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Showing 13801 - 13810 of 17976 results for "Bank"

Market Wrap - Midday

AAP  |  WEDNESDAY, 10 DEC 2008
... course they went down about eight per cent, which is what the other banks did yesterday," Mr Heffernan said. Commonwealth Bank will place $750 million of shares with Merrill Lynch and use the proceeds to redeem its PERLS II securities in March 2009. ...

Standard Chartered signs on SmartStream

RUTH LIEW  |  WEDNESDAY, 10 DEC 2008
Tech firm SmartStream Technologies has signed on Standard Chartered Bank onto its TLM Reconciliations system to create a global reconciliations platform. SmartStream said that Standard Chartered is hiring its services as part of an ongoing strategic ...

Knife falls

BENJAMIN ONG  |  WEDNESDAY, 10 DEC 2008
... keys to their banks and not worry about the discrepancy between the value of their house and the amount owed. It becomes the bank's problem. 'Know when to hold 'em, know when to fold'em, know when to walk away, know when to run.' But the banks' problems ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 10 DEC 2008
The Australian stock market is expected to open lower after US shares fell as negative corporate news reminded investors that the global economy's troubles won't ease soon. At 0828 AEDT on the Sydney Futures Exchange, the December Share Price Index ...

BNP Paribas taps Chile market

MICHAEL HOBBS  |  TUESDAY, 9 DEC 2008
... Chilean based Banco del Estado de Chile (BancoEstado) asset management subsidiary Administradora General de Fondos. The Chilean bank has developed a significant asset management business with more than $1.2 billion in local assets under management. Gilles ...

Market Wrap - Midday

AAP  |  TUESDAY, 9 DEC 2008
... pretty much across the board so they can take part in the raising, purchasing at $16, which is a very attractive price." The bank's shares are in a trading halt and last traded at $17.88. Westpac said the capital raising would strengthen its balance ...

No fee rises until 2011: Hostplus

RUTH LIEW  |  TUESDAY, 9 DEC 2008
... of the global financial crisis. The fund's decision follows last week's 100 basis points interest rate cuts by the Reserve Bank of Australia. David Elia, chief executive of Hostplus, said the decision was unanimously approved by the Hostplus Board in ...

Market Wrap - Morning

AAP  |  TUESDAY, 9 DEC 2008
... Sydney Futures Exchange, the December Share Price Index futures contract was up 97 points at 3,740. In economic news, Reserve Bank of Australia governor Glenn Stevens addresses the Australian Business Economists annual dinner after the Economic Forecast ...

Calls to cut super contribs fails to get traction

ALEX DUNNIN  |  MONDAY, 8 DEC 2008
Simplistically rejecting the idea of temporarily cutting super contributions misses the big opportunity - putting superannuation into the economic frontline and making it part of our monetary policy heavy artillery. A group of economists lead by Nick ...

FMs turn to equities in 2009

RUTH LIEW  |  MONDAY, 8 DEC 2008
... emerging markets, are driving their long-term view on equities," said Charles Genocchio, head of funds and investments at HSBC Bank Australia. Meanwhile bonds and cash have also come under the spotlight, with 50 per cent of fund managers holding an overweight ...