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Borrower desertion from the wholesale lending sector continues to gather pace, with June lending volumes ten per cent less than May, and only 40 per cent of the June 2007 volume, according to data on.. read more

After bank holiday Monday, many Sydney bank workers were greeted on their first day of the working week by the ING Direct marketing campaign, which scaled the lofty heights of tying balloons to the ci.. read more

Securities transaction and fund administrator software provider GBST Holdings reported an unaudited rise of 50 per cent in cash profit, or EBITDA, of $17.2 million in the year to June 2008. read more

National Australia Bank is the first of the majors to pander to the government in launching a home loan with no early exit, discharge or settlement fees. read more

Point of sale financer FlexiGroup will extend its Australian operations through the acquisition of the retail point of sale funding business operated by Certegy Australia. FlexiGroup will pay $31.4 mi.. read more

There are mixed signs on trends in business finance from the latest monthly data on lending finance from the Australian Bureau of Statistics. read more

During the Australian mortgage lending slowdown of the last twelve months, AMP Bank has slipped relatively under the radar, with the mortgage book increasing 19 per cent in the year to May and nine pe.. read more

BankWest has made a clever move in increasing the ongoing standard variable mortgage rate yesterday by 20 points - to 9.55 per cent, which may go relatively unnoticed. read more

Point of sale financer ThinkSmart (ASX: TSM) aims to increase European operations to four countries, through the initiation of a four-store trial in France. read more

Investment bank Bell Financial Group will take over Southern Cross Equities in a complex cash and scrip bid to form what the parties describe as Australia's largest independent broking house. read more