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Showing 11331 - 11340 of 17967 results for "Bank"

Market Wrap - Morning

AAP  |  MONDAY, 19 SEP 2011
... dropped to $US1.3784 from $US1.3882 late in New York on Thursday, when it soared above $US1.39 following surprise central bank action to ease dollar liquidity problems on the market increasingly concerned about an aggravation of the eurozone debt crisis. ...

Market Wrap - Midday

AAP  |  FRIDAY, 16 SEP 2011
... returned. Financial stocks were up 2.6 per cent, with all the major retail banks trading higher. The National Australian Bank gained the most ground, rising three per cent, or 67 cents, to $23.00. Turnover was 806.96 million shares changing hands for ...

Spring lands CBA wealth head role

MATT WOODINGTON  |  FRIDAY, 16 SEP 2011
Annabel Spring has been appointed as Commonwealth Bank's new head of wealth management, replacing Grahame Petersen who will now lead the business and private banking division. Spring, currently the group head of strategy, will take over as group executive ...

Perpetual shuts $1bn mortgage funds to focus on income

MATT WOODINGTON  |  FRIDAY, 16 SEP 2011
Perpetual is closing its suite of mortgage funds, which have around $1 billion in funds under management, turning its attention to commercial mortgage lending and a secured private debt series for retail investors. As of September 17, Perpetual will ...

UBS $2bn rogue trader in custody

RACHEL DAVIS  |  FRIDAY, 16 SEP 2011
... trader has been arrested in London on suspicion of fraud by abuse of position, resulting in a US$2 billion loss for the Swiss bank. The news, breaking three years to the day after the collapse of Lehman Brothers, has put UBS trading activites back in ...

Dangerous currents

BENJAMIN ONG  |  FRIDAY, 16 SEP 2011
... See what a little concerted, decisive action does. Global equity markets rallied following news that the European Central Bank, in coordination with the US Federal Reserve, the Bank of England, the Bank of Japan and the Swiss National Bank, is extending ...

Market Wrap - Morning

AAP  |  FRIDAY, 16 SEP 2011
... conditions - reinforced beliefs that the economy is stagnating. But stock prices surged again after the European Central Bank, along with its US, Japanese, Swiss and British counterparts, announced they would act in concert to inject extra US dollar ...

New risk technologies shifting industry power

MATT WOODINGTON  |  THURSDAY, 15 SEP 2011
... risk, boasting 20 of the world's largest 30 financial institutions as its clients. "Probably the greatest danger is that a bank or financial institution can be unaware of all its exposures," said John Byrne, chief executive officer. "As institutions ...

Market Wrap - Midday

AAP  |  THURSDAY, 15 SEP 2011
Australian shares were up more than 1.5 per cent by noon, but had shed some of their earlier gains as the initial enthusiasm of buyers waned. At the open the market bounced back from a weak close on Wednesday after a rally on European and US markets ...

Deutsche Asset Management adds to Fixed Income team

RACHEL DAVIS  |  THURSDAY, 15 SEP 2011
Deutsche Bank's Asset Management business has appointed credit analyst Jennifer Wee to its fixed income team based in Melbourne. Wee will work with local team members Chris Siniakov, Andrew Canobi and Steve Sutcliffe on the management of Deutsche Asset ...