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Showing 13511 - 13520 of 17976 results for "Bank"

Market Wrap - Morning

AAP  |  THURSDAY, 23 APR 2009
... One Financial Corp posted lacklustre quarterly reports. Investors have been worried about rising levels of souring debt on bank balance sheets. A late-session drop in banks left Wall Street's major benchmarks mixed. The Dow Jones industrial average fell ...

Platforms should merge

ALEX DUNNIN  |  WEDNESDAY, 22 APR 2009
Master trusts and wraps should be consolidated into a single government run platform to drive greater efficiencies and lowers costs. Wade Tubman, a director, and Annie Liao, a senior manager in the actuarial practice at PricewaterhouseCoopers, told ...

CommInsure signs UN PRI

MICHAEL HOBBS  |  WEDNESDAY, 22 APR 2009
CommInsure has signed the United Nations Principles for Responsible Investment (UN PRI). A Commonwealth Bank of Australia spokesperson said the investment team within the insurer is working on implementing the principles into the firm's process now. ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 22 APR 2009
... cent, to $30.50, Westpac added 20 cents, or one per cent, to $19.94 and ANZ increased nine cents to $16.46. National Austrlia Bank was flat at $21.16. Commonwealth Bank rose 40 cents, or 1.1 per cent, to $36.28 after announcing it had awarded Telstra ...

Out with the new old

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2009
... growth to recover and that 'the deleveraging process will be slow and painful.' It concluded by saying that further central bank and government policy actions are needed to stabilise the financial system and temporary nationalisation of banks and financial ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 22 APR 2009
... market is expected to open higher after US stocks gained as Treasury Secretary Timothy Geithner reassured investors about bank balance sheets. At 0720 AEST on the Sydney Futures Exchange, the March SPI futures index was up 35 points at 3,706. In economic ...

Market Wrap - Midday

AAP  |  TUESDAY, 21 APR 2009
... benchmark S&P/ASX200 had fallen 102.1 points, 2.71 per cent, to 3666.9 after US equities slumped, amid concern bad debts on bank balance sheets will increase. The All Ordinaries index was down 101.5 points at 3620.8. On the Sydney Futures Exchange the ...

Joint Committee has consumer loans in its sights

WWW.THESHEET.COM  |  TUESDAY, 21 APR 2009
The Parliamentary Joint Committee on Corporations and Financial Services' inquiry into financial products and services will include a review of banking products. Reflecting the transfer of oversight of consumer finance to the Commonwealth, which will ...

Taking a breather

BENJAMIN ONG  |  TUESDAY, 21 APR 2009
... week. Unless it is worse than the 0.5 to 1 per cent contraction already flagged last month, this is old news. The good news. Bank of America beat earnings forecasts as it reported a 44-cent gain in the first quarter - 11 times more than expectations ...

Market Wrap - Morning

AAP  |  TUESDAY, 21 APR 2009
... market is expected to open lower after US stocks slumped on concerns about the level of bad loans held by banks following Bank of America's earnings report. Gold miners may gain after the precious metal advanced on Monday while energy stocks are likely ...