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Showing 2371 - 2380 of 2386 results for "Citi"

Growth funds record highest returns since October 2001: InTech

The median growth fund returned 2.9 per cent for April, the largest monthly gain since October 2001, InTech said today. The median growth fund return for the 2001/02 financial year was -4.1%. The median fund returned 1.6% in March and InTech believes ...

Morningstar gives three-stars to HSBC small caps

Morningstar has given a three-star rating to HSBC Asset Management's small caps management, citing "a lack of dedicated small cap personnel" as its "primary weakness". "While the fund manager leverages the resources of its large cap teams in terms of ...

Wall Street titans face $2.25 billion in fines

Ten of the biggest names on Wall Street have been hit with fines totalling US$1.3875 billion (A$2.25 billion) under the finalised terms of a settlement agreed in principle and announced by regulators in December 2002. "This historic settlement establishes ...

Dutch adviser arrested on SMSF charge

The Australian Securities and Investments Commission (ASIC) announced today that Piet Walters, a Dutch citizen also known as Fred Hofman, was arrested in Hobart on April 15 regarding allegations that he "engaged in dishonest conduct in relation to the ...

AMP recommends rejection of Centro bid for ART

The directors of AMP Henderson have recommended to their unitholders that they reject Centro Property's offer for their units in the AMP Shopping Centre Trust (ART), citing "prospects of a superior offer" as the main reason for their recommendation. ...

Citigroup announces first quarter profit of $6.81 billion

Citigroup has announced a first quarter 2003 profit of US$4.1 billion (A$6.81 billion), an increase of 18 per cent on the corresponding period in 2002, as it recorded strong growth in retail banking and confirmed its position as the leading global underwriter ...

Morning market wrap: US shares boosted by earnings

The Dow Jones index was given a much-needed jolt overnight as encouraging quarterly profits from Citigroup instilled some confidence in investors. The group's first quarter profits rose by US$4.1 billion (A$6.81 billion), helping shares overall to a ...

Midday market wrap: All Ordinaries back into positive ground

Australian shares recovered from a rocky afternoon session yesterday. The All Ordinaries index moved 15.60 points higher by lunchtime to 2921.10 points. The major banks were all up, reversing Monday's trend, with Westpac the best performer, climbing ...

BHP to issue $1.25 billion global bond

BHP Billiton today announced its intention to issue an inaugural global bond, seeking to raise $1.25 billion with a maturity of 10 years, the proceeds of which will be used to "repay existing debt and for general corporate purposes." The bonds will ...

Citibank agrees to improve advertising disclosures: ASIC

The Australian Securities and Investments Commission (ASIC) has accepted an enforceable undertaking from Citibank in relation to allegations that the bank had conducted misleading advertising for its premium deposit account. The premium deposit account ...