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Showing 331 - 340 of 360 results for "Tier 1"

Beware the cold calling con artist

ASIC has advised investors to be wary about unsolicited phone calls or emails offering high returns on shares or other investments after the number of complaints the regulatory body received about the practice doubled in August and September 2004. The ...

Macquarie prices 350 million pound securities offering

AAP  |  WEDNESDAY, 15 SEP 2004
Macquarie Capital Funding, which facilitates the Macquarie Bank Group\'s capital raising, has today priced a STG350 million (approximately $A900 million) offering of tier 1 capital-eligible securities. Macquarie Bank, which recently undertook a UK investor ...

Market wrap

AAP  |  MONDAY, 2 AUG 2004
The Australian stockmarket is expected to open slightly firmer today as stronger gold prices and positive performances from offshore equity markets on Friday set the tone for the session. However, with a number of major companies reporting earnings ...

NAB prices $670 mil 10-year subordinated debt issue

AAP  |  WEDNESDAY, 26 MAY 2004
National Australia Bank on Tuesday priced a $670 million Lower Tier 2 fixed and floating rate subordinated debt issue maturing on June 2, 2014. The 10-year non-call five-year issue comprises two tranches. A $450 million tranche of 6.50 per cent coupon ...

Westfield locks in $140 million worth of interest savings

AAP  |  FRIDAY, 30 APR 2004
Westfield Holdings Ltd today announced it had completed option contracts which would underpin the $140 million in interest savings it expects to gain under a merger of the three Westfield entities. The company last week announced that Westfield Holdings ...

Westpac completes $US525 million tier one securities offer

AAP  |  TUESDAY, 6 APR 2004
Westpac Banking Corporation said today it had closed its offer of $US525 million tier one hybrid capital securities. The bank said the securities were sold outside New Zealand and Australia, primarily to US institutional investors. The securities pay ...

Promina announces $250 million reset preference shares

AAP  |  TUESDAY, 23 MAR 2004
Insurer Promina Group said today that it had today made an offer of up to $250 million in reset preference shares as part of its long term capital management program. CFO Harold Bentley said the RPS offer was part of the group's long term capital management ...

Accountants call for $3 billion a year tax cuts

AAP  |  THURSDAY, 18 MAR 2004
Australia's tax system was unfairly skewed to benefit high-income earners and needed a $3 billion a year shake up, new research has found. Accounting body CPA Australia called for the five tier tax system to be condensed into three income brackets. ...

Bank of Queensland to raise $90 million through share issue

AAP  |  TUESDAY, 24 FEB 2004
Bank of Queensland Ltd said today it would raise $90 million via a share issue and also expects first half net profit between $26 and $28.5 million. The bank said that it was seeking to raise up to $90 million in new capital in the form of both an ordinary ...

JP Morgan to merge with Bank One

Finance giant JP Morgan Chase said Wednesday it will take over Bank One in a $US58 billion ($A75 billion) deal to create the United States' second-largest bank. The merged company will be known as JP Morgan Chase and Co and will have a combined market ...