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

Search Results

Showing 4851 - 4860 of 5948 results for "Banks"

Super cushions local asset managers

MICHELLE BALTAZAR  |  FRIDAY, 19 SEP 2008
The country's compulsory super will keep the investment management arms of the major banks chugging along despite the current market crisis - unlike their European and US counterparts which are under the hammer, if not already sold, as their parent ...

HBOS Australia gives Lloyds thumbs up

RUTH LIEW  |  FRIDAY, 19 SEP 2008
... Australia claims the acquisition would position the firms' Australia's banking customers will be part of one of the biggest banks globally. HBOS Australia CEO David Willis said "Lloyds TSB's credit rating and capital strength will enhance the position ...

Dec 2007 redux

BENJAMIN ONG  |  FRIDAY, 19 SEP 2008
The world's major central banks have launched a joint effort to address the on-going liquidity crisis and stabilise financial markets. This failed in December 2007 when the economic and financial backdrop were much better, will it succeed this time? ...

Market Wrap - Morning

AAP  |  FRIDAY, 19 SEP 2008
... positive lead, with Wall Street shooting higher on reports the federal government may create an entity that will take over banks' bad debt. At 0738 AEST, the Sydney Futures Exchange's December Share Price Index contract was 126 points higher at 4,793. ...

HBOS surrenders to Lloyds TSB

WWW.THESHEET.COM  |  THURSDAY, 18 SEP 2008
The worsening credit crunch may be about to generate a first merger of prominent commercial banks, with Lloyds TSB close to finalising terms for a takeover of HBOS. Britain's government and Financial Services Authority are encouraging the merger, according ...

Sunsuper rewrites industry fund model

MICHAEL HOBBS  |  THURSDAY, 18 SEP 2008
... members can easily contribute and switch. "It's going to take a few leaders to strike out and build these systems like the banks who've built their own systems and then connected them. You can now go to any bank and take out your money," he said. "The ...

Look out below

BENJAMIN ONG  |  TUESDAY, 16 SEP 2008
... from the US Federal Reserve. Reports that the Fed has further expanded its lending facility, a consortium of 10 major US banks pledged to make US$70 billion available, and extra liquidity injections from the European Central Bank, the Bank of England ...

Market Wrap - Midday

AAP  |  MONDAY, 15 SEP 2008
The Australian stock exchange was weaker at noon as US financial sector uncertainty continued to affect local banks and insurers. At 1200 AEST, the benchmark S&P/ASX200 was 108.4 points lower, or by 2.21 per cent, at 4795.4, while the broader All Ordinaries ...

Market Wrap - Morning

AAP  |  MONDAY, 15 SEP 2008
... three-day weekend in Japan. HONG KONG - Hong Kong share prices closed down 0.18 per cent on Friday, as weakness in Chinese banks offset earlier gains in property developers and energy firms. The benchmark Hang Seng Index plunged 35.82 points to 19,352.90 ...

Stagflation policy conundrum

BENJAMIN ONG  |  FRIDAY, 12 SEP 2008
... in the Eurozone would be weak in the second half of 2008 as domestic and foreign demand slows. However, the two European banks' policy response is not expected to be similar. Financial markets expect the BoE to focus on supporting growth and lower interest ...