Latest news (24,740 items)

Brokers doing better

Fees paid to home loan brokers by Adelaide Bank edged higher over the last year, from about 0.6 per cent of average loans to about 0.65 per cent. Not many banks disclose this statistic, and it is an important indicator of how banks are giving up some of the value to intermediaries. read more

Credit market turns on the bank

Investors sold off Adelaide Bank debt in light of the profit. The bank's subordinated debt, which matures in 2009, fell $1, or 0.9 per cent, to $106.50, in a pretty thinly traded security on the ASX. read more

Jon Wood leaving Coles

The AFR reports that Jon Wood will leave Coles Myer in the middle of the year. Wood is effectively responsible for the retailer's plans to enter financial services. read more

Page 2242 of 2250 | Total articles: 24740