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Showing 5281 - 5290 of 5948 results for "Banks"

Market wrap - morning

AAP  |  MONDAY, 20 AUG 2007
... Friday at the end of a volatile week. The surge on Friday came after the Federal Reserve slashed the discount rate charged to banks in an urgent step to add some stability to the credit markets. Markets have fallen sharply worldwide in connection to ...

Market Wrap - Morning

AAP  |  FRIDAY, 17 AUG 2007
... four per cent, its biggest daily decline since March 2003, as intensified credit market fears fuelled a sell-off that hit banks and commodities hardest. The index ended 4.1 per cent, or 250.4 points lower at 5,858.9 points, breaking below the 6,000 level ...

Gen X-ers choose brokers over banks

... increases dramatically among the Gen X-ers, with half of respondents aged under 35 using a broker instead of going through banks. "With younger people choosing non-traditional lenders and advice being rated highly, it's critical that standards are in ...

Market wrap - midday

AAP  |  TUESDAY, 14 AUG 2007
... stocks were little changed overnight as concerns about subprime mortgage exposure haunted financial shares even as central banks pumped cash into the global financial system. Stocks had spent much of the session higher, led by Boeing and Apple, suggesting ...

Battling the bears

SUZY MAC  |  TUESDAY, 14 AUG 2007
... July Survey on Bank Lending Practices highlighted a tightening in lending standards. Ironically, on home lending it said, "banks indicated they had tightened their lending standards over the past three months." The European Central Bank did its best ...

Market Wrap - Morning

AAP  |  TUESDAY, 14 AUG 2007
... stocks were little changed on Monday as concerns about subprime mortgage exposure haunted financial shares even as central banks pumped fresh cash into the global financial system. Stocks had spent much of the session higher, led by Boeing and Apple ...

CommunityCPS launches charity foundation

ALEX DUNNIN  |  MONDAY, 13 AUG 2007
... interest their members. Deputy chairman Gary Green said, "One hundred and fifty years ago credit unions started as people's banks in response to crop failures in Europe. But it's now time to share success and not just combat failure." Katy Gallagher ...

The price of pain

SUZY MAC  |  MONDAY, 13 AUG 2007
... contributed 2-3 billion Swiss francs (1.97-2.96) and our own Reserve Bank injected 4.95 billion into the banking system. Central Banks are maintaining a vital function in ensuring the banks have enough cash to settle with each other and their customers ...

Market wrap - morning

AAP  |  MONDAY, 13 AUG 2007
... share index tumbled nearly four per cent, its biggest fall in more than four years, as a lending squeeze that forced central banks to inject cash into the banking system spooked investors. The FTSE 100 index closed down 3.7 per cent at 6,038.3 -- its ...

BT chief Coombe explains spin-off

... are attracted to the group's equity-based model. "I think what we've seen in the financial services industry, not just in banks, that it has been very difficult to retain talent. You almost become a victim of your own success," he said, explaining that ...