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| | | ... sources of credit," said Dalton. He plans to speak with policy makers on extending the AOFM program and permitting Australian banks to issue covered bonds. ASF represents the securitisation industry in Australia. The forum includes 120 organisations ... |
| | | | ... mixed finish on Tuesday as investors paused to assess gains from a long rally and mulled the new efforts to raise capital by banks and other firms. The markets also digested better-than-expected data on the US trade deficit and reassuring comments from ... |
| | | | From high-speed railway to high-tech alarms, fund manager K2 Asset Management banks on stocks that will flourish in the face of a global recession. Nick Griffin, the group's head of international strategy, said that investors should tap into mega-trends ... |
| | | | ... "People are looking for an excuse to take money off the table, and that's what's happened this morning." Among the major banks, Australia's biggest bank, Westpac, was ten cents lower at $20.35, and National Australia Bank was down 46 cents, or 2.04 per ... |
| | | | In a world where major banks have passed the 'stress test' but not necessarily the smell test, investors should invest in portfolios that make small bets to gain big over the long term, said a fund manager who survived the '87 and '08 crash. Defying ... |
| | | | ... down a little bit, and it has," ABN Amro Morgans Brisbane director of equities Bill Chatterton said. "All the four major banks are down and the slightly negative theme is also across the materials sector." Among the major banks, Australia's biggest bank ... |
| | | | ... stressing at all. In the end, the official announcement of the results of the stress test conducted on 19 of America's biggest banks became a sort of anti-climax for the equity markets. Where to from here? The verdict? Ten of the 19 US banks need to ... |
| | | | ... Australian share market is likely to open higher after gains on Wall Street in reaction to the US "stress tests" on American banks that raised hopes the worldwide financial crisis may be easing. At 0714 AEST on the Sydney Futures Exchange, the June share ... |
| | | | ... noon following a negative lead from Wall Street and lower commodities prices overnight, but some buoyancy was provided by banks, miners and consumer staples stocks. At 1201 AEST, the benchmark S&P/ASX200 index was down 24.1 points, or 0.61 per cent ... |
| | | | ... managers currently undergoing refinancing will face stricter lender's terms and conditions. "You have a situation where banks aren't too keen on commercial property at the moment... there's certainly cost of funds going up," he said. And with cost of ... |
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