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Regional banks' strong profit sign of future strength
by Staff Reporter • 28 Nov 2007
Australia’s regional banks have flourished in the strong economic environment, posting strong profits and high...
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Virgin the preferred saviour of Northern Rock
by Staff Reporter • 27 Nov 2007
Embattled UK bank Northern Rock has singled out a Richard Branson-backed Virgin Consortium as the preferred bidder for...
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Credit crunch starting to affect UK small companies
by Staff Reporter • 27 Nov 2007
UK entrepreneurs and smaller business owners are starting to feel the squeeze of tighter credit, though the impact...
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Wide Bay a step closer to netting Mackay
by Staff Reporter • 23 Nov 2007
Wide Bay Australia today announced that it has received an overwhelming response to its takeover offer for Mackay...
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RAMS directors confirm support for Westpac deal
by Staff Reporter • 21 Nov 2007
RAMS Home Loans’ directors confirmed yesterday in a statement to the ASX their unanimous recommendation that...
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BoQ walks away from Mackay bid
by Staff Reporter • 21 Nov 2007
The Bank of Queensland (BoQ) withdrew its $53.2 million takeover bid for Mackay Permanent Building Society (MPBS)...
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BoQ bid stands
by Staff Reporter • 20 Nov 2007
The Bank of Queensland (BoQ) has announced it does not intend to increase its $53.2 million offer for Mackay Permanent...
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Boom times for private lenders
by Staff Reporter • 19 Nov 2007
Securitised lenders may have been starved of funds since the July US sub-prime collapse but Australia’s private...
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Mackay backs Wide Bay bid
by Staff Reporter • 19 Nov 2007
Mackay Permanent Building Society’s (MPBS) board of directors have backed Wide Bay’s latest takeover...
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Westpac begins funding new RAMS loans
by Staff Reporter • 17 Nov 2007
Westpac today announced that it had completed funding arrangements for RAMS Home Loans up to $500 million.
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