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Showing 14171 - 14180 of 17978 results for "Bank"

Econocrats pour cold water on mortgage agency

... opening remarks to the House of Representatives Standing Committee on Economics inquiry into competition in banking, Reserve Bank deputy governor Ric Battellino yesterday said, "Some commentators have recently been concerned that the financial turmoil ...

Market Wrap - Morning

AAP  |  FRIDAY, 15 AUG 2008
... index futures contract was up 20 points at 4,949. Data releases today include the Housing Industry Association/Commonwealth Bank housing affordability report for the June quarter. Annual results are released by Babcock & Brown Japan Property Trust and ...

Shaw grows business in shaky times

RUTH LIEW  |  THURSDAY, 14 AUG 2008
... equities and last month Mark Stewart joined as executive director of corporate finance. Stewart was previously at Deutsche Bank, RMB Australia and Deloittes. In addition, two key hires have been made in Melbourne. Daniel Sharp also joined as executive ...

Same old same old

BENJAMIN ONG  |  THURSDAY, 14 AUG 2008
... Exports fell as global growth slowed and domestic spending declined due to higher prices. And no good news for the UK. The Bank of England lowered its growth forecast to 0.1 percent in the year to the March 2009 quarter with a clear possibility of one ...

Market Wrap - Morning

AAP  |  THURSDAY, 14 AUG 2008
The Australian stock market is expected to open lower following falls on Wall Street, although at 0750 AEST the Sydney Futures Exchange's September share price index futures contract was just four points down at 4,910. In economic news today, the Australian ...

UBS restructures core business

MICHAEL HOBBS  |  WEDNESDAY, 13 AUG 2008
Global investment bank UBS is separating its business into three separate divisions in a bid to make the bank more effective post sub-prime. The group will now operate as three autonomous business entities. The firm said the new structure would provide ...

Kenya budgets right for investments

MICHELLE BALTAZAR  |  WEDNESDAY, 13 AUG 2008
... repeated. Under the new budget, the government will prohibit anyone who controls more than 25 per cent of a broker or investment bank or fund manager from holding management position in that firm. The minimum capital requirement of a broker has been ...

Comm Bank halts ABN AMRO talks

MICHAEL HOBBS  |  WEDNESDAY, 13 AUG 2008
The Commonwealth Bank stopped negotiating with the Royal Bank of Scotland to purchase ABN AMRO Australian Holdings, citing uncertainty in financial markets. In a statement, the Commonwealth Bank said it decided to end negotiations with the Royal Bank ...

Financial woes continue to haunt

BENJAMIN ONG  |  WEDNESDAY, 13 AUG 2008
... UBS added that it does not expect 'adverse economic and financial trends' to change. Wachovia Corp., the fourth-largest US bank, revised its second quarter loss higher to US$9.1 billion from the US8.9 billion deficit announced last month. The bank also ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 13 AUG 2008
... Institute index of consumer sentiment, the Australian Bureau of Statistics labour price index for the June quarter, and Reserve Bank of Australia Assistant Governor Philip Lowe will speak in Sydney at the Retail Financial Services Forum, day one of the ...