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Showing 3761 - 3770 of 5948 results for "Banks"

Market Wrap - Midday

AAP  |  WEDNESDAY, 10 AUG 2011
... and improved interest margins. Although the result was positive, CBA was the worst-performer among Australia's big four banks, having risen 1.46 per cent, or 69 cents to $47.97, having earlier reached an intra-day high of $49.22. Mr Smith said a cautious ...

Stocks in freefall on recession fears, banks cut mortgage rates

ALISON BEVEGE  |  TUESDAY, 9 AUG 2011
... seen historic daily swings in the past week of more than 30 basis points as buyers sought a quality safe haven. The big banks, locked in fierce competition for dwindling new mortgage business, moved quickly to cut their fixed loan rates. St George Bank ...

Goodbye or good buy?

BENJAMIN ONG  |  TUESDAY, 9 AUG 2011
... reports that Freddie Mac and Fannie Mae got chopped, so were "farm lenders; long-term U.S. government-backed debt issued by 32 banks; and credit unions and three major clearinghouses, which are used to execute trades of stocks, bonds and options." Were ...

Market Wrap - Midday

AAP  |  MONDAY, 8 AUG 2011
... a boost, with Woodside up 77 cents, or 2.23 per cent, at $35.32, while Santos was 10 cents firmer at $11.62 The big four banks were mixed. ANZ was down 12 cents at $18.98, Commonwealth Bank was 34 cents stronger at $46.60, Westpac was five cents higher ...

USA no longer AAA

BENJAMIN ONG  |  MONDAY, 8 AUG 2011
... mortgages, as well as the alphabet soup of structured products (ABS, CDOs, CLOs, CDO-squareds) that were issued en masse banks during the credit bubble. Those securities were downgraded after investors lost much more money than they would have expected ...

Market Wrap - Midday

AAP  |  FRIDAY, 5 AUG 2011
... with BHP Billiton down $1.53, or 3.82 per cent, at $38.53, while Rio Tinto was down $3.87, or 5.05 per cent, at $72.71. Banks and financials, too, were down. ANZ lost 91 cents, around 4.5 per cent, to $18.90, National Australia Bank fell $1.01 to $21.66 ...

Markets crash as recession fears hit

ALISON BEVEGE  |  FRIDAY, 5 AUG 2011
... sparked by fears of an increasing risk of a second recession in Europe and the US. Eslake said the fear was that central banks would not be able to respond to a second recession the way they did to the global financial crisis. Most major western countries ...

Market Wrap - Midday

AAP  |  THURSDAY, 4 AUG 2011
... picking up again." At 1200 AEST, BHP Billiton was up 20 cents at $40.35, while Rio Tinto was up 15 cents at $77.75. Most banks and financials were lower. ANZ was down 14 cents at $20.15, National Australia Bank fell 4.5 cents to $23.155, Commonwealth ...

Gold, gold, gold, but not to Australia

ALEX DUNNIN  |  THURSDAY, 4 AUG 2011
... Moodley said while forecasting the gold price "is a fool's game" the demand could nonetheless rise even higher if central banks begin to boost their gold holdings to sovereign risk concerns over US Treasurys. This could trigger a race for the precious ...

Market Wrap

AAP  |  WEDNESDAY, 3 AUG 2011
... BHP Billiton shed $1.21, by almost three per cent, to $40.36, while Rio Tinto lost $2.10, over 2.5 per cent, to $77.95. Banks, too, opened lower. National Australia Bank fell 56 cents to $23.41, Westpac lost 45 cents to $19.92, ANZ was down 47 cents ...

Editor's Choice

ARK Invest awards local distribution mandate

KARREN VERGARA
Cathie Wood's ARK Investment Management has chosen Associate Global Partners (AGP) to help distribute its venture capital strategy to Australian wholesale investors.

APRA names new deputy chairs

VINNY VUCAGO
The Australian Prudential Regulation Authority (APRA) has welcomed the appointment of two new deputy chairs, with current board member Therese McCarthy Hockey and former assistant treasurer David Bradbury set to join the regulator's leadership.

MySuper provides consistent returns for members: Rainmaker

MATTHEW WAI
New data from Rainmaker Information found MySuper or default options continued to deliver consistent performances and returns for Australians, despite periods of uncertainty.

Australian Unity names new wealth chief

MATTHEW WAI
Australian Unity has named the successor of Esther Kerr, who departed the organisation last year.

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