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Australia's Westpac to sell auto finance loan book to Resimac Group

UPDATE 1-Australia's Westpac to sell auto finance loan book to Resimac Group Adds details from paragraph 2 onwards Oct 3 (Reuters) - Westpac Banking Corp WBC.AX said on Thursday it would sell its auto finance loans book to non-bank lender Resimac Group RMC.AX for an expected value of A$1.4 billion ($963.62 million) to A$1.6 billion at completion. Westpac, Australia's second-largest mortgage lender by loans, had partially sold its auto finance business to U.S.
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Australia's Westpac to sell auto finance loan book to Resimac Group

Australia's Westpac to sell auto finance loan book to Resimac Group Oct 3 (Reuters) - Westpac Banking Corp WBC.AX said on Thursday it would sell its auto finance loans book to non-bank lender Resimac Group RMC.AX for an expected value of A$1.4 billion ($963.62 million) to A$1.6 billion. ($1 = 1.4529 Australian dollars) Reporting by Himanshi Akhand
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Westpac Enters Into Agreement To Sell Auto Finance Loan Book TO Resimac

BRIEF-Westpac Enters Into Agreement To Sell Auto Finance Loan Book TO Resimac Oct 3 (Reuters) - Westpac Banking Corp WBC.AX : WESTPAC BANKING CORP-WESTPAC ENTERS INTO AGREEMENT TO SELL AUTO FINANCE LOAN BOOK AGREEMENT TO SELL ITS AUTO FINANCE LOANS AND LEASE RECEIVABLES TO RESIMAC SALE EXPECTED TO COMPLETE IN H1 2025, VALUED AT A$1.4-A$1.6 BILLION
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Dollar firm as war widens in Middle East

FOREX-Dollar firm as war widens in Middle East SYDNEY, Oct 2 (Reuters) - The dollar held its sharpest gain in a week on Wednesday after an Iranian missile attack on Israel drove buying of safe assets as investors fretted about the widening of conflict in the Middle East. Early Asia moves were slight, leaving the euro EUR=EBS below $1.10 following its largest drop in nearly four months overnight.
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Australian dollar in demand as upbeat data lessens rate risks

Australian dollar in demand as upbeat data lessens rate risks SYDNEY, Oct 1 (Reuters) - The Australian and New Zealand dollars hovered near multi-month highs on Tuesday as upbeat domestic data supported sentiment, while optimism over China's stimulus plans boosted iron ore to three-month peaks. Australian data showed retail sales rebounded 0.7% in August, beating forecasts of 0.4% thanks in part to the warmest August since 1910 bringing forward southern hemisphere spring spending.
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