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| | | ... 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 ... |
| | | | ... 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 ... |
| | | | 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 ... |
| | | | 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | 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 ... |
| | | | ... 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 ... |
| | | | ... 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% ... |
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