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Showing 11661 - 11670 of 17967 results for "Bank"

Market Wrap - Morning

AAP  |  WEDNESDAY, 25 MAY 2011
... 3,916.88 points. On Tuesday, Moody's Investors Service said it was reviewing 14 British banks, including Lloyds and Royal Bank of Scotland, for possible downgrade, citing receding chances of any further government support. Elsewhere in Europe, there ...

Alpha aims to lure planners with flexi gearing

MATT WOODINGTON  |  TUESDAY, 24 MAY 2011
Alpha Structured Investments has teamed up with French bank Societe Generale (SG) to create a new flexible gearing product, due to be launched to the Australian market later this month. Financial advisers were invited to a soft launch of the Alpha Super ...

Genworth Financial names Aust director

ELISE BURGESS  |  TUESDAY, 24 MAY 2011
Former Macquarie head, Tony Gill, has moved to Genworth Financial to fill the gap left by Grant Robson as new independent director of its board in Australia. Gill, who was most recently group head, banking and securitisation at Macquarie Group, has ...

Market Wrap - Midday

AAP  |  TUESDAY, 24 MAY 2011
Australian stocks were trading lower at noon, extending losses from the open with the financial sector under selling pressure due to concerns about European sovereign debt. At 1203 AEST, the benchmark S&P/ASX200 index was down 22.7 points, or 0.49 per ...

Judgment Day bargains

BENJAMIN ONG  |  TUESDAY, 24 MAY 2011
... that the new municipal governments would uncover more hidden debts. And to ensure financial Armageddon, the European Central Bank (ECB) continues to whisper "interest rate hike" into investors' ears. It raised interest rates just last month. If Europe ...

Market Wrap - Morning

AAP  |  TUESDAY, 24 MAY 2011
The Australian market is expected to open lower on Tuesday on strongly negative leads from offshore trading overnight. On the ASX 24 at 0721 AEST, the June share price index futures contract was 29 points lower at 4,618. In economics news on Tuesday ...

Timbercorp trio face the music

ALISON BEVEGE  |  MONDAY, 23 MAY 2011
... investment products and Timbercorp Finance which loaned money to investors to finance their purchases. It is believed that ANZ Bank provided the funds that Timbercorp finance loaned to investors. The professional indemnity insurers and directors' and ...

Market Wrap - Midday

AAP  |  MONDAY, 23 MAY 2011
... ratings by three notches to B-plus, and Standard & Poor's lowered Italy's credit rating outlook from stable to negative. Bank stocks are bearing the brunt of those concerns. At 1203 AEST, NAB had shed 72 cents, or 2.63 per cent, to $26.69, Westpac had ...

Don't blame China for inflation: AllianceBernstein

ELISE BURGESS  |  MONDAY, 23 MAY 2011
Lay off China when it comes to global inflationary pressures was a central theme at the AllianceBernstein symposium where clients and industry heads gathered to discuss the changing face of global investing. Discussing the impact of emerging markets ...

Market Wrap - Morning

AAP  |  MONDAY, 23 MAY 2011
... massive challenges of correcting the country's finances and Norway suspended the pay of a $US42 million grant to Greece. Bank of New Zealand currency strategist Mike Jones said the Australian dollar proved resilient amid the sell off in the euro and ...