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Showing 13941 - 13950 of 17976 results for "Bank"

Swan clears St George takeover

WWW.THESHEET.COM  |  FRIDAY, 24 OCT 2008
... Westpac yesterday received the formal approval of Wayne Swan, Australia's Treasurer, for its planned takeover of St George Bank. The approval comes with some limp conditions that conform to Westpac's stated plans for the bank, including maintaining branch ...

More pain for insurance firms

RUTH LIEW  |  FRIDAY, 24 OCT 2008
Global insurance brokerage firm Aon has warned that following AIG's troubles and government rescue, there will be more bad news from insurers as the sector undergoes mass asset depletion and capital shortage. Speaking yesterday at Aon's 2008 Advanced ...

Market Wrap - Morning

AAP  |  FRIDAY, 24 OCT 2008
... Index fell 506.11 points to 13,760.49. WELLINGTON - The New Zealand sharemarket plunged again today, even after the Reserve Bank of New Zealand cut the official cash rate by a full percentage point to 6.5 per cent. The benchmark NZSX-50 index closed ...

Grant Samuel Epoch tops global shares survey

MICHELLE BALTAZAR  |  THURSDAY, 23 OCT 2008
Grant Samuel Epoch Shareholder Yield fund demonstrates the merits of free cash flow (FCF) based investing after it trumped other global equities managers in one of the roughest months in stockmarket history. No doubt the month of October will reveal ...

Challenger squeezes redemptions

RUTH LIEW  |  THURSDAY, 23 OCT 2008
... Challenger's investors have been retrieving their investments following the Federal Government's introduction of an unlimited bank deposit guarantee. The Challenger Howard Mortgage Fund, Challenger Howard Wholesale Mortgage Fund and Challenger Mortgage ...

B&B in partnership talks

RUTH LIEW  |  THURSDAY, 23 OCT 2008
... confirmed that it has undertaken a process to review the expressions of interest from interested parties. However, the investment bank pointed out that the firm is still considering the process and there was no certainty that a partnership or sale would ...

AMP taps Maple-Brown Abbott for Asian eq expert

COMPANY RELEASE  |  THURSDAY, 23 OCT 2008
AMP Capital Investors has appointed Jonathan Reoch as senior portfolio manager, Asian Equities. Prior to joining AMP, Reoch was at Maple-Brown Abbott where he was the Asian Regional Financials analyst, making stock calls on financial companies in the ...

The luckier country

BENJAMIN ONG  |  THURSDAY, 23 OCT 2008
... likelihood of this happening has been mitigated by the judicious policy responses by the Australian government and the central bank. Australia's monetary and fiscal authorities are being proactive in their policy responses. The Reserve Bank of Australia ...

Market Wrap - Morning

AAP  |  THURSDAY, 23 OCT 2008
... Futures Exchange was down 191 points at 3,968. In economic news, the Housing Industry Association releases its HIA-Commonwealth Bank affordability report for the September quarter today. In equities news, ANZ Banking Group Ltd issues its annual results ...

MLC FUM falls, profits flat

MICHAEL HOBBS  |  WEDNESDAY, 22 OCT 2008
... $4.5 billion and its cash earnings drop 10.7 per cent to $3.9 billion over a one year period to the end of September. The bank's revenue increased by 5.8 per cent to $15.4 billion and its expense dropped two per cent to $7.3 billion. "This [result] reflects ...