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Showing 13671 - 13680 of 17976 results for "Bank"

Infrastructure wins pension funds votes

RUTH LIEW  |  TUESDAY, 24 FEB 2009
... intentions include CalSTERS, the Washington State Pension Plan, Alaska Permanent Fund Corporation, Oregon PERD, and the World Bank. The phenomenon is also gathering pace in Holland, where its largest pension fund APG unveilled that it had set a 2 per ...

China could own America

BENJAMIN ONG  |  TUESDAY, 24 FEB 2009
... themselves interest free loans and cheaper insurance premiums seeing that they virtually own these companies? Citigroup and Bank of America are next in line, then it'll be the carmakers turn. Wow! How good is that? Mr. And Mrs. Jones owning two of the ...

Market Wrap - Morning

AAP  |  TUESDAY, 24 FEB 2009
... financial stocks were pounded even as government agencies led by the Treasury Department said they will launch a revamped bank rescue program that includes the option of increasing government ownership in financial institutions without having to pour ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
... Homeowner Affordability and Stability Plan (HASP). And it wasn't just the US doing the heavy lifting. The minutes of the Bank of England's (BoE) February meeting - where the Monetary Policy Committee (MPC) voted 8-1 to cut interest rates to an all-time ...

Market Wrap - Midday

AAP  |  FRIDAY, 20 FEB 2009
... very shaky, European and US banks are shaky, and we're shaky, as well," he said. Among the major banks, National Australia Bank sagged 52 cents to $17.88 as it said its former head of Australian operations, Ahmed Fahour, would cease to be a member of ...

AUI adds to BDM team

COMPANY RELEASE  |  FRIDAY, 20 FEB 2009
... Management as a business development managers and, prior to that role, was employed by Asgard, Ord Minnett and Macquarie Bank in Melbourne and Morgan Stanley in London. Leach will manage the Queensland, Northern Territory and northern New South Wales ...

Wide Bay tags Aviva insurance

RUTH LIEW  |  FRIDAY, 20 FEB 2009
Regional banking group Wide Bay Australia has teamed up with Aviva to offer life insurance to its clients. The new insurance, called 'Widecover LiFE' will be distributed throughout Wide Bay's 45 branches across regional Queensland from Cairns to the ...

Thumbs down

BENJAMIN ONG  |  FRIDAY, 20 FEB 2009
... intentions are good and the target rationale. Rising foreclosures are depressing house prices. Falling house prices are depressing bank's balance sheets. Impaired balance sheets are preventing banks from lending. Less credit availability is damaging ...

Market Wrap - Morning

AAP  |  FRIDAY, 20 FEB 2009
... SPI futures index was three points LOWER at 3,397. In economic news today, while there are no major data due, the Reserve Bank of Australia Governor Glenn Stevens appears before House of Representatives Standing Committee on Economics on Friday morning. ...

AMP posts profits, AUM falls

MICHELLE BALTAZAR  |  THURSDAY, 19 FEB 2009
AMP stayed in the black last year despite the market crisis although earnings by its wealth management arms dropped markedly after local and global markets went through the wringer. The group's Contemporary Wealth Management business, which includes ...