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Showing 3181 - 3190 of 3862 results for "Operations"

Japan bank buys $11bn of Morgan Stanley

MICHAEL HOBBS  |  TUESDAY, 30 SEP 2008
... bank deposits and $1.8 trillion in assets. In other news, Citigroup has reportedly agreed to buy Wachovia's banking operations for $1 per share, creating one of the largest US banks by total deposits.

Fortis bank $19.5bn bail-out 'stabilises' FIA

MICHELLE BALTAZAR  |  MONDAY, 29 SEP 2008
The part nationalisation of European banking giant Fortis will not affect the operations of its local subsidiary, Fortis Investments Australia, nor put FIA's $6 billion in funds at risk, said FIA's chief executive Ian Manton-Hall. The fate of Fortis ...

Perpetual makes key move into SMSFs

RUTH LIEW  |  MONDAY, 29 SEP 2008
... increasing the capability of what we have," said Wang, who also called smartsuper a natural fit to the fund manager's operations. "Increasing regulatory oversight of the SMSF industry means members and trustees are looking to partner with organisations ...

The Cambridge Strategy appoints currency expert

MICHELLE BALTAZAR  |  FRIDAY, 26 SEP 2008
... Strategy, is to set up an office in Hong Kong and has appointed Sydney-based Alexandra Edstein to help expand the company's operations in the Asia-Pacific region. With more than 20 years of experience in currency trading, Edstein joins the firm as a ...

Omgeo expands derivatives tech

MICHELLE BALTAZAR  |  WEDNESDAY, 24 SEP 2008
... Marianne Brown, president and chief executive of Omgeo said the dual transaction means Omgeo now extends its expertise in operations beyond matching and allocations. This would benefit the company's Australian-based clients, numbering more than 200 traditional ...

The good and the bad

BENJAMIN ONG  |  WEDNESDAY, 24 SEP 2008
... solvent firms, corporations and households. Firms and corporations are not borrowing, opting instead to restructure their operations to reduce expenses in order to preserve profit margins. Staff numbers are reduced. The unemployment rises. Consumer spending ...

AIG Australia insulated from US woes

ALEX DUNNIN  |  WEDNESDAY, 17 SEP 2008
... said, "If the US Treasury or Fed agrees to bail-out AIG, they would be most likely be forced to revise aspects of their operations as they will be trying to reduce their expenses so that AIG becomes profitable again. The size and significance of AIG's ...

Lehman Bros files for bankruptcy

RUTH LIEW  |  TUESDAY, 16 SEP 2008
... conjunction with the filing, LBHI intends to file a variety of first day motions that will allow it to continue to manage operations in the ordinary course. Those motions include requests to make wage and salary payments and continue other benefits to ...

Statewide recruits Michalakis and Ridding

MICHELLE BALTAZAR  |  MONDAY, 15 SEP 2008
... Ridding will be responsible for driving the development of sustainable business practices across Statewide's internal operations. As an ambassador for the Al Gore Climate Change Project, she will also help ensure that environmental, social and economic ...

Funny Mae, Froggy Mac

BENJAMIN ONG  |  TUESDAY, 9 SEP 2008
... announced that the US Treasury is placing both government sponsored enterprise (GSE) under conservatorship, and their operations regulated by the Federal Housing Finance Agency (FDHA). The details of the plan include: Access to loan facility secured ...