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Showing 5291 - 5300 of 5948 results for "Banks"

Liquidity evaporates

SUZY MAC  |  FRIDAY, 10 AUG 2007
... least A$222 million (a,-138) this year on U.S. sub-prime investments. Germany's Bundesbank will host a meeting of German banks involved in a rescue of Europe's most high profile sub-prime victim, IKB as they pull together a a,-3.5 billion bailout. The ...

Market wrap - morning

AAP  |  FRIDAY, 10 AUG 2007
... down nearly three per cent, after a French bank froze three funds that invested in US subprime mortgages, prompting central banks to take steps to calm investors. Evidence the US mortgage market crisis was having a global impact and spreading to other ...

Market wrap - morning

AAP  |  THURSDAY, 9 AUG 2007
... stocks rose sharply yesterday, as the market took an unusually positive view on the today's interest rate rise, with even banks pushing higher. The benchmark S&P/ASX200 index jumped 115.8 points, or 1.9 per cent, to 6100.8 while the All Ordinaries added ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 8 AUG 2007
... Australia Bank found 62 cents to $38.98, ANZ gained 48 cents to $28.58 and Westpac rose 24 cents to $26.06. All the major banks announced this morning that they were reviewing the rates on their deposit and lending products, following today's rate rise ...

GBST buys InfoComp for $56m

... UK, where InfoComp has sold its flagship Composer wealth management and funds management system to one of the UK's largest banks, and the growth prospects for the business are very strong." Infocomp has a contract with Abbey National, the sixth largest ...

Market wrap - midday

AAP  |  THURSDAY, 2 AUG 2007
... said Macquarie shares were "probably over done yesterday", referring to the 11 per cent crash in share price. With other banks, Commonwealth Bank gained 95 cents to $53.20, National Australia Bank added 45 cents to $37.53, ANZ was 27 cents higher to ...

Market wrap - midday

AAP  |  WEDNESDAY, 1 AUG 2007
... Bishop, from ABN Amro Morgans, said today's fall was unfortunate, but to be expected. "All the major stocks have fallen. The banks are all down, all the retailers are having a bloody shocking day, all the resources are getting hammered... It's hit them ...

Market wrap - morning

AAP  |  WEDNESDAY, 1 AUG 2007
... streak and posting its biggest daily gain since May 2006, as fears over credit markets eased, and upbeat results lifted banks and miners. The FTSE 100 closed at 6,360.1 points, up 154 or 2.48 per cent. FRANKFURT - The DAX index ended at 7,584.14 points ...

Market wrap - midday

AAP  |  MONDAY, 30 JUL 2007
... market at noon was marginally weaker but did not replicate the big falls seen on United States markets on Friday. The big banks weighed upon the bourse, but major miners BHP Billiton and Rio Tinto were stronger. Aequs Securities institutional dealer ...

From rooster to feather duster

SUZY MAC  |  MONDAY, 30 JUL 2007
... had most handsomely profited from it, have joined the list of casualties - homebuilders, mortgage lenders and of course banks and hedge funds dealing in sub-prime mortgage securities. But given the IMF's recent upgrading of global growth earnings, many ...