- Buyers emerge for Pepper Homeloans
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10 March 2010 6:37amPepper Homeloans may be on the market, with two bidders in the wings, the Sydney Morning Herald reported in its CBD column. » read more »
- NAB considers options on equity
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10 March 2010 6:37amNational Australia Bank is looking at selling between $2 billion and $3 billion of new shares to fund its two mooted takeovers, the Financial Review reported. » read more »
- St George a burden on Westpac
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10 March 2010 6:37amSome new rhetoric has turned up in the latest investor discussion pack published by Westpac Banking Corp that could be interpreted as an admission that the bank paid took much to take over St George in 2008. » read more »
- iCCPay supports independent gateways
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09 March 2010 6:48amMelbourne based web developer, Michael Dimoudis, from webpanache.com.au has got the jump on Australia’s banks with the a payment gateway for the iPhone, iCCPay. » read more »
- South Canterbury needs further provisions
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09 March 2010 6:48amSouth Canterbury Finance’s impairment provision may increase further as the company’s auditors are still reviewing those figures a week after the firm published preliminary financial statements. » read more »
- CBA lowers LVRs on investment loans
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09 March 2010 6:48amCommonwealth Bank will reduce the maximum loan to valuation ratio to 80 per cent from 90 per cent on a range of investment home loans. » read more »
- Price-to-income ratios rising in housing
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09 March 2010 6:48amOne measure of the affordability of housing shows a deterioration in this measure over 2009, though only a little greater than has applied since about 2002. » read more »
- Correction: ratings on Macquarie hybrids
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09 March 2010 6:47amMacquarie Bank did publicise through the Australian Securities Exchange the revised rating on three series of hybrid securities adopted last week by Moody’s Investors Service (but not publicised by Moody’s). » read more »
- NAB backs away from PIS
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08 March 2010 7:07amNational Australia Bank suspended negotiations over its offer for financial planning dealer group Professional Investment Services, The Age reported. The bank first made the offer for the firm in December 2009. » read more »
- RBS branch bids due by Easter
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08 March 2010 7:06amA few financial parameters have emerged on the portfolio of branches and customer relationships being sold in Britain by Royal Bank of Scotland. » read more »
- Canadian contract for Securency
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08 March 2010 7:06amSecurency may have identified a rare customer in a major market for its plastic bank notes. Canada’s government has decided to reissue $10 and $20 notes in plastic rather than paper next year. » read more »
