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Showing 71 - 80 of 105 results for "RMB"

Goldman Sachs accused of fraud

SEC RELEASE  |  MONDAY, 19 APR 2010
The Securities and Exchange Commission (SEC) has charged Goldman Sachs and one of its vice presidents for fraud relating to subprime mortgages. The SEC is charging Goldman Sachs for defrauding investors by mis-stating and omitting key facts about a ...

Macquarie enters China JV

RUTH LIEW  |  FRIDAY, 28 AUG 2009
... Finance House. The Chinese JV, which will be called Sino-Australian International Trust Company, will enable Macquarie to offer RMB products and arrange domestic debt and equity financing, noted a media statement from the group. Beijing Sanjili Energy ...

China's SWF on hiring spree

RUTH LIEW  |  WEDNESDAY, 17 JUN 2009
... Financial Times and Wall Street Journal. CIC was established on September 29th 2007 with the issuance of special bonds worth RMB 1.55 trillion by China's Ministry of Finance. These were, in turn, used to acquire approximately US$200 billion of China's ...

Industry Super splits top job

COMPANY RELEASE  |  FRIDAY, 15 MAY 2009
Anthony Wamsteker, the long-time head of ME Bank is leaving the bank at year-end after his group chief executive role was replaced with two CEO spots to head ME Bank and Industry Funds Services/Industry Funds Management. Wamsteker has been the chief ...

Australian RMBS gains appeal

RUTH LIEW  |  TUESDAY, 12 MAY 2009
Ultra high net worth investors in Australia are starting to wade back into the Australian Residential Mortgage-Backed Securities (RMBS) market, according to Merrill Lynch. Chris Selby, head of Merrill Lynch Global Wealth Management in Australia, has ...

ASF appoints chair

MICHAEL HOBBS  |  WEDNESDAY, 4 MAR 2009
The Australian Securitisation Forum (ASF) has appointed Mallesons Stephen Jaques managing partner, Stuart Fuller, as chair. Fuller replaces outgoing chair, Phil Vernon. The ASF represents more than 120 organisations including banks, non-bank mortgage ...

Westpac number one ADI branch owner

ALEX DUNNIN  |  THURSDAY, 13 NOV 2008
As banks reclaim market share in the mortgage market following the RMBS market meltdown and the flight to government guaranteed deposit taking institutions, APRA has released figures showing their branch network is as strong as ever. According to the ...

Government pumps $500m into Members Equity

RUTH LIEW  |  THURSDAY, 30 OCT 2008
Industry Super Fund-owned Members Equity Bank has received a $500 million injection following the Federal Government's Australian Office of Financial Management's investment in its super members' home loans RMBS. In a media statement released by MEB ...

Govt breathes new life into RMBS

MICHELLE BALTAZAR  |  TUESDAY, 30 SEP 2008
The Rudd Government's move to set up a government-sponsored mortgage body and invest in $4 billion of Australian residential mortgage-backed securities (RMBS) should reinvigorate the ailing RMBS market and re-instate it as an attractive asset class ...

Challenger goes public

THE SHEET  |  TUESDAY, 16 SEP 2008
The structured finance sector of the domestic debt capital market saw most activity last week, in terms of issuance and rating actions. The sector, and primarily RMBS, has made something of a comeback this month after a relatively quiet August. Issuance ...