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Showing 501 - 510 of 553 results for "Foreign Exchange"

NAB picks up corporate and institutional clients -analyst report

AAP  |  TUESDAY, 27 JUL 2004
... appears to have staunched the bleeding in its corporate and institutional divisions harmed by the $360 million foreign exchange scandal and is starting to pick up new customers. According to East & Partners\' latest report, NAB, along with the Commonwealth ...

NAB says cash earnings down on first half

AAP  |  WEDNESDAY, 14 JUL 2004
... result of $1.85 billion. Chief Executive John Stewart said the outlook reflects more than the impact of the recent foreign exchange losses. \"There has undoubtedly been a loss of competitiveness in the National\'s businesses but it is my objective to ...

ASIC takes Market Traders to court

AAP  |  FRIDAY, 11 JUN 2004
... Corporations Act. The watchdog also alleges Mr Beaumont and Mr Vevera provided financial product advice about foreign exchange contracts or derivatives and arranged for people to deal in foreign exchange contracts or derivatives without being appropriately ...

Market Wrap

... Exchange, the June share price index contract was three points higher at 3375 on a volume of 1,113 contracts. On foreign exchange markets, the Australian dollar continued its recent slide, dipping below US69 cents for the first time in nine months and ...

NAB to undertake debt raising

... raisings in order to meet the new capital requirements set by the corporate watchdog following the unauthorised foreign exchange options trading that cost the bank $360 million. "As part of this debt raising process, National executives will be speaking ...

Banking chiefs extra vigilant after NAB scandal

... controls, Westpac Banking Corp head David Morgan said [on Sunday]. Mr Morgan declined to comment directly on the NAB foreign exchange scandal but told the Nine Network's Business Sunday program that Westpac was not immune from an error or fraud. "But ...

Walter says NAB boardroom row needs cautious, mature approach

AAP  |  THURSDAY, 22 APR 2004
... and that the NAB board be censured as a whole as being responsible for the failings that led to $360 million in foreign exchange losses.

Telstra tops market expectations

AAP  |  WEDNESDAY, 21 APR 2004
... occurred in mobiles, internet and directory services, offset by a reduction in Hong Kong CSL primarily due to foreign exchange translation," said Telstra. Telstra's total reported sales revenue for the nine months to March increased 0.3% to $15.47 billion. ...

NAB outlines board renewal program

AAP  |  WEDNESDAY, 7 APR 2004
... board renewal aimed at a "major culture change" at the bank which has been dogged by problems in the wake of its foreign exchange trading crisis. "NAB is committed to a continuing process of Board renewal on an orderly basis," Kraehe said. "The search ...

NAB CFO joins the list of bank departures

AAP  |  MONDAY, 5 APR 2004
... HomeSide in 2002. However NAB\'s statement did not indicate McKinnon\'s departure had anything to do with the foreign exchange trading scandal which cost Australia\'s biggest bank $360 million. McKinnon said he had intended to retire on his 55th birthday ...