Lender

Royal Bank of Scotland to shed thousands of jobs

by Staff Reporter • 16 Feb 2009

Struggling Royal Bank of Scotland (RBS) is reportedly considering a cost-cutting program that could reduce its... READ MORE

by Staff Reporter • 16 Feb 2009

After what could be the last major rate reduction for this cycle, The Commonwealth Bank has delivered the lowest home... READ MORE

by Staff Reporter • 13 Feb 2009

Some US lenders are cutting back on doing business with mortgage brokers, raising concerns about the impact on... READ MORE

by Staff Reporter • 13 Feb 2009

The Commonwealth Bank (CBA) has announced an emergency assistance package for its customers affected by the Victorian... READ MORE

by Staff Reporter • 11 Feb 2009

The Commonwealth Bank today reported a rise in first-half net profit of 9 per cent to $2.57 billion, compared to $2.37... READ MORE

by Staff Reporter • 10 Feb 2009

Further signs that the non-bank sector is gaining ground against the banks continue to emerge with the launch of a low... READ MORE

by Staff Reporter • 9 Feb 2009

Arrears on residential loans underlying Australian prime RMBS mortgages jumped 12 basis points to 1.70 per cent in... READ MORE

by Staff Reporter • 5 Feb 2009

A number of lenders have joined the big four in passing on all of this month’s cash rate reduction to borrowers. READ MORE

by Staff Reporter • 5 Feb 2009

Figures released by the ABS yesterday showed significantly lower interest rates at the end of last year failed to kick... READ MORE

by Staff Reporter • 4 Feb 2009

Bank third-party servicing levels are again in the spotlight with reports that some of the majors are inflicting delays... READ MORE