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Showing 81 - 90 of 1423 results for "loans"

US agencies act to prevent crisis

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
... that the cost of doing so won't be borne by taxpayers. The Fed has created the Bank Term Funding Program (BTFP), offering loans of up to one year to depository institutions, taking certain securities as collateral. The Department of Treasury will make ...

Court fines ANZ for dodgy introducer program

KARREN VERGARA  |  MONDAY, 13 MAR 2023
... Court found that the bank's Home Loan Introducer Program enabled unlicensed third parties to refer customers to ANZ for loans. This included cleaners and real estate agents who referred customers to ANZ in return for an upfront commission. The proceedings ...

Australian dividends surge in 2022: Report

CASSANDRA BALDINI  |  WEDNESDAY, 1 MAR 2023
... horizon. Corporate cash flow will come under pressure both from lower levels of demand and from the higher cost of servicing loans, limiting the scope for dividend growth," explained Shoemake. She added, from a sector perspective, energy dividends are ...

New head of private debt at QIC

ELIZABETH FRY  |  FRIDAY, 24 FEB 2023
... high-yielding income stream and capital stability from a diversified portfolio of floating-rate corporate and leveraged loans, ABS and real estate debt. QIC private debt now has US$850 million of committed capital and assets under management with investment ...

Financial Circle director convicted, fined

CHLOE WALKER  |  TUESDAY, 21 FEB 2023
... cancelled by in November 2018 after it was fined $9 million. The fine followed the firm being found to be only offering personal loans to consumers who agreed to also receive and act on financial advice provided by the same company. Typically the advice ...

JANA awarded mandate by NFP

CHLOE WALKER  |  MONDAY, 20 FEB 2023
... communities across the country for over three decades, distributing millions of dollars in grants, scholarships, and community loans. According to JANA, supporting markets including not-for-profits (NFPs) and broader diversified clients is a key strategic ...

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
... billion (up 12% year on year) was driven by a recovery in net interest margins and growth in home, business and institutional loans. It will pay fully franked dividends of $2.10 per share.

QIC inks PRP, TEEG deals

JAMIE WILLIAMSON  |  TUESDAY, 14 FEB 2023
QIC has secured loans in PRP Diagnostic Imaging (PRP) and The Entertainment and Education Group (TEEG), saying private debt is "one of the steadier ships for investors to sail on". The senior secured loans form part of arrangements exceeding $1 billion ...

Recession risk for Australia minimal: Forum

KARREN VERGARA  |  TUESDAY, 14 FEB 2023
... holders face when their fixed rate mortgages imminently expire. "Record low interest rates saw borrowers flock to fixed rate loans, with most maturing in 2023," he said. While many Australians will experience "undoubtedly a repayment shock", Paton pointed ...

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... "This is especially surprising to us given a range of softer domestic data recently - across retail sales, house prices, loans and credit growth, and employment and unemployment; the RBA didn't mention this," UBS said. UBS now forecasts a 25-basis point ...