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| | | ... are funded by parent company, GE which is also triple A rated. Wizard Chairman and founder Mark Bouris said, "While non-banks were quite similar three to four years ago, Wizard now has little in common with them today." |
| | | | ... number one challenge, in funds and, you never know, in banking, is coming from Members Equity Bank, so one of the established banks might find it handy to control Union branding in banking. And don't be too put off by the tussle over how to value AMP ... |
| | | | ... stock market ended the week lower, bringing an end to a four-day rally, with the big miners both ending softer while the banks were mixed. The benchmark S&P/ASX200 index closed down 71.2 points to 6088.5 and the all ordinaries fell by 62.5 points to ... |
| | | | AMP chief executive Andrew Mohl acknowledged yesterday that life companies faced a challenge from the banks in one of their traditional strongholds, the risk insurance market. Mohl also announced he would leave AMP at the end of 2007 after five years ... |
| | | | ... dared to hope for, so there's got to be a bit of reaction somewhere and today is it, unfortunately. "Everything is down. The banks are down between half and three quarters of a per cent, and most other things are down about half a per cent. Rio and BHP ... |
| | | | ... it's not as exciting as the gains we made yesterday," she said. Jarvis said metal prices were improving, but that the major banks were weak. "Basically, it looks like metal prices are slightly stronger, including nickel, which is helping the rally in ... |
| | | | ... stock market represents just two per cent of global stocks and is dominated by the big mining companies and the big four banks. "The World Trust provides an opportunity for investors to access a world of companies with superior environmental and financial ... |
| | | | ... per cent or 256 points to 5926.50. It is the best one-day rally for both indices since October 1997 with gains led by the banks. Our transport sector is expecting a bounce of its own today following a rally in US transport stocks. There were sighs of ... |
| | | | ... Friday at the end of a volatile week, thanks to the Federal Reserve decision to slash the discount cash rate charged to banks. The urgent step added some stability to the credit markets, racked by the subprime mortgage lending crisis, by increasing liquidity. ... |
| | | | ... to cut its discount rate by 0.5 per cent to 5.75 per cent. The Fed charges this rate on its back-up lending facility for banks and the facility has also been extended to allow 30-day loans instead of the regular overnight loan. The Federal Open Market ... |
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