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Showing 4821 - 4830 of 6696 results for "Securities"

AEGON takes Lehman Bros hit

RUTH LIEW  |  THURSDAY, 25 SEP 2008
... the firm. The insurance company also has counter party exposure in Lehman Brothers through derivatives contracts and securities lending transactions. However, this exposure is either collateralised or on bankruptcy remote entities, claims AEGON. As a ...

Bail-out might breach US constitution

ALEX DUNNIN  |  WEDNESDAY, 24 SEP 2008
... disclosure, prohibition of practices that lead to the crash and increased monitoring and sanctions. Recognising this, Securities and Exchange Commission (SEC) chairman Christopher Cox told the Banking committee there is a "regulatory hole that must be ...

The good and the bad

BENJAMIN ONG  |  WEDNESDAY, 24 SEP 2008
... selling. The normal market pricing mechanism is impaired with investors uncertain with regards to the true market value of securities. Asset prices continue to fall. The financial sector problem remains but this time the US government debt is larger. ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 24 SEP 2008
... points at 4,939. In news today, retailer David Jones delivers its full year results. Air New Zealand and the Australian Securities Exchange (ASX) hold annual general meetings. Empire Oil & Gas NL holds a general meeting. Mercer will host a briefing on ...

Nomura absorbs Lehman Bros Australia

MICHELLE BALTAZAR  |  TUESDAY, 23 SEP 2008
... employees in the Asia Pacific region will be offered employment with the firm. This would include employees of Grange Securities, which Lehman Brothers acquired in January last year. "This is a transformational deal that allows us to bring together the ...

AIMA and IFSA respond to temp shorting ban

MICHELLE BALTAZAR, MICHAEL HOBBS  |  MONDAY, 22 SEP 2008
... holding a global conference with AIMA UK about the issue. "We are alarmed by ASIC's haste to ban all short selling. The Securities and Exchange Commission in the US (SEC) and Financial Services Authority in the UK (FSA) are only banning naked short sales ...

Market Wrap - Midday

AAP  |  MONDAY, 22 SEP 2008
... cent, to $106.79 and Fortescue put on $1.52, 26.67 per cent to $7.22. Trading was delayed today while the Australian Securities Exchange (ASX) sought a clarification from the corporate regulator about its decision to ban short selling of shares in the ...

Fund manager sentenced

MICHAEL HOBBS  |  MONDAY, 22 SEP 2008
Sydney based Gregory Nathan has been sentenced to seven years in prison following an Australian Securities & Investments Commission (ASIC) investigation that found he had acted dishonestly and gambled investors money. ASIC found Nathan operated an unregistered ...

ASIC tightens short-selling rules

MICHELLE BALTAZAR  |  MONDAY, 22 SEP 2008
The Australian Securities Exchange Commission (ASIC) moves to block offshore market speculators and traders from targeting the local stockmarket when it imposed temporary restrictions on short-selling of all listed Australian equities effective today. ...

Greater fool with no shorts

BENJAMIN ONG  |  MONDAY, 22 SEP 2008
... choking the financial system for more than a year. The Treasury plans to buy failed assets and guarantee money market securities. The Fed invoked its emergency powers and announced a US$290 billion program to purchase federal agency discount notes from ...