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Showing 5061 - 5070 of 5948 results for "Banks"

Market Wrap - Midday

AAP  |  WEDNESDAY, 19 MAR 2008
... black at noon after the US Federal Reserve's 75 basis point interest-rate cut and solid results from two major investment banks. At 1200 AEDT, the benchmark S&P/ASX200 index was up 156.1 points, or 3.07 per cent, at 5,242.2, while the broader All Ordinaries ...

Time to get radical: IMF

ALEX DUNNIN  |  WEDNESDAY, 19 MAR 2008
... systems and securities markets failed simultaneously, he said. But what's worrying the IMF even more is that solutions central banks have been putting in place may be setting the scene for follow-up problems that just reinforce the situation we are trying ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 19 MAR 2008
... biggest one-day advance in more than five years, after a deep interest-rate cut and solid results from two top investment banks calmed credit market concerns. The Federal Reserve slashed a key US interest rate by three-quarters of a percentage point ...

Market wrap - midday

AAP  |  TUESDAY, 18 MAR 2008
... markets turned a summersault boosted by the financials. "This is amazing really," he said. "What a turnaround - yesterday the banks were down four per cent and now up three per cent." The big four banks all were up, Commonwealth Bank leading the way ...

Bear Stearns a 'reasonable risk': JPMorgan

... down today after news of JPMorgan Chase's merger with Bear Stearns, the investment banking giant which was one of the first banks to show liquidity troubles since the sub-prime crisis unfolded last year. Under the stock-for-stock deal, JPMorgan Chase ...

Market Wrap - Midday

AAP  |  MONDAY, 17 MAR 2008
... approved a cut in its discount rate to 3.25 per cent from 3.50 per cent and created another lending facility for big investment banks to secure short-term loans. JP Morgan said the all-stock deal to buy troubled rival Bear Stearns had received the required ...

Market Wrap - Morning

AAP  |  MONDAY, 17 MAR 2008
... Index slipped 51.12 points, or 2.26 per cent, to 2,212.49. LONDON - Britain's leading share index fell one per cent, as banks on both sides of the Atlantic slid on fears that emergency financing for US bank Bear Stearns could portend further turmoil ...

Bluestone cuts back hard

WWW.THESHEET.COM  |  FRIDAY, 14 MAR 2008
... aim is to have the company in a position to get the business going again quickly when funding lines open up again. "Non-banks have outsourced their balance sheets to the capital markets. Our business has relied on the strength of the securitisation market. ...

Market wrap - midday

AAP  |  WEDNESDAY, 12 MAR 2008
... rate cycle as the economy shows signs of slowing had helped the market gain today. "The bond rate is also supportive of the banks and their lending operations," Mr Smith said. But Mr Smith said today's gains were unlikely to last. "I would be sceptical. ...

Central banks try again to lift liquidity

WWW.THESHEET.COM  |  WEDNESDAY, 12 MAR 2008
Several of the world's most prominent central banks, led by the US Federal Reserve, overnight announced details of the latest scheme - basically looser lending, by them, to select counterparties - that they hope will help revive liquidity in interbank ...