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Showing 1141 - 1150 of 1325 results for "Stage 2"

UBank brand not quite ready for NAB

WWW.THESHEET.COM  |  FRIDAY, 3 OCT 2008
National Australia Bank chose the height of the second stage of the great credit crunch as the right time to introduce its alternative retail bank brand UBank to the Australian market. The first product for NAB's UBank is an aggressively priced three-month ...

ESG buck stops with super

MICHAEL HOBBS  |  THURSDAY, 25 SEP 2008
Better and broader environmental, social and governance (ESG) research will occur when the major players high on the 'supply chain' such as super funds demand it, according to John Coombe, JANA executive director. Speaking at the Responsible Investment ...

Omgeo expands derivatives tech

MICHELLE BALTAZAR  |  WEDNESDAY, 24 SEP 2008
Post-trade technology provider Omgeo increased its muscle in processing trades in derivatives after acquiring UK technology outfit Allustra and buying a derivatives portfolio reconciliation platform designed by Global Electronic Markets (GEM). The newly-acquired ...

Hedge fund to invest $500m into carbon capture

ALEX DUNNIN  |  THURSDAY, 4 SEP 2008
Hedge fund group Och-Ziff is investing $500 million in carbon capture projects to create tradable greenhouse gas reduction abatement securities. The investment projects will focus on adaptive technology that will be attached to smokestacks of utility ...

Industry questions dual role of CEO

RUTH LIEW  |  FRIDAY, 29 AUG 2008
Should a superannuation fund's chief executive sit on the fund's Trustee Board? Industry experts are divided on whether wearing both hats create potential conflicts of interest. The panelists at the Fund Executives Association Limited's (FEAL) national ...

IOOF profits down

RUTH LIEW  |  THURSDAY, 28 AUG 2008
IOOF has reported $26 million in net profit after tax, a drop of more than 10 per cent lower from its previous corresponding period. In a statement released on the Australian Securities Exchange today, IOOF reported a $25.9 million underlying net profit ...

Market Wrap - Midday

AAP  |  MONDAY, 25 AUG 2008
The Australian stock market was two per cent higher at noon on gains from the financial sector following a strong lead from Wall Street on Friday night. At 1200 AEST the benchmark S&P/ASX200 was 100 points, or 2.03 per cent higher at 5031.4, while the ...

Challenger buys 30pc stake in ex-CS boutique

RUTH LIEW  |  FRIDAY, 22 AUG 2008
Challenger has snapped up 30 per cent of a soon to be launched fixed interest boutique headed by former head of fixed interest at Credit Suisse Asset Management Australia, Ben Alexander. Challenger will buy one third of the new boutique, expected to ...

Finance recruiters keen for more

RUTH LIEW  |  TUESDAY, 19 AUG 2008
Australia's financial services industry is hungry for new blood - spurring some of the biggest names in the industry to embark on a serious recruitment hunt via Kaplan Professional's Financial Services Careers Week. Kaplan officially unveilled its Careers ...

Credit Suisse slapped with $12m fine

RUTH LIEW  |  FRIDAY, 15 AUG 2008
Investment banking giant Credit Suisse has been fined $12 million by the UK's Financial Services Authority for repricing certain asset-backed securities. According to a statement released by the FSA, Credit Suisse was fined $12 million for "failing ...