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Showing 151 - 160 of 183 results for "Westpac Bank"

ANZ poised to buy Lloyds NZ unit

Australia & New Zealand Banking Group is poised to announce a deal to buy Lloyds TSB Group Plc's New Zealand banking operations for around 2.34 billion pounds ($3.96 billion), a source close to the situation said on Thursday. ANZ is hoping to announce ...

Sealcorp chief quits

AAP  |  WEDNESDAY, 22 OCT 2003
St George Bank Ltd's top funds management executive, Ian Knox, has quit, continuing a reorganisation sweeping the top line of the funds management industry. NSW-based St George said the departure of Mr Knox, chief executive of its Sealcorp division ...

Morning Market Wrap: Dollar breaks $US0.7000

... yesterday's close of 0.6939/44. The dollar reached a high of $US0.7004 in New York overnight and a low of 0.6923. Westpac Bank currency strategist in New York Richard Franulovich said the Australian dollar had a sterling night. In New York the Australian ...

Afternoon Market Wrap: AXS hits 16-month high

The Australian share market struck a fresh 16-month high today, as key resources stocks pushed the bourse higher after continued strength in commodities markets overnight. The benchmark S&P/ASX 200 index closed 6.5 points higher at 3282.9, its highest ...

Mirvac announces $258 million securitisation roadshow

AAP  |  TUESDAY, 7 OCT 2003
... Mirvac said the issue would be in two tranches, $120 million of two-year notes and $138 million of five-year notes. Westpac Bank has been appointed lead manager and ANZ co-manager for the issue. Standard & Poor's has assigned preliminary ratings of AAA ...

Wollemi Trust issues inaugural portfolio credit linked notes

AAP  |  TUESDAY, 7 OCT 2003
Standard & Poor's Ratings Services today assigned its AAA rating to the A$50 million portfolio CLNs to be issued by Wollemi Trust, a special-purpose vehicle established by Westpac Banking Corp (WBC). The CLNs are debt securities whose payment of interest ...

Lloyds TSB announces new strategy today

AAP  |  MONDAY, 6 OCT 2003
Britain's Lloyds TSB is expected to give an update on the $6 billion sale of its National Bank of New Zealand when it announces a new strategy to United Kingdom investors tonight, the Australian Financial Review reported. Australia's ANZ Banking Group ...

Afternoon Market Wrap: Quiet end to ASX week

Australian stocks ended the week on a positive but quiet note, as a rally in Telstra and key resources stocks helped lift the bourse in subdued trade. After jumping more than one per cent yesterday, the benchmark S&P/ASX 200 index firmed another 3.9 ...

ANZ still has some hurdles to jump in NBNZ aquisition

AAP  |  FRIDAY, 26 SEP 2003
The New Zealand regulator may have cleared the way for ANZ Banking Group Ltd to acquire the National Bank of New Zealand (NBNZ) but there are still a few hurdles left for the Australian bank to jump. ANZ is the only bank ready to buy NBNZ from Lloyds ...

Trade balance to remain in wide deficit in Aug: economists

AAP  |  FRIDAY, 26 SEP 2003
... The deficit widened in July as non-farm exports fell to their lowest level since April 2000. Commonwealth Bank and Westpac Bank have both forecast the deficit to remain at $2.4 billion in July. TD Securities chief economist Stephen Koukoulas said rising ...