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.....
Opes administrators probe Merrill mistake 21 April 2008
Opes Prime administrator Ferrier Hodgson may strip Merrill Lynch of its secured creditor status as it may have failed to register its charge when the original charge was signed for up to $2 billion worth of stock in October 2006. The Corporations Act requires the charge to be registered within 45 days. Merrill Lynch took a second charge in March this year, but did not register this until after the company was placed into receivership. It is understood that Merrill Lynch had planned to walk away from Opes Prime with its debts covered, but they now have potential to be relegated to unsecured status.
