Lender

ANZ to cut jobs

by Staff Reporter • 14 Nov 2008

ANZ is gearing up for extensive job cuts but it remains unclear how the redundancies will affect its third party... READ MORE

by Staff Reporter • 14 Nov 2008

Australia’s fifth largest bank is set to become part of Westpac after shareholders yesterday voted... READ MORE

by Staff Reporter • 13 Nov 2008

Founder and managing director of struggling non-bank lender City Pacific Phil Sullivan has announced his resignation,... READ MORE

by Staff Reporter • 13 Nov 2008

The Commonwealth Bank will face increased loan losses this financial year as a result of several exposures to company... READ MORE

by Staff Reporter • 12 Nov 2008

The United States has unveiled further initiatives to ease mortgage stress for hundreds of thousands of Americans... READ MORE

by Staff Reporter • 12 Nov 2008

The official cash rate could drop as low as 3.75 per cent by early next year, according to forecasts by NAB. READ MORE

by Staff Reporter • 10 Nov 2008

Credit unions and building societies are gearing up to grab market share as second tier banks are swallowed up by the... READ MORE

by Staff Reporter • 7 Nov 2008

St George yesterday concluded the major banks’ response to this month’s rate cut by passing on a reduction... READ MORE

by Staff Reporter • 6 Nov 2008

The government’s deposit guarantee scheme is distorting financial markets, keeping interest rates on deposits... READ MORE

by Staff Reporter • 6 Nov 2008

Westpac is the second major bank to move on yesterday’s RBA rate reduction, announcing a 0.65 per cent drop to... READ MORE