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Showing 311 - 320 of 478 results for "Australian Bank"

Market Wrap

AAP  |  WEDNESDAY, 20 JUN 2012
The Australian market looks set to open higher after Wall Street enjoyed a solid session on speculation the Federal Reserve will act to stimulate the US economy. At 0800 AEST on Wednesday, the June share price index futures contract was up 26 points ...

NAB winds up private equity arm

MELANIE TIMBRELL  |  TUESDAY, 29 MAY 2012
National Australia Bank is closing its Integrated Capital Solutions private equity investment division. "NAB is discontinuing making further investments via Integrated Capital Solutions and is letting the existing portfolio of Investments run their ...

Lazard faces losses on Hastie collapse

MELANIE TIMBRELL  |  TUESDAY, 29 MAY 2012
Private equity firm Lazard is among the Hastie Group creditors facing potential losses, after the engineering firm yesterday entered voluntary administration and operations were suspended. Lazard invested in the firm last year as part of a $160 million ...

Stay or stay away this May

BENJAMIN ONG  |  WEDNESDAY, 2 MAY 2012
I think somebody forgot to tell the equity market that it's already May. Remember May? The time of the year when investors should sell then go away. But instead we got this headline from Bloomberg, "Dow Rallies to Highest Level Since 2007... " The Dow ...

Can't fix what's not broken, yet

BENJAMIN ONG  |  TUESDAY, 3 APR 2012
It's that time of the month again folks - the time when we try to second guess what the Reserve Bank of Australia will do to interest rates. Will they? Won't they? Cut interest rates, that is. They will, then again perhaps they won't. Yes, Virginia ...

Market Wrap

AAP  |  THURSDAY, 1 MAR 2012
Australian stocks market opened nearly one per cent lower on Thursday following Wall Street's lead where US markets tumbled following the Federal Reserve chairman's address to Congress. Austock securities client adviser Michael Heffernan attributed ...

Market Wrap

AAP  |  WEDNESDAY, 22 FEB 2012
The Australian share market opened softer on Wednesday as the markets responded to news of Greece's latest bail-out package. On Tuesday, 17 nations in the euro zone approved a new 130 billion euro ($A161 billion) rescue package to help Greece escape ...

Waiting for the RBA to dance

BENJAMIN ONG  |  TUESDAY, 7 FEB 2012
"What do you see You people gazing at me You see a doll on a music box That's wound by a key..." -- Doll on a Music Box All eyes are fixed on the RBA today. Will they? Won't they? Make it three (interest rate cuts) for three (Board meetings)? As far ...

Covered bonds losing their shine: S&P

MELANIE TIMBRELL  |  FRIDAY, 27 JAN 2012
Domestically, the newly issued covered bonds of the Big 4 are proving popular with investors, despite Standard & Poor's latest assessment that the sector is "losing some of its lustre." The rating agency released its outlook for 2012 predicting a "bumpy ...

FSU slams banking sector cost cutting plans

CLAIRE MCGREAL  |  TUESDAY, 17 JAN 2012
The Finance Sector Union, representing workers at Australia's big four banks, said job cuts in the banking industry cannot be justified. Reports today claim thousands of bank jobs could be on the line over the next two years as part of major cost cutting ...