Aussie Big-Bank Lending Seen Tightening

09 Apr 2010

Lending by Australia’s largest banks is expected to tighten, according to JPMorgan Chase and Fujitsu in their semiannual mortgage industry report.

Lending by Australia’s largest banks is expected to tighten, according to JPMorgan Chase and Fujitsu in their semiannual mortgage industry report. Scott Manning, a JPM analyst, explained that the big banks will likely shift focus from market-share expansion, a strategy they used during the crisis to improve volume, ...

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