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Showing 441 - 450 of 468 results for "Tier"

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
... in oversubscriptions for the RPS, which will be offered to domestic institutional and retail investors and will qualify as Tier One capital. The bookbuild is expected to take place early next week with the results of the bookbuild to be announced on ...

Accountants call for $3 billion a year tax cuts

AAP  |  THURSDAY, 18 MAR 2004
... 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. The new model would scrap the $6,000 tax-free threshold and the top ...

Bank of Queensland to raise $90 million through share issue

AAP  |  TUESDAY, 24 FEB 2004
... a Series 1 Reset Preference Share (S1RPS) placement. The capital is being raised to maintain the bank's total capital and Tier 1 targets.

JP Morgan to merge with Bank One

... company will have assets of $US1.1 trillion ($A1.42 trillion), a strong capital base, 2,300 branches in 17 states and top-tier positions in retail banking and lending, credit cards, investment banking, asset management, private banking, treasury and ...

Macquarie Bank to purchase US energy assets for $182 million

... stated that the impact on Macquarie's capital position will not be significant and there is not expected to be any material Tier 1 capital deduction.

APRA proposes tougher requirements for general insurers

Existing prudential standards covering general insurers will be increased, and disclosure obligations toughened, under new proposals released today by the Australian Prudential Regulation Authority (APRA). The new measures, included in a discussion ...

Corporate governance practices have worsened in past year: survey

Australia's corporate governance practices have come in for further criticism, this time from two academics. And their research has also led to claims a two-tiered society of corporate governance is emerging in Australia. In a survey commissioned by ...

ANZ poised to buy Lloyds NZ unit

... its French wealth management business to UBS AG in May. ANZ, Australia's third largest bank, will use proceeds of a recent tier one fund raising and cash from the $1.3 billion sale of Grindlays to Standard Chartered Plc in 2000 to finance the purchase ...

Australian SRI efforts rewarded by UN

... reporting. Presented in two tiers, PSS/CSS and BT are one of only three recipients worldwide to be given a prestigious first tier award.