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| | | ... contagion and a recession there would be more severe than those in the west of the Continent, putting at risk western European banks' loans and investments in the east. In Asia, with no more room to move on monetary policy, the Bank of Japan (BoJ) plans ... |
| | | | ... economic stimulus package was deterring investors, he said. "So markets over there are very, very shaky, European and US banks are shaky, and we're shaky, as well," he said. Among the major banks, National Australia Bank sagged 52 cents to $17.88 as ... |
| | | | ... depressing house prices. Falling house prices are depressing bank's balance sheets. Impaired balance sheets are preventing banks from lending. Less credit availability is damaging the economy. A damaged economy is wreaking havoc on confidence on household ... |
| | | | ... ARRA (American Recovery and Reinvestment Act )were designed to prevent the obese lending institutions and greedy investment banks from dying due to over-indulgence, the HASP now seeks to save American home borrowers who have bitten off more than they ... |
| | | | ... average shed 1.45 per cent to hit its lowest close in nearly four months as financial shares sank amid worries about European banks and credit concerns hurt property firms. The Nikkei fell 111.07 points in moderate trade to 7,534.44, its lowest finish ... |
| | | | ... TOKYO - The Nikkei average fell 1.35 per cent on Tuesday to a nearly four-month closing low, as financial shares such as banks and property firms slid on continued credit worries. But trade was cautious ahead of restructuring plans that General Motors ... |
| | | | ... said. "At this stage, there's not much you can say about it, but the financial sector is holding up ok." Among the major banks, the National Australia Bank had lost 13 cents to $18.44, Commonwealth Bank had added 25 cents to $29.87, Westpac had found ... |
| | | | ... counterparts, the Eurozone economy is contracting and the outlook for this year is non-the-brighter. But while the central banks of the US, Japan and the UK raced to the zero interest rate line, the European Central Bank (ECB) appears seemingly nonchalant ... |
| | | | ... said the next couple of months will be critical because it is the time many financial planning firms have to talk to their banks about how their businesses fared last year, particularly in the three months to December when the market deteriorated. In ... |
| | | | ... through." Mr Vaughan said the deal still has to be reviewed by the Foreign Investment Review Board and shareholders. The major banks were stronger at 1210 AEDT. ANZ added 78 cents, or 6.56 per cent, to $12.67, the National Australia Bank rose 13 cents ... |
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