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| | | Agribusiness fund manager Great Southern has appointed administrators after its banks withdrew support for its ongoing restructuring program. The directors of Great Southern Limited and Great Southern Managers Australia Limited have appointed Martin ... |
| | | | Cracks on the Wall? Have markets got ahead of themselves and investors are now looking for the greater fool? Taking Wall Street's cue, most major equity markets around the world finished last week's trading activity in the red. But then again, most ... |
| | | | ... there is more good news to come. "It looks like Rio and BHP are really leading the way this morning." Australia's biggest bank, Westpac, was up 39 cents, or 1.93 per cent, at $20.59, while National Australia Bank rose 37 cents to $21.55 and ANZ gained ... |
| | | | ... strong flows to the firm's employer-sponsored superannuation channel and risk insurance business. AMP Capital Investors, the bank's investment management division, recorded a 15 per cent fall in assets under management to $89.7 billion over a year to ... |
| | | | Anthony Wamsteker, the long-time head of ME Bank is leaving the bank at year-end after his group chief executive role was replaced with two CEO spots to head ME Bank and Industry Funds Services/Industry Funds Management. Wamsteker has been the chief ... |
| | | | ... well, that is, the ones that missed out on the rally of the past few weeks are now starting to perform." Australia's biggest bank, Westpac, was 35 cents down at $20.25, while National Australia Bank was down 39 cents at $21.33 and ANZ fell 42 cents to ... |
| | | | Perpetual Trustee Company has started legal proceedings in the UK on behalf of more than 1,000 retail investors who invested in $125 million worth of credit-linked Mahogany Capital notes that were sold by Grange Securities. Perpetual, the security trustee ... |
| | | | One for the bears. The pendulum has swung in favour of the 'dead cat bounce' camp as Wall Street clocked its third consecutive day of losses. The S&P 500 fell by 2.7 per cent overnight, taking its total losses over the past three trading sessions to ... |
| | | | ... surprised that engineering stocks had not risen with the news of more government infrastructure spending. Australia's biggest bank, Westpac, was 14 cents higher at $20.52, while National Australia Bank was down 20 cents at $21.66 and ANZ was fell 22 ... |
| | | | ... bonds. ASF represents the securitisation industry in Australia. The forum includes 120 organisations including banks, non-bank mortgage providers, investment managers, investors, rating agencies and others. |
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