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Showing 13761 - 13770 of 17976 results for "Bank"

Market Wrap - Midday

AAP  |  WEDNESDAY, 21 JAN 2009
... surprising either. Rio Tinto has cut their staff already." Rio Tinto fell $1.49, or 3.92 per cent, to $36.50. National Australia Bank dropped 73 cents, or 3.97 per cent, to $17.66, ANZ fell 53 cents, or 3.87 per cent, to $13.17, Westpac was down 51 cents ...

Sun Hung Kai targets distressed financial firms

MICHAEL HOBBS  |  WEDNESDAY, 21 JAN 2009
Hong Kong-based Sun Hung Kai Financial has set up a recovery fund to take advantage of undervalued distressed global financial firms. The fund, which is restricted to "professional investors" and is not available locally, was developed after the group's ...

Confidence yardstick rises

MICHELLE BALTAZAR  |  WEDNESDAY, 21 JAN 2009
A monthly index that measures investor confidence in key sharemarkets rose for the first time in six months, with US institutional investors the most bullish about the performance of equities. The findings came from the State Street Investor Confidence ...

Janus banks on maths for success

RUTH LIEW  |  WEDNESDAY, 21 JAN 2009
Melbourne-based Janus Capital Asia is staying true to its quantitative analysis investment strategies to win mandates this year. John Landau, head of Australian operations at Janus Capital, there's been "a lot of strong interest" across Janus and Enhanced ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 21 JAN 2009
... major indices down more than two per cent. Investors already nervous about the state of US banking were rattled by the Royal Bank of Scotland's forecast that its losses for 2008 could top $US41.3 billion ($A61.64 billion), the biggest ever for a British ...

Magellan Global tops overseas shares manager list

MICHELLE BALTAZAR  |  TUESDAY, 20 JAN 2009
... top 10 M&A deals in Australia in their previous roles. Douglas was formerly the joint head of global banking at Deutsche Bank Australasia while Mackay was the former chief executive and chairman of UBS Australasia. It is this M&A background that helped ...

Market wrap - midday

AAP  |  TUESDAY, 20 JAN 2009
... woes in the European financial markets, including a forecast annual loss of up to STG28 billion ($A60.29 billion) by Royal Bank of Scotland, had weighed heavily on the local bourse. "We've been hit quite hard in all our main sectors. It is right across ...

MacarthurCook hires two execs

COMPANY RELEASE  |  TUESDAY, 20 JAN 2009
... held senior property and private banking roles at Investec and was associate director of banking and property at Macquarie Bank. This announcement follows the appointment of Nick McGrath as head of real estate Asia and chief executive of Singapore exchange ...

Dealer groups bank on strong balance sheets

MICHAEL HOBBS  |  TUESDAY, 20 JAN 2009
Key dealer groups Australian Financial Services, The Salisbury Group and Snowball step up to explain their business models after the Storm Financial collapse. While Storm Financial is one of hundreds of dealer groups in the market, its troubles stemming ...

Market Wrap - Morning

AAP  |  TUESDAY, 20 JAN 2009
... the banking sector which suffered from mounting fears about the solvency of leading lenders. A second multi-billion pound bank rescue package in Britain sparked the jitters after Royal Bank of Scotland forecast an annual loss of up to STG28 billion ($A61.34 ...