Lender

Bank of America to purchase Merill Lynch

by Staff Reporter • 16 Sep 2008

Bank of America has agreed to purchase Merrill Lynch for around $US44 billion ($A53.4 billion) The Wall Street Journal... READ MORE

by Staff Reporter • 12 Sep 2008

Domestic banks remain in comparatively good shape though they now face a more challenging external environment... READ MORE

by Staff Reporter • 12 Sep 2008

Financial services solutions provider Stargate Group today announced the launch of a new processing and packaging... READ MORE

by Staff Reporter • 11 Sep 2008

Challenger Financial has issued its first RMBS deal for 2008. READ MORE

by Staff Reporter • 11 Sep 2008

Suncorp yesterday raised $444 million in its second RMBS deal for 2008. READ MORE

by Staff Reporter • 11 Sep 2008

US investment bank Lehman Brothers announced an estimated third quarter loss of $US3.9 billion ($A4.88 billion)... READ MORE

by Staff Reporter • 9 Sep 2008

The banks have gained further ground as funding issues continue to hamper the non-bank sector’s ability to... READ MORE

by Staff Reporter • 8 Sep 2008

St George today confirmed its unanimous support for revised merger terms with Westpac, which values the bank at $1.25... READ MORE

by Staff Reporter • 5 Sep 2008

Bank customer satisfaction has fallen for three of the big four banks, Roy Morgan Research for July has revealed. READ MORE

by Staff Reporter • 3 Sep 2008

Economic growth figures from the ABS today confirm Australia needed yesterday’s reduction to the cash rate. READ MORE