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Showing 11541 - 11550 of 17967 results for "Bank"

Hidden threat may lurk on bank balance sheets

ALISON BEVEGE  |  FRIDAY, 8 JUL 2011
Real estate investors with interest only loans are the biggest threat to Australia's Big Four bank balance sheets, a senior equities analyst has said. While public attention has been captured by the Greek sovereign debt crisis and falling demand for ...

BNP Paribas gains Aust banking licence

ELISE BURGESS  |  FRIDAY, 8 JUL 2011
... Securities Services, granted a banking licence by the Australian Prudential Regulatory Authority. The licence will allow the bank to provide custody and clearing solutions from 2012 onwards, specifically targeting potential new clients in non-resident ...

Market Wrap - Morning

AAP  |  FRIDAY, 8 JUL 2011
... contract was up 32 points at 4,617. In economics news on Friday, the assistant governor (financial markets) of the Reserve Bank of Australia (RBA), Guy Debelle, delivers an address in Adelaide to the Workshop on Global Macro and Finance Issues, entitled ...

Market Wrap - Midday

AAP  |  THURSDAY, 7 JUL 2011
... $44.27, while Rio Tinto fell 19 cents to $83.41. The big banks were mixed, ANZ shedding 14 cents to $21.71, National Australia Bank gaining four cents to $25, Commonwealth Bank losing five cents to $51.52, and Westpac dropping 11 cents to $21.78. News ...

Market Wrap - Morning

AAP  |  THURSDAY, 7 JUL 2011
... and DuPont leading the Dow with gains of 1.5 per cent and 1.4 per cent, respectively. Financial stocks were battered, with Bank of America tumbling 2.3 per cent, Citigroup falling 1.3 per cent and Wells Fargo down 1.1 per cent. Separately, a monthly ...

Not in the mood for bad news

BENJAMIN ONG  |  THURSDAY, 7 JUL 2011
... authorities are kicking runs out of road. Wall Street ended higher despite (could easily be 'because') news that the People's Bank of China raised interest rates for the third time this year. From this morning, deposit and lending rates in the second ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 6 JUL 2011
... becoming concerned that there's contagion coming through Europe again," Mr Herring said. Among the big banks, National Australia Bank the worst performer, losing 27 cents, 1.07 per cent to $24.87. Commonwealth Bank lost 52 cents, or one per cent, to ...

Ascalon fund cashes in on low carbon world

ELISE BURGESS  |  WEDNESDAY, 6 JUL 2011
Ascalon Capital Managers continues the momentum of funds moving into the clean energy space, launching a retail version of Arkx Investment Management's clean energy fund to capitalise on low carbon economies. The Arkx Global Clean Energy Fund will focus ...

AUI banking on insto retirement capital

MATT WOODINGTON  |  TUESDAY, 5 JUL 2011
Australian Unity Investments (AUI) hopes to secure seed capital for its retirement village fund within the next two to three months and is looking to super funds for $200 million in the long run. While insisting that AUI remains committed to the retail ...

Market Wrap - Midday

AAP  |  TUESDAY, 5 JUL 2011
... as well, so there's not much to go on," Ms Spencer said. Investors will be watching the outcome of meeting of the Reserve Bank of Australia board later on Tuesday, but most expect rates to remain on hold, Ms Spencer said. "No move at all is widely expected ...