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Showing 191 - 200 of 521 results for "Banking Sector"

Don't ignore China banks: Macquarie

BEN COLLINS  |  TUESDAY, 23 OCT 2012
... good investment within Asia's biggest economy, said a senior Macquarie Capital Securities analyst. Despite China's banking sector only delivering a 1.2% return on assets (ROA), the entire sector - worth an estimated US$20 trillion - is making a 20% return ...

IQPC conference tackles operational risk

MARK SMITH  |  MONDAY, 15 OCT 2012
... their budget and develop strategies to overcome the challenges posed by regulatory change. Recent scandals in the banking sector, including the HSBC money laundering case and the Libor rate-fixing scandal have highlighted the need for financial service ...

IOSCO recommends reforms to the $4.7tr MMF sector

ALEX DUNNIN  |  FRIDAY, 12 OCT 2012
... the just released report. The MMF sector needs special consideration because while it's not part of the official banking sector, its significance to that sector makes it an integral part of what is known as the "shadow banking sector". The sector is ...

Market Wrap

AAP  |  WEDNESDAY, 3 OCT 2012
... gained nine cents to $46.01, NAB was 25 cents higher at $26.06 and Westpac had advanced 12 cents to $25.28. "The banking sector is underpinning our market, there is no doubt about that," Mr Smith said. The spot price of gold in Sydney was $US1,773.50 ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 3 OCT 2012
... its second downturn since the bursting of a property bubble in 2008 that destroyed millions of jobs and left the banking sector strewn with bad loans. HONG KONG - Asian markets were mixed as early gains caused by better-than-expected manufacturing data ...

10,000 finance jobs slashed since GFC

BEN COLLINS  |  WEDNESDAY, 5 SEP 2012
At a time when Australian banks can afford to provide the best working conditions in the world, workers in financial services are under more pressure than ever, said Leanne Shingles, a spokesperson for the Finance Sector Union. Despite working for one ...

Write-down clouds Bendigo's 43% profit tumble

BEN COLLINS  |  MONDAY, 20 AUG 2012
... to executives for the year. Hirst also said high funding costs and low demand for loans had been felt across the banking sector, and those factors, which are, in part caused by the volatile global economy made any predictions for the year ahead difficult. ...

Australians lack genuine banking sector competition

MARK STORY  |  WEDNESDAY, 8 AUG 2012
... or informed about the alternatives," said Walsh. "In terms of government action on increasing competition in the banking sector, resolving the issue of effectively distributing franking credits will deliver significant benefit to mutual enterprises ...

Market Wrap

AAP  |  MONDAY, 16 JUL 2012
... markets and the euro, boosted by hopes of a Chinese economic stimulus and well-received quarterly earnings in the banking sector. US stocks broke a six-day losing streak Friday. At the close the Dow Jones Industrial Average was up 203.82 points (1.62 ...

UK launches bank probe amid Libor scandal

MELANIE TIMBRELL  |  TUESDAY, 3 JUL 2012
British Prime Minister David Cameron has announced a full parliamentary inquiry into the British banking sector in the wake of a rate fixing scandal that has already claimed the scalp of Barclays chairman Marcus Agius. A bipartisan committee will hear ...