Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 4751 - 4760 of 5948 results for "Banks"

Knife falls

BENJAMIN ONG  |  WEDNESDAY, 10 DEC 2008
... and an 8.4 per cent retreat in the non-manufacturing sector. The comptroller of the currency reported that data from 14 US banks showed that 58 per cent of re-worked mortgages are back in foreclosure. When the amount you owe is greater than the value ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 10 DEC 2008
... the Australian share market ignored a strong rally by big resources stocks to close lower after heavy falls among local banks. The benchmark S&P/ASX200 index lost 27.3 points, or 0.75 per cent, to 3,604.3, while the broader All Ordinaries declined 20.1 ...

Calls to cut super contribs fails to get traction

ALEX DUNNIN  |  MONDAY, 8 DEC 2008
... lift the tempo behind industry calls for overall contributions to rise to 15 per cent. With super funds now bigger than banks it may also bring superannuation out of the shadows and stop them being treated so subserviently by government and other financial ...

Market Wrap - Midday

AAP  |  MONDAY, 8 DEC 2008
... money into the economy," Mr Bishop said. "There has been a lot of optimism after the rally on the American market. "Our banks are up between 2.5 and five per cent and it has been a very good start to the day." Commonwealth Bank rose $1.77, or 5.73 per ...

Super funds reject calls to cut super contrib

ALEX DUNNIN  |  MONDAY, 8 DEC 2008
... lift the tempo behind industry calls for overall contributions to rise to 15 per cent. With super funds now bigger than banks it may also bring superannuation out of the shadows. "Another economic institution we've built [apart from banks] gives us a ...

Asgard and IOOF add Patriot funds

RUTH LIEW  |  FRIDAY, 5 DEC 2008
... is to approach buying stocks as though the firm was buying the entire underlying businesses. The firm's investment model banks on high quality companies, with its portfolio managers focusing on the key drivers of their revenues, profits and cash flows. ...

Scary Money

BENJAMIN ONG  |  FRIDAY, 5 DEC 2008
And the race is on -- the race to zero interest rates. The way major central banks are going, benchmark target rates could hit the big fat 0 before Easter 2009. Following the Reserve Bank of Australia's 100 basis point interest rate reduction early ...

Market Wrap - Midday

AAP  |  THURSDAY, 4 DEC 2008
... trend, gaining 39 cents, or 1.4 per cent, to $28.20, while Rio Tinto shares fell $3.77, or 10.24 per cent, to $33.03. The banks were all stronger. Commonwealth Bank added 52 cents to $31.72, National Australia Bank rose 64 cents to $19.23, ANZ gained ...

You are what you Google

MICHELLE BALTAZAR  |  THURSDAY, 4 DEC 2008
Among the top finance term searches on Google this year were 'superannuation', 'interest rates' and 'investment banks' but as to which keyword was more popular than the other changed state by state, according to Google Australia. The world's largest ...

Macfarlane calls for a new regulatory regime

WWW.THESHEET.COM  |  THURSDAY, 4 DEC 2008
... again, the longer-term goal was a better regulatory structure. He said Basel II was a regulatory system designed to stop banks going broke but did nothing to protect economies. One way for banks to protect themselves was to stop lending, which was the ...