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| | | ... organisation, also slashed its dividend even as it received a $7 billion capital infusion, and its shares tumbled 10 per cent. Bank of America Corp and Citigroup Inc were among the heaviest drags on the S&P and the Dow. The market extended its decline ... |
| | | | ... broader IQS team. Prior to his appointment, Roumeliotis held senior investment roles at JANA Investment Advisers, Macquarie Bank and Ord Minnett Securities. He was also the senior portfolio manager in Australian equities at Barclays Global Investors. ... |
| | | | ... management division. Prior to joining Asgard Wealth Solutions (Asgard) in 2002, McLaren worked in London for JPMorgan Private Bank, global management consulting firm, A.T. Kearney and ORB. McLaren already sits on the Asgard Investment Committee and the ... |
| | | | ... the severity of the credit crunch and emerging evidence of economic weakness," said Richard B Hoey, chief economist for the Bank of New York Mellon Corporation. "The Fed has recently shown creativity in developing new approaches to break the liquidity ... |
| | | | ... of the collapse of Opes. At 1213 AEDT, the big four banks were mixed, with ANZ up 19 cents to $22.20, National Australia Bank up 47 cents to $30.11 and Westpac higher by six cents to $24.19. Commonwealth Bank was down 44 cents to $43.62. The big miners ... |
| | | | ... In the local markets today, Dun and Bradstreet releases its business expectations survey for June and National Australia Bank releases its business survey for March. Creditors in troubled Opes Prime meet today. Yesterday, the S&P/ASX 200 index edged ... |
| | | | ... within most countries as investors sought refuge in 'safe-haven' government bonds amid concerns over falling equities and poor bank liquidity. Taking its cue from the US Treasury's robust lead, Australia's 3-month bank bill rate increased to 8.09 per ... |
| | | | Australia's representative body for the securitisation industry, the Australian Securitisation Forum (ASF), has appointed Greg Medcraft as executive director. Prior to his appointment, Medcraft was the managing director and global head of securitisation ... |
| | | | ... 9,967 contracts. CMC Markets senior dealer Dominic Vaughan said falls in the finance sector were being led by ANZ, after the bank warned its first half credit provisions would exceed the consensus of market expectations, due mainly to a higher collective ... |
| | | | ... gained 17.9 points or 0.32 per cent to 5663.7. NEW YORK - US stocks were little changed on Friday as nagging fears about more bank losses and the biggest monthly decline in the job market in five years overshadowed earlier optimism that the credit crisis ... |
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