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Showing 31 - 40 of 53 results for "Opes Prime"

Market Wrap - Midday

AAP  |  WEDNESDAY, 23 APR 2008
... scenario," Mr Wright said. ANZ chief executive Mike Smith today admitted the bank's involvement with collapsed margin lender Opes Prime had damaged its brand. ANZ picked up 53 cents, or 2.51 per cent, to $21.67. Shares in the Commonwealth Bank, which ...

Market Wrap - Morning

AAP  |  MONDAY, 21 APR 2008
... details of a Treasury bond tender. In company news, Beconwood Securities' action against ANZ Banking Group regarding Opes Prime continues in the Federal Court of Australia in Melbourne. Court action relating to the Opes Prime collapse also continues ...

Asgard to launch alternatives to cash

MICHAEL HOBBS REPORTING FROM THE CONFERENCE IN NEW ZEALAND  |  THURSDAY, 17 APR 2008
... risk profile and gear," he said. He said the demand for leverage type products remained strong despite the troubles of Opes Prime and Lift Capital. "As an indication of client appetite, in our margin lending business, year to date we've had more accounts ...

LIFT Capital collapses

MICHAEL HOBBS  |  FRIDAY, 11 APR 2008
Margin lender LIFT Capital follows the collapse of Opes Prime and has called in McGrathNicol as voluntary administrators yesterday. McGrathNicol administrators, Tony McGrath and Joseph Hayes, are investigating the firm. They have not provided the reasons ...

Market Wrap - Morning

AAP  |  FRIDAY, 11 APR 2008
... is no major data due for release in Australia today. In equities, court action continues in Sydney relating to the Opes Prime collapse. Yesterday, the Australian share market closed in negative territory, but energy companies bucked the trend after global ...

Market Wrap - Morning

AAP  |  THURSDAY, 10 APR 2008
... first half results. Court action involving companies whose shares have been caught up in the collapse of stock broker Opes Prime will take place in Sydney and Melbourne. Yesterday, Australian shares fell 0.92 per cent, dragged down by financial firms ...

Market Wrap - Morning

AAP  |  TUESDAY, 8 APR 2008
... expectations survey for June and National Australia Bank releases its business survey for March. Creditors in troubled Opes Prime meet today. Yesterday, the S&P/ASX 200 index edged up 0.1 per cent, or 5.4 points, to 5,625.0, after rising five per cent ...

JV eases Opes Prime woes

MICHAEL HOBBS  |  MONDAY, 7 APR 2008
... systems and client base of online brokering service, Trader Dealer, severing ties between the online stockbroker and Opes Prime. The purchase enables Trader Dealer to provide "execution only services" in equities, options and futures warrants for its ...

Further regulation not needed: Nelson

MICHAEL HOBBS  |  THURSDAY, 3 APR 2008
... Brendan Nelson said there is no need for further regulation on the stock market and non-bank lenders following Tricom and Opes Prime's problems. Speaking at a Financial Services Institute of Australasia (Finsia) luncheon, Nelson said the government should ...

Market Wrap - Morning

AAP  |  THURSDAY, 3 APR 2008
... Employment Expectations Survey also was released early this morning. In company news, court action relating to the Opes Prime collapse continues in the Federal Court in Melbourne. The Minister for Superannuation and Corporate Law, Nick Sherry, will address ...