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Lender
CBA tips consolidation in 2008
by Staff Reporter • 11 Jan 2008
The credit crisis may trigger increased consolidation among lenders, Commonwealth Bank (CBA) chief executive Ralph...
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Banks' actions could set market back by 20 years
by Staff Reporter • 11 Jan 2008
Non-bank lender Resi Mortgage Corporation has called the behaviour of the banks into question as interest rates were...
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CBA joins NAB, ANZ in hiking rates
by Staff Reporter • 10 Jan 2008
The Commonwealth Bank yesterday announced a rise in its variable home loan interest rate of 0.10 per cent to 8.67 per...
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ANZ Chief says rate rise won?t hurt market share
by Staff Reporter • 9 Jan 2008
ANZ’s rate rise will not impact its share of the mortgage market, CEO Michael Smith told reporters in Malaysia,...
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Bank's liquidity called into question
by Staff Reporter • 9 Jan 2008
The Australian Prudential Regulation Authority (APRA) is investigating whether the banks have enough capital to cope...
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November dwelling approvals post upturn
by Staff Reporter • 9 Jan 2008
Building approvals figures released by the ABS today have revealed a 2.0 per cent rise in total dwelling approvals for...
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ANZ?s rate rise under fire
by Staff Reporter • 9 Jan 2008
ANZ is feeling the heat of public scrutiny over its decision to lift interest rates with Federal Treasurer Wayne Swan...
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Wholesale interest rate increases behind ANZ rate rise
by Staff Reporter • 8 Jan 2008
ANZ attributed higher wholesale interest rates to its decision to increase standard variable home loan rates...
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Citigroup may cut work force by up to 10 per cent
by Staff Reporter • 8 Jan 2008
American television channel CNBC reported that US Citigroup is considering a 5-10 per cent cutback of its workforce,...
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Major banks concede price advantage
by Staff Reporter • 7 Jan 2008
After months of sustained media negativity directed at the non-bank sector over higher funding costs, the major banks...
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