Leveraged Equities News Today

Bell Financial Group (Bell FG) appointed Craig Saunders to the newly created group head of sales role, effective immediately.

The Federal Reserve raised the benchmark interest rate by 75 basis points last month for the third consecutive time after August’s consumer price index (CPI) increased higher than expected. The fifth-straight hike this year to the federal funds rate brings it to a range of 3% to 3.25%, the highest since 2008. The Fed’s new projections show […]

The $715m margin lending portfolio of Australia and New Zealand Banking Group has been sold to Bendigo and Adelaide Bank. Firm: Piper Alderman (Bendigo and Adelaide Bank Limited) Deal: Piper Alderman

The deal is expected to close in the first half of 2023

Bendigo and Adelaide Bank Limited has agreed to acquire the share investment lending portfolio of the major bank for its margin lending business. Bendigo and Adelaide Bank Limited has agreed to acqui

Bendigo and Adelaide Bank has inked a deal to buy the ANZ investment lending portfolio, allowing it to further grow its margin lending business, Leveraged Equities.

The regional bank will oversee a $2 billion margin loan portfolio after it acquires ANZ’s investment lending business.

The deal will see Bendigo and Adelaide Bank’s margin lending portfolio exceed $2 billion. Bendigo and Adelaide Bank has agreed to acquire ANZ’s $715 million share investment lending portfolio in

Consumer sentiment hit record lows, with rising concerns regarding persistently high inflation. With inflation hitting a new 40-year high at 8.6% in May, an aggressive rate hike of up to 75 bps is very likely in the near term, and the Fed’s 2% inflation target seems to be a distant dream now. Such grim anticipation and lingering […]