Lender

Government RMBS investment should favour low-rate lenders

by Staff Reporter • 2 Oct 2008

The government’s $4 billion investment in residential mortgage-backed securities should be directed at lenders... READ MORE

by Staff Reporter • 30 Sep 2008

Bradford and Bingley has become the second UK bank to be nationalised this year as a result of the worsening credit... READ MORE

by Staff Reporter • 30 Sep 2008

Citigroup will become the United States’ largest bank by deposits after agreeing to acquire all banking... READ MORE

by Staff Reporter • 29 Sep 2008

The industry has welcomed a $4 billion government plan to bolster competition in the mortgage market. READ MORE

by Staff Reporter • 29 Sep 2008

Washington Mutual, bought by banking giant JP Morgan for $1.9bn after seizure by the US authorities late last week,... READ MORE

by Staff Reporter • 26 Sep 2008

Heritage Building Society has posted a record profit of $29.360 million; its ninth consecutive full year before tax... READ MORE

by Staff Reporter • 24 Sep 2008

Australian banks remain healthy and profitable in stark contrast to the US financial sector according to APRA figures... READ MORE

by Staff Reporter • 23 Sep 2008

Wall Street’s two remaining investment banks will now operate under the supervision of the Federal Reserve as... READ MORE

by Staff Reporter • 22 Sep 2008

The pace of national economic growth continues to slow but there is no indication that financial chaos in the United... READ MORE

by Staff Reporter • 22 Sep 2008

ANZ and CBA have agreed to offer first home saver accounts which the Government hopes will boost the number of first... READ MORE