[ad_1] Banks said they were improving how they looked into customers’ incomes and expenses, but imposing further obligations on the industry when badessing loans threatened to raise the price of credit or …
Read More »ABC posts quarterly profit of $ 2.5 billion as few loans deteriorate
[ad_1] The update of the transactions, which contains limited financial details, indicates that the operating income of the bank grew by 1%, the commissions offsetting the net and flat interest income. Net …
Read More »QLD couple plans to sue the bank for irresponsible loans of $ 1.6 million
[ad_1] Banks in AUSTRALIA were trapped in their numbers, using a questionable financial tool to grossly underestimate borrowers' spending in order to write loans that people will never be able to repay …
Read More »Westpac abandons new home loans to DIY super funds
[ad_1] Westpac is in the process of pulling the plug on new loans to self-directed pension funds (SMSF) for real estate investment, in the last move by a major to tighten the …
Read More »Wells Fargo profits fall as a result of the fiscal crisis, fewer loans and deposits | Business
[ad_1] Wells Fargo & Co. on Friday announced lower-than-expected earnings for the second quarter and said it has set aside nearly half a billion dollars to pay additional taxes as a result …
Read More »The repercussions of the royal banking commission should slow the growth of real estate loans
[ad_1] Deloitte says the growth in the number of new mortgages stagnates and could drop over the next year And the Royal Commission on Banks is creating uncertainty in the market. Any …
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