$1 Mortgage insurance from the banks. At least it isn’t the government stepping in.
Tag: Banking
Banks to extend mortgage holidays beyond September.
Banks are being encouraged to use their capital for loans.
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Calls for a Banking Dictatorship
We thought negative interest rates were bad.
Westpac tightens credit and 100,000 bank loans deferred.
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Retailers Closing For Good
More discussion of some retailers closing for good after the lockdown.
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ME Bank “Bailing-In” Home Loans
Members Equity Banks is “Bailing-In” home loan redraws.
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Stock Market Loses 5% in one day
The stock market fell 5% on Friday.
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Negative Interest Rates Arrive
Deutsche Bank Introduces Negative Interest Rates for retail customers.
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Westpac’s Worrying Warning
Westpac has joined NAB with a worrying warning.