Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1581 - 1590 of 1956 results for "Default"

On caution's side

BENJAMIN ONG  |  TUESDAY, 1 JUN 2010
... alone. But in an interconnected world, no man is... No one's still certain what the end game in Europe would be - Greek default? Greece banished from the Eurozone? The Portugal, then Spain, then... European recession? Then global double dip? As the Organisation ...

TOWER inforce premiums rise 33pc

MICHAEL HOBBS  |  THURSDAY, 27 MAY 2010
... contributed $45 million of gross premium revenues for the five months to March this year. The firm said introducing a default income protection would increase inforce premiums by $60 million by May. While AustralianSuper forms a key part of TOWER Australia's ...

J.P. Morgan strengthens local derivatives hub

MICHAEL HOBBS  |  WEDNESDAY, 26 MAY 2010
... firm's clients already use the firm to process over-the-counter (OTC) derivatives including interest rate swaps, credit default swaps and inflation swaps. However, this processing system will provide greater transparency and manage the whole lifecycle ...

Cuffe charity fund tilts to growth assets

MICHAEL HOBBS  |  MONDAY, 24 MAY 2010
... aggressively positioned with 85 per cent invested in growth assets and the rest in cash and fixed interest. The fund's default asset allocation is 70 per cent in growth and 30 per cent in defensive assets. He said he had allocated funds to Perennial ...

KPMG challenges ASIC on Constitutional powers

ASIC RELEASE  |  THURSDAY, 20 MAY 2010
... proceeding for a number of reasons. These reasons as cited in the Act include the recovery of damages for fraud, negligence, default, breach of duty or other misconduct, committed in connection with a matter to the investigation or examination. In addition ...

Rambo

BENJAMIN ONG  |  THURSDAY, 20 MAY 2010
... ground? Germany banned the naked short selling on European government bonds, shares of 10 banks and insurers and credit default swaps. The ban will be in effect until 31 March 2011. This measure is intended to limit wild swings in the European markets ...

Nein to naked shorts

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2010
... 31 March 2011. Germany's BaFin financial services regulator announced that it would ban naked short selling of credit default swaps of Eurozone bonds and in shares of 10 banks and insurers. According to BaFin, this is because "massive" short selling ...

Service core to Tower mandate: AustralianSuper

RUTH LIEW  |  MONDAY, 17 MAY 2010
... three-year contract will see members receive a 31 per cent increase in death and disablement cover for the same cost and get a default cover that has a two-year income protection benefit. Eligible members will be able to access cover that meets their ...

Shocked, not awed

BENJAMIN ONG  |  FRIDAY, 14 MAY 2010
... need them. But for some, Portugal and Ireland and Greece and Spain and Italy are far from being solvent. They could still default. And if that's not bad enough, this is now being extrapolated to all sorts of nasty scenarios. The euro currency would be ...

Asset Super tops up direct property

COMPANY RELEASE  |  FRIDAY, 7 MAY 2010
... exposure of the fund to almost $28 million". According to Rainmaker Information, Asset Super returned 24 per cent for its default option at the end of March. The fund's performance ranks number six out of 59 not-for-profit super funds, research figures ...