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| | | ... the Sydney Futures Exchange's December Share Price Index contract was down 34 points at 5,017. In news today, the Reserve Bank of Australia releases its Financial Stability Review. The Housing Industry Association of Australia releases its new home sales ... |
| | | | ... higher up the supply chain. "We tap into the resources in UBS which are offshore through our wealth management and investment bank, there's not the scale in Australia at this stage to bring many of those resources onshore," Connolly said. "It's going ... |
| | | | The Financial Standard Intelligence Unit yesterday outlined two extreme scenarios - a positive and a negative -- that could arise as a consequence of the US Congress' passing the US Treasury/Federal Reserve's 'mother of all bail-outs' package. Last ... |
| | | | BankWest and Allianz Finance signed a referral relationship whereby the West Australian banking group refers all new debtor finance customers to Allianz Finance. The deal means besides new debtor customers, existing debtor finance clients will been ... |
| | | | Rising concerns that the $1 trillion investment bank bail-out breaches the US constitution are making it difficult for Congress to quickly approach the bill. At Senate Banking Committee hearings on Capitol Hill, Senator Christopher J Dodd, a Democrat ... |
| | | | The US Congress is still deliberating the administration's latest rescue package - the details and the cost. The Financial Standard Intelligence Unit (FSIU) acknowledges that despite the delay, the US Congress will ultimately pass the government's bailout ... |
| | | | ... investment trust (A-REIT) and healthcare sectors which were the key underperformers. In commercial banking, Commonwealth Bank of Australia lost 46 cents, or 1.03 per cent, to $44.14, while Westpac Banking Corporation was off 53 cents, or 2.15 per cent ... |
| | | | ... 'industrials' at almost 6.5 per cent. For example, BHP Billiton, Rio Tinto, Westpac Banking Corporation, National Australia Bank and Westfield Group make up the index' largest weightings. To be included on the index, companies must meet FTSE's criteria ... |
| | | | Around 3,000 Lehman Brothers employees, including those in Australia, will soon work for Nomura Holdings, after the Japanese investment firm inked a deal to buy Lehman Brother's entire franchise in Asia-Pacific. The deal is still subject to certain ... |
| | | | ... "Sixty-five per cent of our mortgage-managed product is by new brokers, so we have converted them away from just selling bank products to selling our new loan branded mortgage-managed product. If we did not have the Lawfund distribution channel, then ... |
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