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Showing 291 - 300 of 360 results for "Tier 1"

Market Wrap - Midday

AAP  |  WEDNESDAY, 5 NOV 2008
The Australian sharemarket was trading almost two per cent higher at noon on the back of stronger commodity prices, gains in the resources sector and a good lead from Wall Street. At 1200 AEDT, the benchmark S&P/ASX200 index was up 82 points, or 1.95 ...

Mortgage funds' phantom lifeline

ALEX DUNNIN  |  WEDNESDAY, 29 OCT 2008
The Rudd government's plan to shore up confidence in mortgage funds is a political master stroke because while it sounds terrific, it commits the government to nothing, will take months to have any impact and won't put dollars on the tables of retirees ...

CBA buys BankWest and St Andrews

MICHAEL HOBBS  |  WEDNESDAY, 8 OCT 2008
The Commonwealth Bank of Australia has purchased BankWest and St Andrew's Australia for $2.1 billion. Commonwealth Bank is determined to keep its strong capital position and intends to fund the purchase price by undertaking a $2 billion accelerated ...

Japan bank buys $11bn of Morgan Stanley

MICHAEL HOBBS  |  TUESDAY, 30 SEP 2008
Mitsubishi UFJ Financial Group (MUFG) bought more than $11 billion in Morgan Stanley equity for a 21 per cent interest in the company, a deal that forms an alliance between the two firms to pursue corporate and investment banking opportunities. The ...

Minnow mortgage manager wants to be big fish

WWW.THESHEET.COM  |  TUESDAY, 23 SEP 2008
To grab a larger slice of the mortgage manager pie, Firstfolio Limited continues the growth by acquisition strategy, taking on six businesses during financial year 2008. Firstfolio grew its lending book by a third, to $8 billion for the period, with ...

Deutsche Bank extends Russian footprint

MICHAEL HOBBS  |  WEDNESDAY, 17 SEP 2008
Deutsche Bank Asset Management purchased a 40 per cent stake in UFG Invest, the Russian investment management company of UFG Asset Management. UFG Invest is one of the top 10 asset management firms in Russia with more than $700 million in assets under ...

Market Wrap - Midday

AAP  |  FRIDAY, 12 SEP 2008
The Australian stock exchange was stronger at noon, led by energy and mining stocks, while the banking sector rebounded after yesterday's losses. At 1200 AEST, the benchmark S&P/ASX200 was 48.9 points higher, or 1.02 per cent to 4863.2, while the broader ...

This Week's Market Movers (28 Jul - 1 Aug 2008)

BENJAMIN ONG  |  MONDAY, 28 JUL 2008
Domestic financial market activity will remain cautious this week with sentiment precariously balanced between the weekend's positive US economic news and further NAB-like announcements on the fallout of the US subprime mess on its balance sheet. Top-tier  ...

US houses continue to burn

BENJAMIN ONG  |  FRIDAY, 18 JUL 2008
Market Movers Overnight The US housing market remains in a freefall. The US Commerce Department reported that housing starts increased to 1066K in June, a month-on-month rise of 9.1 percent. This was better than market expectations for a 1.8 percent ...

Aon hires Russell for FM

MICHAEL HOBBS  |  MONDAY, 21 APR 2008
Aon Consulting Australia has appointed multi-manager specialist Russell Investment Group to manage the firm's master trust's $1.6 billion in assets and develop a range of specialist investment options. Aon Consulting (Aon) Master Trust investment options ...