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Showing 5161 - 5170 of 5948 results for "Banks"

Market Wrap - Morning

AAP  |  WEDNESDAY, 5 DEC 2007
... Corp. In a sign of growing unease about the credit squeeze, JPMorgan Chase slashed its earnings outlook for Wall Street banks. Investors turned cautious as the focus shifts to the Federal Reserve's next rate-setting policy meeting on December 11. At ...

Market wrap - midday

AAP  |  TUESDAY, 4 DEC 2007
... by 88 cents to $47.14, Santos was 28 cents lower to $13.63 but Oil Search had edged four cents higher to $4.57. The big banks also were mixed at 1212 AEDT. Westpac had shed 11 cents to $28.09, ANZ had lost 28 cents to $27.57, Commonwealth Bank had fallen ...

Markets not governments set interest rates

ALEX DUNNIN  |  TUESDAY, 4 DEC 2007
While the sub-prime fiasco showcases how banks are still the crown jewel of the financial system, the expanding role of non-bank financiers is unstoppable and market regulators will eventually have to figure out a way to deal with this new reality. ...

Market Wrap - Morning

AAP  |  TUESDAY, 4 DEC 2007
... Electric. Financial shares fell after Deutsche Bank cut its profit estimates through 2008 on the nation's top five investment banks, including Bear Stearns, Lehman Brothers and Morgan Stanley. These stocks dropped about one per cent or more, while the ...

Market Wrap - Midday

AAP  |  MONDAY, 3 DEC 2007
... did finish off the week last week with a bang," he said. "Really, there have not been a huge number of leads, again, the banks opened up strongly but have drifted back. "NAB has been stronger, but it was oversold on Friday when the other banks rose." ...

Fujitsu spices up competition

... Schumer and Bernie Dilger. Meanwhile, Czes Szarycz is a business transformation expert. While at Accenture, he advised leading banks and regulators across Asia and Australia on risk frameworks covering both credit and operational risk and has taught ...

Market Wrap - Morning

AAP  |  MONDAY, 3 DEC 2007
... also appeared to be rotating money from tech, until recently a market leader, and into the downtrodden financial sector. Banks and mortgage lenders were the standouts following a report that the US Treasury will soon unveil a plan to help stem the subprime ...

US Fed hints rates holiday may be over

ALEX DUNNIN  |  FRIDAY, 30 NOV 2007
... population a lesson," said US Fed vice chairman Donald L Kohn in a major speech on Wednesday. "To minimize moral hazard, central banks should operate as much as possible through general instruments not aimed at individual institutions." Kohn said the ...

Market wrap - midday

AAP  |  THURSDAY, 29 NOV 2007
... Australian sharemarket was higher at noon following a strong lead from Wall Street and renewed optimism among the local banks. At 1204 AEDT, the benchmark S&P/ASX200 index was 90.2 points higher to 6460.3, while the All Ordinaries had gained 87 points ...

Market wrap

AAP  |  THURSDAY, 29 NOV 2007
Australian shares have opened on the front foot from a strong Wall Street lead and renewed optimism in the local banks. US financial stocks rose after Federal Reserve Bank Vice-Chairman Donald Kohn reinforced expectations of another US interest rate ...