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Showing 14591 - 14600 of 17978 results for "Bank"

Let the sub-prime post-mortem begin

ALEX DUNNIN  |  TUESDAY, 25 MAR 2008
Postmortem into what caused the sub-prime fiasco is pointing the finger at the investment banks, hedge funds and even the apparent hero Dr Greenspan. The main problem, according to a just-released book titled The Trillion Dollar Meltdown: Easy Money ...

Market Wrap - Midday

AAP  |  TUESDAY, 25 MAR 2008
... Futures Exchange, the June share price index contract was 186 points at 5376 on 11,115 contracts. At 1208 AEDT, investment bank Macquarie Group had found $4.36, or 8.81 per cent, to $53.88, while Babcock & Brown had added $1.61, or 12.64 per cent to ...

Vietnam the next LPT hotspot

While Australia and Singapore continue to lead the stakes in global listed property trusts, the surprise star in a new survey is Vietnam, jumping from the sixth spot to third in predicted property market growth. The findings came from the Asia Pacific ...

MFS breaches $184m loan

RUTH LIEW  |  TUESDAY, 25 MAR 2008
MFS Premium Income Fund is engaging the Bank of Scotland in talks following a multi-million dollar loan facility breach. The fund's auditor, PricewaterhouseCoopers notes the fund has breached a loan facility of $184 million with third party bank, the ...

Ken Done sues over $53m bad advice

MICHAEL HOBBS  |  THURSDAY, 20 MAR 2008
Renowned artist Ken Done is suing his accountant, the accountancy firm, Bentley Barton & Partners and Commonwealth Bank-owned Financial Wisdom after receiving poor financial advice that cost him $53 million. Brian Fitzgerald, Commonwealth Bank spokesperson ...

Market wrap - midday

AAP  |  THURSDAY, 20 MAR 2008
... metal prices hammered resources stocks. The financials sector also was weaker after speculation that top-three US investment bank Merrill Lynch was about to book more write-downs dampened hopes that the worst of the global credit crisis was over. At ...

Market Wrap - Morning

AAP  |  THURSDAY, 20 MAR 2008
The Australian share market is expected to open lower following slides in commodity prices, particularly oil and gold, while investors in New York took profits following the US Federal Reserve-induced rally on Tuesday. Crude oil fell almost $US5 on ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 19 MAR 2008
Australian stocks remained firmly in the black at noon after the US Federal Reserve's 75 basis point interest-rate cut and solid results from two major investment banks. At 1200 AEDT, the benchmark S&P/ASX200 index was up 156.1 points, or 3.07 per cent ...

St George appoints margin lending head

MICHAEL HOBBS  |  WEDNESDAY, 19 MAR 2008
... payment solutions and held positions at Westpac, Rothchilds Australia Asset Management and Ernst & Young before joining the bank three years ago. Curry said the St George margin lending business had strong growth targets despite equity market volatility. ...

Time to get radical: IMF

ALEX DUNNIN  |  WEDNESDAY, 19 MAR 2008
In September when the sub-prime mess began unfolding, the big worry was whether it would spill over to the real economy. The International Monetary Fund (IMF) thinks this may now be happening and has taken the problem to a whole new level requiring ...