Lender

City Pacific withdraws merger proposal for MFS

by Staff Reporter • 21 Jan 2008

City Pacific Limited has withdrawn its merger proposal for investment and funds management company MFS Limited. READ MORE

by Staff Reporter • 17 Jan 2008

The big four banks may be exposed to massive losses because of over-inflated commercial property valuations, The... READ MORE

by Staff Reporter • 16 Jan 2008

Heritage, one of the nation’s largest building societies, yesterday announced a rate increase of 0.15 per cent... READ MORE

by Staff Reporter • 15 Jan 2008

The Australian Bankers’ Association (ABA) issued a statement yesterday in response to the banks' recent decision... READ MORE

by Staff Reporter • 15 Jan 2008

The non-bank sector’s Christmas wishes were finally answered on Friday as the last of the big banks lifted their... READ MORE

by Staff Reporter • 14 Jan 2008

Internet-based mortgage lender MyRate.com.au has registered a 300 per cent increase in daily inquiries since the major... READ MORE

by Staff Reporter • 14 Jan 2008

Bank of America has agreed to purchase troubled mortgage lender Countrywide Financial in a transaction worth... READ MORE

by Staff Reporter • 11 Jan 2008

The Bank of England left the official cash rate unchanged at 5.5 per cent overnight despite mounting concerns for the... READ MORE

by Staff Reporter • 11 Jan 2008

Citigroup and Merrill Lynch, two of Wall Street’s biggest names, are seeking emergency funding from foreign... READ MORE

by Staff Reporter • 11 Jan 2008

The big four banks have denied any direct link to the US sub-prime lending market despite their exposure to ailing US... READ MORE