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Showing 141 - 150 of 192 results for "Basel"

ANZ posts record profits

MARK SMITH  |  THURSDAY, 25 OCT 2012
... funding costs and Smith warns that conditions were likely to be more challenging heading into the future, especially with the Basel III capital adequacy rules coming into effect. "With the global economy softening, it's clear that the post-GFC lower ...

Hybrid securities back in favour

LINDA HAUSKEN  |  MONDAY, 8 OCT 2012
... noted that it is the first Australian bank with its Tier 1 offer to be compliant with the new bank capital rules known as Basel III, which will come into full effect from January 2013. Meanwhile, ASIC is currently pushing to change the name from 'hybrid ...

APRA issues final Basel III reforms

LINDA HAUSKEN  |  TUESDAY, 2 OCT 2012
... Prudential Regulation Authority (APRA) has issued the long awaited final version of its new bank capital rules, known as Basel III, which are scheduled to come into full effect from next year. The Basel III capital framework was introduced by the Basel ...

ANZ ditches Visa shares

BEN COLLINS  |  WEDNESDAY, 19 SEP 2012
... made sense given the non-strategic nature of the holding coupled with their less than attractive capital treatment under Basel 3." The shares were purchased as part of Visa's 2007 initial public offering. Approximately 3.5 million have been sold, ANZ ...

Cash in on overseas asset offload

BEN COLLINS  |  THURSDAY, 6 SEP 2012
... range of allocation - from zero to more than 20% - with a strong bias towards domestic real estate. Regulatory changes, like Basel II and III are seeing a shift in the ownership of real assets around the world, said J.P. Morgan Asset Management's head ...

CBA set to launch a $750 million hybrid offer

LINDA HAUSKEN  |  TUESDAY, 4 SEP 2012
... treasury of Commonwealth Bank of Australia. David Craig, group chief financial officer said that PERLS VI will be the first BASEL III compliant Tier 1 hybrid issued by an Australian bank, which demonstrates the Group's proactive approach to its ongoing ...

Investment banking scale down: Barclays

BEN COLLINS  |  MONDAY, 3 SEP 2012
... on." He said profits would be hit by British plans to force banks to ring fence their retail activities, reported AAP. New Basel III rules will also require Europe's major banks to hold more cash as a safeguard against another financial crisis. Jenkins ...

Aust lags in financial job market

MELANIE TIMBRELL  |  TUESDAY, 17 JUL 2012
... few more opportunities in risk should open up at both banks and consulting firms, thanks largely to the introduction of Basel III," said George McFerran, managing director of eFinancialCareers Asia Pacific. Singapore was the least-worst scenario for ...

All juiced up

BENJAMIN ONG  |  THURSDAY, 7 JUN 2012
All assets with risk attached to them are jumping with joy and dancing on the streets. Global equities - measured by the MSCI All-Country World Index - jumped by 2.3% overnight, the biggest one-day gain since 20 December. The euro hopped above US$1.25. ...

Super sector turning to dedicated long-term lenders

BEN COLLINS  |  THURSDAY, 31 MAY 2012
... commercial property borrower, what you find is that the only source of capital is the four major banks. Holm said the effect of Basel I & II combined with APRA regulations make it much more difficult for the banks to lend beyond three years in non-residential ...