDAY, 9 MAR 2017
The amount of compensation for consumers and investors collected by ASIC in the second half of 2016 surged to $159.4 million, up from $13.4 million in the first half. The latest ASIC Enforcement Report shows 63 infringement notices were issued - $2.9 ...

Steady as she grows

BENJAMIN ONG  |  WEDNESDAY, 8 MAR 2017
As expected, the Reserve Bank of Australia (RBA) kept the official cash rate unchanged at 1.5% -- where it had been since August last year -- while at the same time offering a positive outlook on the global and domestic economy. Not only has the RBA ...

We have made mistakes: CBA

KARREN VERGARA  |  TUESDAY, 7 MAR 2017
Commonwealth Bank of Australia's chief executive Ian Narev told a parliamentary inquiry this morning the bank made mistakes and still has a lot of work to do. On day two of the major banks review, Narev fronted the House of Representative's Standing ...

Westpac faces lending practices breach: ASIC

KARREN VERGARA  |  THURSDAY, 2 MAR 2017
The Australian Securities and Investment Commission is taking Westpac to the Federal Court for allegedly breaching home-loan responsible lending practices. Between December 2011 and March 2015, the regulator claims Westpac failed to properly assess ...

Good credit

BENJAMIN ONG  |  WEDNESDAY, 1 MAR 2017
The latest lending stats out of the Eurozone continue the developing good news story in the single currency area despite the lingering political uncertainty - elections in France, the Netherlands and Germany - Brexit and continuing terrorist threat ...

Bad credit

BENJAMIN ONG  |  WEDNESDAY, 1 MAR 2017
Good one month, not so good the next. This is the story of private sector credit in Australia - the month-on-month growth rates, at least. Total private sector credit went up by a lower than expected 0.2% in the month of January - the slowest pace since ...

APRA urges banks to raise capital

EMMA RAPAPORT  |  MONDAY, 13 FEB 2017
Capital standards should be set so that the capital ratios of deposit takers are unquestionably strong, according to ARPA chairman Wayne Byres. Speaking at the A50 Australian Economic Forum in Sydney on Friday, Byres outlined the APRA's agenda for 2017 ...

Bonds aiding not-for-profit investors

JAMIE WILLIAMSON  |  FRIDAY, 10 FEB 2017
Bonds are increasingly popular among not-for-profit and charity organisations as they seek to make returns on donations in the face of low interest rates. The combination of scarce donor capital and historically low rates has placed NFP trustees and ...

Margin lending investors keen to borrow more

DARREN SNYDER  |  WEDNESDAY, 8 FEB 2017
Margin lending investors are voicing stronger intent to borrow more through their margin loans, indicating the group is becoming savvier as risk managers. The positivity comes amidst an industry-wide surge in attention to risk management, according ...