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Showing 411 - 420 of 499 results for "Bank SA"

Macquarie launches 4th wholesale property fund

Macquarie Bank on Thursday launched its fourth wholesale property fund, predicting good buying opportunities in the year ahead and targeting pre-tax returns of 18% annually. The investment bank said its $50 million Macquarie Real Estate Equity Fund ...

RBA likely to lift rates once more this year: Economists

Australia's central bank looks like it will lift rates one more time this year, economists said today, after the Reserve Bank of Australia released its May 2004 quarterly monthly statement. In its statement, the central bank said the medium-term risks ...

NAB to change external auditor

AAP  |  THURSDAY, 8 APR 2004
National Australia Bank said late yesterday it intends to change its external auditor at the end of the current financial year. Audit committee chairman John Thorn said the bank is ending its long association with KPMG, which came under fire from the ...

ABN Amro buys 50% stake in Absolute Capital

AAP  |  WEDNESDAY, 7 APR 2004
ABN Amro has acquired a 50% in Absolute Capital Group, a Sydney-based fund manager, the bank said in a statement yesterday. The Netherlands-based bank said it is keen to support the development of the structured credit products market and has entered ...

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 ...

NAB adds A$57 million NZ tax bill to woes

National Australia Bank faces a possible tax bill of up to NZ$212 million (A$184.8 million) from New Zealand tax authorities after receiving a bill for NZ$57 million relating to its Bank of New Zealand unit. The bank said it would contest the new assessments ...

ANZ establishes mortgage franchises

AAP  |  THURSDAY, 1 APR 2004
ANZ Banking Group said today it will establish 15 mortgage franchises in Melbourne, Sydney and Queensland by July with the goal of rolling out 175 nationally. The bank said former Mortgage Choice executive Steven Heavey has been appointed head of ANZ ...

Macquarie raises $230 million for US infrastructure fund

AAP  |  TUESDAY, 30 MAR 2004
Macquarie Bank today said it raised nearly $230 million for a United States closed-end infrastructure fund. The investment bank said its Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MDF) issued 8.5 million shares at ...

Australian financial system overall is in good shape: RBA

AAP  |  THURSDAY, 25 MAR 2004
The Australian financial system is currently in overall good shape, the Reserve Bank of Australia said today in its first Financial Stability Review. Banks, the most important financial intermediaries from a systemic risk perspective, were in a particularly ...

Bendigo Bank to pick up $7.6 million pre-tax in Cashcard takeover

AAP  |  TUESDAY, 23 MAR 2004
Bendigo Bank said today it will pick up $7.6 million before tax if the acquisition of Cashcard Australia by US group First Data Corporation goes ahead. Bendigo, which holds a 4% stake in Cashcard, said it will vote in favour of the scheme of arrangement ...