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Global banks? ratings deteriorate
by Staff Reporter • 22 Jan 2008
Negative ratings among global banks jumped from 13 to 69 in the last quarter of 2007.
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Commission cuts could dent banks? market share
by Staff Reporter • 22 Jan 2008
Australia’s aggregators have warned that cuts to broker commissions could impact lenders’ volumes through...
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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City Pacific Limited has withdrawn its merger proposal for investment and funds management company MFS Limited.
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?Friendly? valuations spell risk for banks
by Staff Reporter • 17 Jan 2008
The big four banks may be exposed to massive losses because of over-inflated commercial property valuations, The...
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Hertiage Building Society hikes rates
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...
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Australian Bankers' Association speaks out for the banks
by Staff Reporter • 15 Jan 2008
The Australian Bankers’ Association (ABA) issued a statement yesterday in response to the banks' recent decision...
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Banks' pricing grip broken
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...
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MyRate.com.au records surge in inquiries as banks hike rates
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...
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Countrywide acquired by Bank of America
by Staff Reporter • 14 Jan 2008
Bank of America has agreed to purchase troubled mortgage lender Countrywide Financial in a transaction worth...
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Bank of England holds on rates
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...
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