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Showing 4961 - 4970 of 5948 results for "Banks"

Market Wrap - Midday

AAP  |  WEDNESDAY, 18 JUN 2008
... financial issues globally." US stocks fell 0.9 per cent last night after top investment bank Goldman Sachs warned that US banks would have to raise as much as $US65 billion in capital and forecast the credit crunch to last until mid 2009. Mr Vaughan ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 18 JUN 2008
The Australian share market is expected to open lower after US stocks fell on a warning from Goldman Sachs that US banks will need to raise billions of dollars in capital. On the Sydney Futures exchange, the June share price index was down 10 points ...

Trust banks on fiduciary after BNY sale

RUTH LIEW  |  MONDAY, 16 JUN 2008
Trust Company Limited received a $14 million profit injection from the sale of its 50 per cent stake in BNY Trust Australia - paving the way for Trust to focus more on its fiduciary roots. Trust Company Limited sold its share of BNY Trust Australia ...

East Timor Petroleum fund signs JPMorgan

MICHAEL HOBBS  |  MONDAY, 16 JUN 2008
... JPMorgan Worldwide Securities Services purchase of the international custody portfolio of Nordea, one of the largest Nordic banks with $342.5 billion in assets under custody.

Asia will weather global slowdown: EFIC

MICHAEL HOBBS  |  FRIDAY, 13 JUN 2008
... growth is rising food and fuel prices, not the global credit crisis or declining exports. "Until recently, most central banks were taking a wait and see position - hoping the food and fuel price increases would be one-off jumps, rather than escalating ...

Market Wrap - Morning

AAP  |  FRIDAY, 13 JUN 2008
... 0.43 per cent, at 2,404.35. LONDON - UK stocks jumped 1.2 per cent, their strongest showing in six weeks, as rebounding banks and mining stocks offset a slump in Carphone Warehouse and weaker retailers. The FTSE 100 closed at 5,790.5 points, up 67.2 ...

Market wrap - Morning

AAP  |  THURSDAY, 12 JUN 2008
... was down 54.93 points, or 2.24 per cent, at 2,394.01. LONDON - Britain's blue-chip index ended 1.78 per cent lower after banks and builders took a pummeling on funding concerns, while retailers headed south on negative broker comment. The FTSE 100 slumped ...

Australia gets Chinese QDII status

MICHAEL HOBBS  |  WEDNESDAY, 11 JUN 2008
... investment destination under the Qualified Domestic Institutional Investor (QDII) scheme. The QDII scheme allows Chinese banks, insurance companies and fund management companies to invest in overseas markets. According to IFSA, the Chinese funds management ...

Market Wrap - Midday

AAP  |  TUESDAY, 10 JUN 2008
The Australian share market was down more than two per cent at noon, as the banks led declines after US investment bank Lehman Brothers announced overnight it expects an unprecedented second-quarter loss. At 1200 AEST, the benchmark S&P/ASX200 index ...

Syndicated loan market contracts by half

WWW.THESHEET.COM  |  TUESDAY, 10 JUN 2008
Syndicated lending by Australian banks fell by around half during the March 2008 quarter, in one measure of the restricted availability of corporate credit since the global credit crunch emerged in mid 2007. The Bank for International Settlements estimated ...