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Showing 14221 - 14230 of 17978 results for "Bank"

RMBS market on brink of collapse

ALEX DUNNIN  |  THURSDAY, 31 JUL 2008
... billion during the same period last year. This low volume of housing bonds issuance is transforming the mortgage market as non-bank lenders get crowded out by the big banks and evaporating competition. Medcraft said the five largest banks have increased ...

Market Wrap - Morning

AAP  |  THURSDAY, 31 JUL 2008
... exchange, the September share price index futures contract firmed 92 points, or 1.88 per cent, to 4,987. Today, the Reserve Bank of Australia releases financial aggregates data for June. Alumina Ltd and HBOS plc release their interim results and Just ...

DWS Strategic Value gains four stars

MEDIA RELEASE  |  WEDNESDAY, 30 JUL 2008
... Liquidity). The fund is a diversified fund-of-hedge-fund which offers daily liquidity through an arrangement with Deutsche Bank AG in London. The bank makes a market for the certificates given to the fund investors and it is the unit price of these certificates ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 30 JUL 2008
... Westpac Banking Corp rose 78 cents, or 3.86 per cent, to $20.99. ANZ found 49 cents, or 3.09 per cent, to $16.02, Commonwealth Bank of Australia was up $1.10, or 2.8 per cent, to $40.43, NAB added 60 cents or 2.42 per cent, to $25.38 while St George ...

Islamic funds zone in on Malaysia

RUTH LIEW  |  WEDNESDAY, 30 JUL 2008
... entity will structure and distribute Islamic asset management products across Asia via synergies with DBS and DBS' Islamic Bank of Asia," said DBS Asset Management chief executive, Deborah Ho. The SC is currently evaluating proposals from other fund ...

Some Needed Good News

BENJAMIN ONG  |  WEDNESDAY, 30 JUL 2008
... elevated inflation reading will be translated into the euro area as a whole, and will cause discomfort for the European Central Bank In Australia, June building approvals will be released at 11:30 AM today. Markets expect approvals to increase by 1 percent ...

UBS faces multi-billion lawsuit

RUTH LIEW  |  TUESDAY, 29 JUL 2008
... long-term paper as a result of UBS's fraudulent misrepresentations and illegal conduct. The investigation also noted that the bank's top executives sold-off $21.9 million in personal holdings of auction rate securities when the securities market started ...

Market Wrap - Midday

AAP  |  TUESDAY, 29 JUL 2008
... keep getting cheaper," Mr Heffernan said. Westpac Banking Corp shares fell 47 points, or 2.31 per cent, to $19.86 after the bank announced that it had raised just over $1 billion from an issue of stapled securities to boost its regulatory capital. ANZ ...

Who's next to confess?

BENJAMIN ONG  |  TUESDAY, 29 JUL 2008
... having been badly impacted by the US financial crisis. Thus, it came as no surprise to the markets that the National Australia Bank's (NAB) business confidence index fell further to -8 in the June quarter from -4 in the previous three-month period. Financial ...

Market Wrap - Morning

AAP  |  TUESDAY, 29 JUL 2008
... continued its losing streak yesterday, falling almost one per cent after the financial sector fell on concerns about ANZ Bank's increased debt provisions. The benchmark S&P/ASX200 index shed 48.4 points, or 0.97 per cent, to 4922.1, while the broader ...