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13 Sep 16 - Business Finance News

British Business Bank Investments Ltd Invests £18M in Praetura Asset Finance
British Business Bank Investments Ltd, the commercial arm of the British Business Bank, today announced an £18M investment in Blackburn and Manchester-based Praetura Asset Finance. The investment, comprising £15M of matched funding and an ...

Brexit just boosted finance job applications in Dublin by 800%
Business and financial services, construction and utilities all reported four-point falls in employer optimism. “After the initial shock of Brexit, we're entering a new phase of prolonged economic uncertainty.

RCap to list home finance business
The board of Reliance Capital has approved the plan to independently list the home finance business on stock exchanges. According to a stock exchange announcement, all shareholders of Reliance Capital will receive one share of Reliance Home Finance ...

The week ahead in business and finance
While other housebuilders have largely shrugged off Brexit uncertainty, investors will be keen to find out how the June referendum has impacted the business, after Truscott flagged “a backdrop of uncertainty for the new financial year”, in its last ...

Westcon's parent lands in Australia with finance business
Datatec Financial Services is a subsidiary of Datatec, the South African parent company of distributor Westcon-Comstor, and IT solutions providers Logicalis and Thomas Duryea.

Finance news you need to know today
HERE are six things making news in business and finance today. 1. SYDNEY - The Australian dollar has regained some of the losses it suffered amid greater expectations of a US interest rate rise and concerns about the longevity of monetary easing in ...

Hajj slowdown hits Saudi businesses
Saudi businesses catering to hajj visitors have taken a hit this year as far fewer pilgrims arrive and those who come have less cash to spend.

Reliance Capital hives off commercial finance business
Reliance Capital hives off commercial finance business. By ET Bureau | Sep 12, 2016, 11.31 AM IST. Post a Comment. MUMBAI: Reliance Capital today hived off its commercial finance devisio into a separate subsidiary. "The shareholders of Reliance Capital ...

CBA shareholders in the money 25 years after float
Alongside its financial performance, however, CBA has also more recently been embroiled in the industry-wide run of scandals in which customers have been treated poorly.

Finance next in Nine's digital revamp
Overnight Nine finalised the acquisition of a majority stake in automotive review website CarAdvice valued at $35 million, a mix of cash and contra advertising, with a pathway to the broadcaster owning 100 per cent of the business in three years. "For ...

NAB to offer digital credit card in mobile banking revamp
Mobile banking has boomed in recent years, becoming the dominant channel through which customers manage their finances, so lenders are competing fiercely to improve their digital offerings.

Colony American Finance Reaches $2 Billion in Loan Originations
“Crossing the $2 billion milestone is a proud accomplishment in our company's history and we thank our borrowers for their continued partnership,” said Ryan McBride, Chief Operating Officer of CAF.

Finance squeeze hurting Perth land market
“They changed the criteria because they are reconstructing the book, and by changing the lending criteria it's knocked quite a few people out of the market,” Mr Satterley told Business News. “The other problem is that Bankwest, who are a fantastic ...

Germany heading for financial NIGHTMARE as biting Brexit sees confidence fall off a CLIFF
... Sport · Comment · Finance · Travel · Entertainment · Life & Style · City & Business · Personal Finance · Retirement · The Crusader · Home · Finance · City & Business; Germany heading for financial NIGHTMARE as biting Brexit sees confidence fall off ...

Small businesses are shunning banks and turn to lender alternatives
A few months later, Katakis obtained a second loan with Prospa, and then a third - firstly to embark on a marketing campaign and another to finance the opening of a second shop, due to open in Surry Hills before Christmas. Not bad for a business that ...

BPS signs $100m finance deal
GOLD Coast-based global trade exchange business BPS Technology has stitched up a $100 million agreement with a major small business finance provider. Under the deal, BPS Financial, a subsidiary of the listed BPS, will market finance products to its ...

11 of my coworkers shared the worst money mistakes they've made — or narrowly avoided
So making the occasional money mistakes is inevitable. But some of our most expensive mistakes stay with us forever - scaring us straight and teaching us a lesson.

The psychopaths in your office
“They are over-represented in certain occupations: politics, business, high-risk sport. The research on that is in the preliminary stages.

ignore the end of zero rates at your peril
In the case of the Bank of Japan, staff have been working extensively over many months to assess the effectiveness of negative interest rates and the costs imposed on the financial sector. The late July statement was evidence of a shift in thinking ...

Capitala Finance Corp. Announces Sale of Portfolio Assets
CHARLOTTE, N.C.--(BUSINESS WIRE)--Capitala Finance Corp. (Nasdaq:CPTA) (the “Company”) announced today that it has generated approximately $47.6 million in proceeds from the sale of existing investments.

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