Westpac CEO Gail Kelly is believed to be concerned that St George customers may move to Bendigo or ANZ as the merger takes hold. Just one St George executive ha.....
CreditMart recently undertook some analysis around interest rates on reward program credit card offers and found that the average interest rate on these cards was 1.....
Not all credit cards are created equally. And so it makes it that much harder to decide which credit card offer to choose. There are many factors you sh.....
Virgin Money has been forced to shelve plans to offer a personal loan product after Macquarie Bank pulled out of plans to fund the loans. The loan was to launch in the next two weeks but Macquarie's withdrawal of the $200 million that would have funded the loans has scuppered Virgin's plans. "They are not originating and more personal loans due to the sharp increase in the cost of credit. Our problem is that we have been partnering with them for more than a year on this…and unfortunately the decision has forced us to let a number of people go. I'm disappointed. We're losing some very talented employees," said Virgin chief executive, David Wakeley.
