Bank News

Datamonitor report that rising prices does not discourage Australian first home buyers (4-Sep-2007)
... use a family member’s equity as additional security for a loan, have increased in popularity and are offered by all major banks. These products ameliorate the problem of raising a deposit, which has become more of an issue as rental costs have ...

Rating on MARAC Finance unchanged following fiscal 2007 results (4-Sep-2007)
... Standard & Poor’s expects that MARAC Finance’s spread of funding sources, which includes committed bank lines from four banks, a recently introduced securitization program, and retail debentures, will enable the company to contend with these ...

BNY Mellon Asset Management receives approval to provide sub-advisory services to Chinese investors (4-Sep-2007)
... leading asset managers opens doors to Chinese investors. BNY Mellon Asset management, the asset management arm of The Bank of New York Mellon Corporation, has received approval from the China Securities Regulatory Commission (CSRC) to provide ...

Virgin Money launches Everlasting Love Home Loan (4-Sep-2007)
... survey by Virgin Money Home Loans found that over 87% of Australians believed the big banks were not doing enough to look after homeowners.According to Virgin Money, more than ever, people needed to feel reassured their home loan partner ...

Telstra, NAB and Visa to launch mobile phone embedded with Visa card application (31-Aug-2007)
... Australia Bank (NAB) and Visa intend to develop Australia’s first trial allowing customers to pay for goods and services with a wave of their mobile phone.The trial will see a select number of Telstra and National Australia Bank customers ...

NAB agrees on new LTI package for Group CEO (31-Aug-2007)
... Australia Bank Board agreed a new long-term incentive (LTI) package for the Group Chief Executive, John Stewart.National Australia Bank Chairman Michael Chaney said that the long-term incentive arrangements were linked to sustainable ...

HESTA appoints executive manager for Marketing Strategy (31-Aug-2007)
... and Grey Worldwide.She worked on brands including Microsoft, US West, 3 Mobile, GE Money, AXA and National Australia Bank.Kate holds a Bachelor of Commerce and a Bachelor of Arts from the University of Melbourne and a Graduate Diploma of ...

Rating on TSB Bank revised to positive (30-Aug-2007)
... & Poor's Ratings Services revised its rating outlook on New Zealand-based TSB Bank (TSB; BBB/Positive/A-2) to positive from stable, reflecting the bank’s resilient earnings profile and strong ability to manage and withstand market ...

Focus on the short term can be dangerous for long term wealth (30-Aug-2007)
... at the facts over the last 19 years:The value of staying the course:Compound annual growth rate:(Cash -UBS Bank Bill Index) 19 Years (26/08/1988-27/08/2007)-7.44 % Last 10 years-5.47% Last 5 years-5.65% Australian Shares (All ...

ISPT acquires two key assets in US (30-Aug-2007)
... quality tenant mix was a major attraction to the property coupled with the opportunity to secure a major future land bank.Major tenants included Bowe Bell & Howell and GlaxoSmithKline, who together occupy 22% of the net lettable area, as ...

RSS Feed

Access over 2000 Financial and Investment jobs online!