BFCSA: LF Economics: Fraud rife in banking system, lending practices...
Fraud rife in banking system, with lending practices threatening financial system stability, economists say Posted Thu 21 Apr 2016, 11:46pm Fraud is rife in the banking system as banks systematically...
View ArticleBFCSA: Bank short sellers emboldened by ANZ, Westpac results
Bank short sellers emboldened by ANZ, Westpac results Sydney Morning Herald May 3, 2016 - 9:38PM Shaun Drummond ANZ's profit dive on Tuesday and Westpac's disappointing interim result on Monday has...
View ArticleBFCSA: Wall Street MegaBank Giants including JPMorgan Chase, Goldman Sachs...
Fed may drag hedge funds into plan to avoid next Lehman 4 May 2016 by Jesse Hamilton...
View ArticleBFCSA: Poor banks: Banks' credit card fee losses set to worsen - profit from...
Banks' credit card fee losses set to worsen 3 May 2016 Shaun Drummond http://www.afr.com/business/banking-and-finance/banks-credit-card-fee-losses-set-to-worsen-20160501-gojoeo The amount Westpac...
View ArticleBFCSA: IRISH BANKS HIDING DEFAULTING LOANS - Doing secret deeds for lifetime...
IRISH BANKS HIDING DEFAULTING LOANS - Doing secret deeds for lifetime debt and then cover up? 3 May 2016...
View ArticleBFCSA: Retail customers pay for Westpac big bad loans
Retail customers pay for Westpac big bad loans Elizabeth Knight 3 May 2016 http://www.smh.com.au/business/banking-and-finance/retail-customers-pay-for-westpac-big-bad-loans-20160502-gok35n.html...
View ArticleBFCSA Warning: Why you should avoid ANZ Notes 3
Warning...... Why you should avoid ANZ Notes 3 February 10 2016 Nathan Bell http://www.smh.com.au/business/intelligent-investor/why-you-should-avoid-anz-notes-3-20150209-139tth.html When a banker...
View ArticleBFCSA: Greed is good? Not so, says this $1 trillion money manager
No wonder Goldman Sachs has invested heavily into student accommodation here... Greed is good? Not so, says this $1 trillion money manager May 4 2016 Katherine Chiglinsky...
View ArticleBFCSA Warning: Westpac is preparing a hybrid bond issue worth around $1...
Interrogate your MP: Where do you stand on Glass-Steagall? 4 May 2016 Vol. 18 No. 18 https://gallery.mailchimp.com/0e711a75e092d068debcd1a03/files/AASVol18No18_Almanac12_email.pdf Westpac is...
View ArticleBFCSA: Negative gearing driving up house prices, says MP John Anderson
Negative gearing driving up house prices, says MP HomeNews by John Maguire03 May 2016 Most Discussed Struggling Aussies increasingly turning to debt agreements More and more indebted...
View Articlebfcsa: Business bites: banks look after their own ... shareholders groan ......
Business bites: banks look after their own ... shareholders groan ... What are the biggest shareholders in our banks? Parts of the banks themselves. Isn't that tidy? April 13 2016...
View ArticleBFCSA: Banker claims: "behavioural problems in the banks are not systemic,...
What a load of drivel from this guy: "It's difficult to justify a Royal Commission into Australia's banking system. The behavioural problems in the banks are not systemic, they're...
View ArticleBFCSA: Australia's Banking Toxic Mortgage Horror: Westpac expects more...
Westpac expects more consumer loans to turn bad in second half HomeNews by AB05 May 2016 Most Discussed Struggling Aussies increasingly turning to debt agreements More and more indebted...
View ArticleBFCSA: Australian SUB PRIME SCANDAL about to burst: Lending to asset-rich,...
Australian SUB PRIME SCANDAL about to burst: Lending to asset-rich, income-poor leading to housing fall Banks targeting the asset-rich and income-poor (ARIP), combined with a record ratio of house...
View ArticleBFCSA: Australian property downhill run: Melbourne CBD apartment values fall...
Melbourne CBD apartment values fall 30pc, settlement fears rise 29 March 2016 http://www.afr.com/real-estate/melbourne-cbd-apartment-values-fall-40pc-settlement-fears-rise-20160328-gnss6d#ixzz44Kfx6JHp...
View ArticleBFCSA: Australian Property Investor loans at risk of default - worst levels...
Attack by Australian banks - destruction of foreign property investor lending 29 April 2016...
View ArticleBFCSA: Beware of NAB and ANZ NOTES: Many investors nursing losses - prices...
They’re all doing it to up their Tier 1...pity all the investors... Avoid NAB Capital Notes BY NATHAN BELL - 24/02/2015 http://www.sharecafe.com.au/ii.asp?a=AV&ai=33635 ANZ's Capital Notes 3...
View ArticleBFCSA: Signs of Australian lending stress rising as banks reveal results
Signs of lending stress rising as banks reveal results The Australian May 5, 2016 12:00am Michael Bennet Even before the Reserve Bank’s rate cut to record lows, Westpac chief Brian Hartzer this week...
View ArticleBFCSA: Westpac, Brian Hartzer snubs Labor and pray's for Morrison Turnbull...
Westpac, Brian Hartzer pray for ScoMo success after Labor snubs Australian Financial Review May 4 2016 10:00 PM Joe Aston Westpac chief executive Brian Hartzer was an honoured guest on the head table...
View ArticleBFCSA: Goldman Sachs say Australian Housing is 36% over valued in Low Growth...
One business that might profit from this environment is the distressed debt investor Pioneer Credit (ASX: PNC). Pioneer buys bad loans off three of the four major banks for 20¢ in the dollar and works...
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