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| | | ... the industry. The award for most outstanding industry contribution went to Dr Maurice Newman AC, former chair of Deutsche Bank Australia and the ASX. The award for most outstanding woman in financial services went to Helen Lynch AM who is non-executive ... |
| | | | Medium-sized financial planning licensees will be the first to fall by the wayside as the sector restructures over the coming decade, according to a panel of advice experts speaking at the AFA national conference. The new market leaders will be both ... |
| | | | An independent Sydney-based private investment bank has had its Australian financial services license suspended for failing to lodge financial statements. Far East Capital Limited specialises in the resources sector in the junior end of the market and ... |
| | | | ... stable returns in the floating-rate asset class, through bottom-up credit research and issuer diversification. Director of Bank Loans for Eaton Vance, Scott Page, who will co-manage the fund in Australia, said it had been developed specifically for the ... |
| | | | ... selling ban indirectly destroyed confidence in Dexia that lead to the need for taxpayer-funded bail-out of the French-Belgium bank Dexia. Dexia specialised in lending money to local government authorities. The $A6 billion purchase of Dexia comes just ... |
| | | | ... negotiations. A comprehensive package to solve the sovereign debt dilemma will soon be announced. The package would involve bank recapitalisation, it'll deal with Greek debt and, it'll boost the size of the EFSF rescue fund from a,-440 bil to a,-1 tril. ... |
| | | | ... Tuesday, the December share price index futures contract was up 32 points at 4,281. In economic news on Tuesday, Reserve Bank of Australia deputy governor Ric Battellino is due to deliver a speach to Citi's 3rd Annual Australian and New Zealand Investment ... |
| | | | ... and financial stocks are mostly higher on the back of overseas leads, with the big four lenders led by National Australia Bank which gained 28 cents, or 1.15 per cent, to 24.56. But heavy falls in base metal prices overnight have hurt miners, with metals ... |
| | | | ... deteriorated, given delays in the recovery, in fiscal consolidation and in the privatization plan, as well as the perspective of bank recapitalisations... To steer policy choices towards a sustainable path, Greece has to face strict institutional and ... |
| | | | The Australian dollar rose almost one US cent as traders position themselves in preparation for the weekend's crucial eurozone summit. Overnight, Greek members of parliament passed a deeply resented austerity bill that has led to violent protests on ... |
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