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Showing 13651 - 13660 of 17976 results for "Bank"

Market Wrap - Morning

AAP  |  TUESDAY, 3 MAR 2009
... insurer American International Group, which also posted a record loss for the December quarter, and dire news from European bank HSBC saw investors flee financial stocks. Most major markets around the world were down heavily on Monday. Oil, precious ...

Westpac launches BlueChip20

MICHAEL HOBBS  |  MONDAY, 2 MAR 2009
Westpac has launched an Australian shares separately managed account (SMA) that invests in the blue chip stocks to entice generation X into the market. The BlueChip20 SMA allows investors to build a portfolio in Australia's top 20 firms for a $2,500 ...

I have been dead wrong: Buffett

RUTH LIEW  |  MONDAY, 2 MAR 2009
It's not often that a highly respected investment guru such as Warren Buffett admits to making a "major mistake"- but last Saturday, he did. In his annual letter to Berkshire Hathaway shareholders, Buffett acknowledged he made a "major mistake of commission" ...

GFC in a fortnight

BENJAMIN ONG  |  MONDAY, 2 MAR 2009
... bottom. These resulted in more losses and threaten the solvency of big financial institutions - depicted by Citibank and Bank of America over the past fortnight. They beg the government for salvation. The Government responds by promising money, but is ...

Market Wrap - Morning

AAP  |  MONDAY, 2 MAR 2009
... Gauge for February, the Australian Bureau of Statistics' (ABS) business indicators for the December quarter, the Reserve Bank of Australia's (RBA) index of commodity prices for January, and the Housing Industry Association's new home sales data for January. ...

Market Wrap - Midday

AAP  |  FRIDAY, 27 FEB 2009
... sector." Mr Vaughan said that, despite the underperformance, the banking sector had contained the losses. National Australia Bank added 35 cents to $17.86, Commonwealth Bank lost 52 cents to $29.28, Westpac rose 31 cents to $16.96, and ANZ was up 17 ...

APRA outlines priorities

MICHAEL HOBBS  |  FRIDAY, 27 FEB 2009
The Australian Prudential Regulation Authority's (APRA) is focused on authorised deposit taking institutions (ADIs) liquidity risk, prudent capital management and executive remuneration this year. Speaking at the Australian British Chamber of Commerce ...

Invest in debt, but carefully

ALEX DUNNIN  |  FRIDAY, 27 FEB 2009
... Loomis Sayles, during a visit to Australia this week. Finding these opportunities is not as simple as it seems, however. "Bank loans are not stocks. People either pay them back or they default," said Perry. "I don't care about what will happen in 20 ...

Market Wrap - Morning

AAP  |  FRIDAY, 27 FEB 2009
... Sydney Futures Exchange, the March SPI futures index was 21 points lower at 3,290. In economic news on Friday, the Reserve Bank of Australia releases financial aggregates data for January. On the last day of half year profits season, first half results ...

Market Wrap - Midday

AAP  |  THURSDAY, 26 FEB 2009
... saying its unaudited net profit fell eleven per cent in the first four months of fiscal 2009, to the end of January. The bank also said cash earnings for the period, excluding provisions and credit intermediation trades, were up 18 per cent on the corresponding ...