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Lender

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Countrywide acquired by Bank of America
by Staff Reporter • 14 Jan 2008
The purchase will make Bank of America the largest mortgage lender and loan servicer in the United... READ MORE
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Bank of England holds on rates
by Staff Reporter • 11 Jan 2008
The decision to hold rates, according to a cross section of UK economists, will give the bank more time to assess the... READ MORE
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Citigroup & Merrill seek billions in capital
by Staff Reporter • 11 Jan 2008
The Wall Street Journal reported that Merrill Lynch is expected to receive US$3-4 billion ($3.4-4.5 billion).... READ MORE
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Big banks decline exposure to US sub-prime market
by Staff Reporter • 11 Jan 2008
A report released by Goldman Sachs this week identified CBA, NAB, ANZ and Westpac as four of 40 global lenders that... READ MORE
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CBA tips consolidation in 2008
by Staff Reporter • 11 Jan 2008
“Across the financial services sector, consolidation is something that will continue to be the case in 2008,... READ MORE
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Banks' actions could set market back by 20 years
by Staff Reporter • 11 Jan 2008
“Scaremongering by the banks over the impact of the tightening of credit markets has done the public a great... READ MORE
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CBA joins NAB, ANZ in hiking rates
by Staff Reporter • 10 Jan 2008
The hike is two basis points less than the NAB rise announced this week and 10 basis points short of... READ MORE
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ANZ Chief says rate rise won?t hurt market share
by Staff Reporter • 9 Jan 2008
“Rates are driven by the market and everyone has to work through what rates are realistic for them,” he... READ MORE
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Bank's liquidity called into question
by Staff Reporter • 9 Jan 2008
Investigations have been taking place since December 07, with officials from APRA, the Treasury and the RBA meeting... READ MORE
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November dwelling approvals post upturn
by Staff Reporter • 9 Jan 2008
According to the ABS approvals for private sector houses rose by 1.5 per cent, with other private dwelling approvals... READ MORE
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ANZ?s rate rise under fire
by Staff Reporter • 9 Jan 2008
The Treasurer met with the RBA, the Treasury and the Australian Prudential Regulation Authority (APRA) to discuss the... READ MORE
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Wholesale interest rate increases behind ANZ rate rise
by Staff Reporter • 8 Jan 2008
Effective Wednesday 9 January, the interest rate on the bank’s standard variable rate home loan will increase... READ MORE
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Citigroup may cut work force by up to 10 per cent
by Staff Reporter • 8 Jan 2008
CNBC said the announcement of any redundancies will likely come later this month with the company’s release of... READ MORE
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Major banks concede price advantage
by Staff Reporter • 7 Jan 2008
A 0.12 per cent rise in NAB’s standard variable home loan rate plus ANZ’s 0.20 per cent rise to its... READ MORE
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Westpac RAMS transaction complete
by Staff Reporter • 7 Jan 2008
Westpac CEO David Morgan expressed confidence in the transaction, stating that the deal provides the bank with... READ MORE
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Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
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