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Lender
Banks up business loan rates
by Staff Reporter • 17 Dec 2007
ANZ, Westpac and the Commonwealth Bank have all made a move to offset higher funding costs through raising rates 15 to...
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UK lenders feel credit crisis sting
by Staff Reporter • 14 Dec 2007
Struggling UK lender Northern Rock has taken a £281 million (A$653 million) hit as a result of the credit...
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Central banks to ease pressure on short-term funding markets
by Staff Reporter • 13 Dec 2007
In a show of solidarity not seen since September 11, the Federal Reserve (Fed), European Central Bank (ECB) and three...
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Banks? profit cut unless rates rise: JP Morgan
by Staff Reporter • 12 Dec 2007
Australia’s big four banks’ profit margins will shrink considerably unless they pass on the higher costs...
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Non-bank market share slides again
by Staff Reporter • 11 Dec 2007
The non-bank sector struggled again in October to hold onto market share.
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Bluestone prices A$408.9 million RMBS
by Staff Reporter • 10 Dec 2007
Non-conforming lender Bluestone successfully priced a A$408.9 million RMBS through lead arrangers Barcap and Westpac...
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BoQ to take on the big banks
by Staff Reporter • 7 Dec 2007
The Bank of Queensland (BoQ) yesterday confirmed it will continue to look for strategic acquisitions to strengthen its...
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Bank of England cuts cash rate
by Staff Reporter • 7 Dec 2007
The Bank of England Monetary Policy Committee yesterday voted to reduce the official cash rate by 25 basis points to...
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Adelaide Bank increases home loan rates
by Staff Reporter • 6 Dec 2007
Adelaide Bank lifted interest rates by 25 basis points on Monday for products across its wholesale lending program.
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Consumers uncomfortable with non-bank sector
by Staff Reporter • 4 Dec 2007
New research commissioned by the Australian Mortgage Council has shown that 31 per cent of consumers would feel...
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