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Showing 1 - 8 of 8 results for "Secured lending"

ASIC freezes out former Magnolia Capital director

ANDREW MCKEAN  |  WEDNESDAY, 22 NOV 2023
... operated businesses between 2018 and 2022, which provided investors with financial advice and services in relation to secured lending transactions and share investment. Notably, a liquidator's report filed with ASIC for 13 of these companies showed that ...

Challenger expands strategic relationship with Apollo

CASSANDRA BALDINI  |  THURSDAY, 9 NOV 2023
... overall returns. In 2022, Apollo directly originated approximately US$100 billion of assets, primarily senior and secured lending opportunities. Challenger stated that the partnership will provide it access to origination flows, co-investment prospects ...

Government expands SME Guarantee Scheme

ANNABELLE DICKSON  |  MONDAY, 20 JUL 2020
... beyond working capital so that a wider range of investment can be funded. In addition, the next phase will permit secured lending (excluding commercial or residential property), increases the maximum loan size to $1 million and increases the maximum ...

Citibank appoints head of credit acceptance

STAFF JOURNALIST  |  THURSDAY, 14 FEB 2013
Citi has appointed Joanne Breuer as the head of credit acceptance for both secured and unsecured lending in the retail banking business in Australia, Citibank. She will report to Vasu Rao, head of credit operations, working in a new role previously ...

North platform lands new head in AMP restructure

ELISE BURGESS  |  FRIDAY, 22 JUL 2011
... roadmaps to drive revenue and reduce operating expenses. He was also general manager of offshore operations and secured lending transformation during his time at Westpac. AMP Financial Services managing director, Craig Meller, said the role will take ...

Covered bond conundrum

JOHN MCDULING  |  MONDAY, 13 DEC 2010
... Scobie, head of credit at Queensland Investment Corporation, welcomed the initiative but noted that, as a form of secured lending, covered bonds were likely to price inside unsecured debt and therefore offer lower yields than current bank paper. He said ...

Saved by the Fed

MICHELLE BALTAZAR  |  MONDAY, 8 SEP 2008
... a four-pronged approach which includes a change in top management, increased funding in MBS portfolios, a new secured lending facility and a preferred stock purchase program. Put another way, the government will do it all can to alleviate local and global ...

Asset finance companies lose lending share

WWW.THESHEET.COM  |  MONDAY, 22 OCT 2007
... climbing for the past four years, while the equivalent bank ratio has eased slightly. McGrath said: "With less secured lending than the banks it is to be expected that finance companies will have a higher ratio of losses to receivables than the banks. ...
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