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Showing 791 - 800 of 1883 results for "Lending"

Negative interest rates drive spike in safe sales

MARK SMITH  |  THURSDAY, 9 JUN 2016
... imposed negative rates for holding bank deposits in an attempt to push lenders to deploy their cash in the real economy by lending to businesses. Instead, there are early signs banks will just pass the fees onto customers. One Japanese bank, Sumitomo ...

Centrepoint debuts brand realignment

ALEX BURKE  |  THURSDAY, 9 JUN 2016
... Wealth and Professional Investment Services will become Centrepoint Alliance Financial Advice; and Centrepoint Alliance Lending and Centrepoint Alliance Premium Funding will become Centrepoint Alliance Lending Solutions. Finally, Ventura, vMAPS and platform ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 9 JUN 2016
... governor Glenn Stevens' 7 June statement that, "Indications are that the effects of supervisory measures have strengthened lending standards in the housing market. Separately, a number of lenders are also taking a more cautious attitude to lending in ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 3 JUN 2016
... European Central Bank (ECB) announced no change in monetary policy settings - repo rate at 0%; deposit rate at -0.4%; lending rate at 0.25%; asset purchases of €80 billion per month to run until March 2017 - while at the same time confirming the commencement ...

Qualitas adds two directors

MARK SMITH  |  WEDNESDAY, 25 MAY 2016
... Qualitas group managing director Andrew Schwartz said: "The major banks are uniformly pulling back from their construction lending activities due to various regulatory constraints and some concerns around the combination of significant foreign buyers ...

Vanguard launches Australian corporate bond ETF

MARK SMITH  |  WEDNESDAY, 25 MAY 2016
... investment-grade, Australian-issued bonds from corporations like Australia's four largest banks, overseas banks, other lending institutions and property trusts, for an annual management fee of 0.26%. The fund's top holdings includes bonds from Commonwealth ...

Investors looking to alternatives amid low cash rate

KERRIE SYDEE  |  THURSDAY, 19 MAY 2016
... first pooled investment vehicle targeting predictable income returns from prime credit, sourced via global Marketplace Lending (MPL). It investing in FICO-rated, short-term consumer credit, with zero leverage. The GCI Diversified Income Fund is open ...

ANZ to cut 200 jobs

KERRIE SYDEE  |  WEDNESDAY, 18 MAY 2016
... inside the bank." In a statement an ANZ spokesperson said: "The changes are in response to subdued economic conditions, low lending growth and the need to simplify our business and improve productivity." All staff affected by the redundancies will have ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 22 APR 2016
... policy decision As expected, the European Central Bank (ECB) kept monetary policy unchanged - repo rate at 0%; marginal lending facility rate at 0.25%; deposit facility rate at minus 0.4%; monthly purchases at €80 billion - at its 21 April meeting. ...

ANZ makes two senior advice appointments

ALEX BURKE  |  THURSDAY, 21 APR 2016
... Victoria and Tasmania. He has held other roles at ANZ prior to this, including head of distribution, E*TRADE investment lending and product manager for protected equity portfolio. "Joe is a well-regarded wealth professional with extensive experience ...