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Showing 441 - 450 of 499 results for "Bank SA"

St George euro currency benchmark oversubscribed

AAP | TUESDAY, 20 JAN 2004

St George Bank said its new euro currency benchmark was oversubscribed. The bank said its new euro 500 million three year floating rate notes (FRN) issue, launched on January 15, had met very strong demand and was oversubscribed, with allocations made ...

NAB confirmed FX trading loss at $185 million

AAP | MONDAY, 19 JAN 2004

National Australia Bank Ltd today confirmed the pre-tax loss on the unauthorised foreign exchange trading is $185 million. The bank said its revaluation of its foreign exchange portfolio may mean a "low probability" of a loss of up to $600 million. ...

Whistleblower exposed NAB losses

AAP | WEDNESDAY, 14 JAN 2004

A whistle-blower exposed three months of unauthorised trading that lost the National Australia Bank up to $180 million, the bank said today. NAB yesterday suspended a foreign currency dealer in London and three in Melbourne for rogue trading in foreign ...

Macquarie Bank cuts commitment to MEAP fund

AAP | THURSDAY, 18 DEC 2003

Macquarie Bank Ltd today said it was cutting its investment in its Canadian infrastructure fund, as the fund secured another $C100 million from the Canada Pension Plan Investment Board. Macquarie Bank said it reduced its commitment to Macquarie Essential ...

Macquarie Bank to purchase US energy assets for $182 million

Macquarie Bank has entered into an agreement to purchase ExelonThermal Technologies, a subsidiary of Exelon Corporation, for $US135 ($A182) million. Macquarie Bank said it is to provide acquisition debt and equity for 100 per cent of the purchase price ...

Major banks begin increasing home loan rates

AAP | FRIDAY, 5 DEC 2003

Three of Australia's major banks today announced increases to home loan lending rates after the Reserve Bank of Australia's decision to hike official rates earlier this week. The Commonwealth Bank of Australia Ltd lifted its variable home loan rate ...

RBA moves to increase interest rates by 25 basis points

AAP | WEDNESDAY, 3 DEC 2003

The Reserve Bank of Australia today moved to increase the cash rate by 0.25 percentage points to 5.25 per cent. The move, after the RBA board meeting yesterday, follows an 0.25 percentage point increase last month. The RBA said the decision comes as ...

Morning Market Wrap: Investor jitters after weekend terrorist attacks

European stockmarkets suffered heavy losses today as a sell-off on Wall Street and weekend terrorist attacks in Turkey gave investors the jitters. The London FTSE 100 index fell 1.32 per cent to 4,338.9 points at the close of trading, in Paris the CAC ...

RBA takes aim at property tax breaks

AAP | MONDAY, 17 NOV 2003

Generous tax breaks for property investors were a key driver of the house price boom, according to the Reserve Bank of Australia. In its submission to the Productivity Commission's home ownership inquiry, the bank dismissed a shortage of houses or land ...

ANZ boss takes pay cut

AAP | FRIDAY, 14 NOV 2003

ANZ Banking Group Ltd chief executive John McFarlane took a $400,000 pay cut for 2002/03, a move which the bank said reflected the performance of ANZ over the past 12 months. Mr McFarlane took home $2.48 million for the year ended September 30, 2003 ...

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Mercer Super chief executive steps down

RIDDHIMA TALWANI | 12:01PM

Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI | 11:30AM

The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI | 12:13PM

L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI | 11:50AM

Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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