ThinkSmart sees opportunity in the slump 24 February 2009 5:46PM ThinkSmart will continue to look for a wider international reach for its business of financing small office and home office purchases of computers and related equipment. The firm had started a trial i.. read more
ABIP task weakly defined 23 February 2009 5:36PM Ahmed Fahour on Friday finally left National Australia Bank and a loosely defined job on its board of directors. The bank's management had shifted Fahour out of his job as Australian regional chief ex.. read more
Aussie and GE block borrower choice 20 February 2009 5:56PM Third line forcing may be alive and well in banking, with GE Capital and Aussie Home Loans and party to a deal. read more
GE funding costs easing 20 February 2009 5:55PM The funding costs for GE Capital have declined over recent months, both the spread paid over benchmark and the benchmark rates themselves. read more
Fast refinancing the GE goal 20 February 2009 5:54PM The decision within GE Capital to withhold the 100 basis point cut in interest rates appears to be a late one. read more
Westpac the world's most profitable bank 20 February 2009 5:53PM The most profitable bank in the world may be Westpac. read more
Investors culpable in Opes affair 19 February 2009 5:38PM It is understandable ANZ cannot be fagged pointing out the responsibility of others in the losses from the failure of Opes Prime. One reason is the bank may have to concede fault on some points. Anoth.. read more
New Zealand dragging Westpac 19 February 2009 5:36PM Westpac, as with almost all banks, is managing rising losses in New Zealand. read more