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Showing 871 - 880 of 1875 results for "lending"

ANZ Australia CEO steps down, replacement announced

LAURA MILLAN | MONDAY, 16 FEB 2015

... leadership our Australian franchise is now stronger than ever with consistent above system growth in home and business lending, a stronger funding profile and high levels of customer satisfaction and staff engagement," ANZ chief executive Mike Smith ...

Easing here, there and everywhere

BENJAMIN ONG | THURSDAY, 5 FEB 2015

... around RMB600 billion (US$96 billion) and follows the Chinese central bank's 40 bps reduction in its one year benchmark lending rate from 6.0% to 5.6% in November last year. Ma Jun - chief economist of the PBOC's research bureau - explained the PBOC's ...

When Harry met Sally syndrome

BENJAMIN ONG | MONDAY, 2 FEB 2015

... delivered a 25bps reduction to 0.75%. Nor the Bank of Japan when it announced a one-year extension (to March 2016) of its bank lending facility and pro-growth funding facility. Surely, they made a sound. Three other central bank's surprised before January ...

Central bank surprises

BENJAMIN ONG | THURSDAY, 22 JAN 2015

... that became self-perpetuating." Last night, the Bank of Canada (BOC) came up with its own surprise - it cut its overnight lending rate by 25 bps to 0.75%. Yes, you guessed right, 'twas because of the risk of low inflation because of low oil prices, as ...

MyState appoints head of broker services

MARK SMITH | TUESDAY, 20 JAN 2015

... the latest move to improve its support of the mortgage broker channel which has included the development of a specialist lending support team for its broker partners and their customers.

Oil price shock, nice

BENJAMIN ONG | TUESDAY, 13 JAN 2015

... galaxy wishin' and hopin' and prayin' higher oil prices to be. (Apart from those extracting, producing, investing in and lending to oil companies and nations, that is). And oh, climate changers too. But this was exactly what I read this morning as the ...

Australian Unity acquires two $80 million mortgage funds

STAFF WRITER | MONDAY, 15 DEC 2014

... cycle, and that now is an opportune time to expand and grow the mortgage investment business. "The future of non-bank lending looks promising with the doors to competition starting to open presenting opportunities for mortgage funds like these. "With ...

Market wrap AM

AAP | FRIDAY, 12 DEC 2014

... Labor Department report showed. In local economic news on Friday, the Australian Bureau of Statistics releases October lending finance data. In equities news, Westpac and Noni B have their annual general meetings. In Australia, the market on Thursday ...

ASIC calls for standard cyber risk measure

LAURA MILLAN | THURSDAY, 27 NOV 2014

... "traditional business models are being disrupted by new digital strategies." He said that new systems such as peer-to-peer lending, crowd funding or robo-financial advice represent an opportunity of adding value in a context where customer satisfaction ...

Market Wrap AM

AAP | TUESDAY, 25 NOV 2014

... evening announced it would slash its one-year rate for deposits by 25 basis points to 2.75 per cent, and its one-year lending rate by 40 basis points to 5.6 per cent, both effective Saturday. WELLINGTON - The NZX 50 Index fell 21.129 points, or 0.4 per ...

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Global X awards mandate for ETF business

ELIZA BAVIN | 12:33PM

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA | 11:56AM

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI | 11:09AM

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA | 12:20PM

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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