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Showing 10381 - 10390 of 17967 results for "Bank"

Market Wrap

AAP  |  WEDNESDAY, 5 SEP 2012
... well below averages," Mr McCarthy said. "We're seeing similar today. "It's understandable given the ECB (European Central Bank) meeting, non-farm payrolls (in the US), the constitutional court ruling in Germany next week, the FOMC (US Federal Reserve's ...

10,000 finance jobs slashed since GFC

BEN COLLINS  |  WEDNESDAY, 5 SEP 2012
... countries, a key finding of the report was that the financial crisis also contributed to the worsening of working conditions for bank employees and increased pressures on Sales and Advice practices. "The global financial system needs to change the rules ...

APRA probe key in NAB case: Lawyers

BEN COLLINS  |  WEDNESDAY, 5 SEP 2012
It's APRA's understanding that National Australia Bank's (NAB) risk assessment of investments linked to toxic US subprime mortgages was insufficient, according to documents filled in the Supreme Court of Victoria yesterday. An affidavit tendered to ...

Swift resolution sought on Storm trial

MELANIE TIMBRELL  |  WEDNESDAY, 5 SEP 2012
Lawyers representing ASIC, the Commonwealth Bank, Macquarie and Bank of Queensland are expected to hold an emergency meeting tomorrow ahead of Federal Court proceedings on the 2008 collapse of Storm Financial. The meeting will attempt to negotiate a ...

Put up or shut up

BENJAMIN ONG  |  WEDNESDAY, 5 SEP 2012
... reaching 364,196 units last month. But more than this increase in car sales and top line growth, the government and the central bank's concrete efforts are breeding optimism among Brazilian consumers and businesses alike. I couldn't say it better than ...

Market wrap

AAP  |  WEDNESDAY, 5 SEP 2012
... June quarter National Accounts figures, including gross domestic product, while the Australian Industry Group/Commonwealth Bank Australian Performance of Services Index (PSI) for August is also due out. No major equities news is expected. In Australia ...

Customer owned bank attracts investors

MELANIE TIMBRELL  |  TUESDAY, 4 SEP 2012
... context of lower credit growth and increased funding costs. "A continued focus on cost management and productivity allowed the Bank to deliver a NPAT of $27.02 million, which was marginally down on the prior years result but given the markets many challenges ...

CBA set to launch a $750 million hybrid offer

LINDA HAUSKEN  |  TUESDAY, 4 SEP 2012
The Commonwealth Bank of Australia is set to launch a new hybrid offer on the 12 of September, which is expected to raise $750 million. The CBA's hybrid offer, known as PERLS VI, will qualify as a Tier 1 Capital and will have an initial face value of ...

Market Wrap

AAP  |  TUESDAY, 4 SEP 2012
... friends in the US not giving us much direction." Europe's main stock markets rose amid growing hopes the European Central Bank (ECB) may unveil a bond-buying program later this week, while investors digested poor manufacturing data. London's FTSE 100 ...

Bond boom or bust?

BENJAMIN ONG  |  TUESDAY, 4 SEP 2012
... its 5-year government bond yield has fallen to a record low of 2.81%. Reports were that slowing inflation would allow the Bank of Korea to lower interest rates further. True, but it's also about their budget stats which the EIU estimate to reach 2.0% ...