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Showing 8401 - 8410 of 17963 results for "Bank"

NAB sells $1bn worth of UK property loans

JAMES FERNYHOUGH  |  TUESDAY, 29 JUL 2014
National Australia Bank (NAB) has agreed to sell A£625 million (AU$1.1 billion) worth of UK commercial property loans to Cerberus Global Investors. NAB said the sale was intended to de-risk its UK Commercial Real Estate (CRE) portfolio, reducing the ...

ME Bank makes key appointment from GE Capital

STAFF WRITER  |  TUESDAY, 29 JUL 2014
ME Bank has appointed a former GE Capital risk expert to the position of chief risk officer. Carlo Cataldo spent 13 years with GE Capital, six as the consumer chief risk officer, and will now be tasked with capitalising on the comprehensive credit reporting ...

Market Wrap AM

AAP  |  TUESDAY, 29 JUL 2014
The Australian market looks set to open flat following Wall Street's mixed performance after prominent corporate deals and a drop in pending home sales. At 0810 AEST on Tuesday, the September share price index futures contract was down seven points ...

Market wrap

AAP  |  MONDAY, 28 JUL 2014
... acquired a large stake in the South East Asian online property business. The financials are largely down, with Commonwealth Bank shedding 41 cents to $81.87, Westpac losing 19 cents to $34.09 and ANZ dropping 19 cents to $33.56. But National Australia ...

BT makes key distribution role appointment

LAURA MILLAN  |  MONDAY, 28 JUL 2014
... development and management across superannuation, managed investments, retirement incomes and group insurance with the Commonwealth Bank of Australia and Macquarie Bank. An FSC spokesperson confirmed that the departure is unrelated to FSC chief executive ...

It's all about the US week

BENJAMIN ONG  |  MONDAY, 28 JUL 2014
Sit back and enjoy the first two days of this week for starting mid-week... financial markets' moods could swing - for the better or the worse - on America. Yes Virginia, this week is all about the US of A. Sure Virginia, there'll be speculations galore ...

Market wrap

AAP  |  FRIDAY, 25 JUL 2014
... picture of economic conditions, she said. The only sector defying the negative tone is the financial industry. Commonwealth Bank had added 12 cents to $82.13, Westpac was up nine cents at $34.22, ANZ had gained five cents to $33.63 and National Australia ...

Market Wrap AM

AAP  |  FRIDAY, 25 JUL 2014
The Australian market looks set to open flat after little change on Wall Street where the S&P 500 inched toward another record high. At 0807 AEST on Friday, the September share price index futures contract was up eight points at 5,540. Locally, no major ...

Market Wrap PM

AAP  |  THURSDAY, 24 JUL 2014
... 57.75 cents on news it would reduce costs and lift production. The big banks were having a mixed morning with Commonwealth Bank adding seven cents to $81.63 and NAB rising six cents to $34.47. But Westpac fell four cents to $34.05 and ANZ also lost one ...

Bendigo and Adelaide Bank reaches agreement in Great Southern case

ALICE URIBE  |  THURSDAY, 24 JUL 2014
An agreement has been reached in the legal battle between Bendigo and Adelaide Bank and lenders who invested in Great Southern, with the borrowers admitting that their loans are valid. Around 8200 investors borrowed more than $550 million from the bank ...