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Showing 531 - 540 of 553 results for "Foreign Exchange"

NAB ratings unaffected by losses: S&P

AAP  |  THURSDAY, 15 JAN 2004
... ratings on National Australia Bank Ltd (AA/Stable/A-1-plus) are unaffected following the disclosure of unauthorized foreign exchange transactions that are expected to result in pretax foreign exchange option losses of $A180 million. S&P Credit analyst ...

Whistleblower exposed NAB losses

AAP  |  WEDNESDAY, 14 JAN 2004
... today. NAB yesterday suspended a foreign currency dealer in London and three in Melbourne for rogue trading in foreign exchange options. "The initial investigation was revealed by a colleague on the trading desk on our trading floor in Melbourne," NAB ...

Midday market wrap: $A weaker at noon as market drifts without US impetus

AAP  |  FRIDAY, 28 NOV 2003
... offshore trade. It had shuffled lower in domestic trade today from an opening price of $US0.7228. St George Bank foreign exchange trading manager Stuart Moore said the domestic market was very quiet due to the absence of the US market as that country ...

RBA appoints new assistant governor, business services

AAP  |  WEDNESDAY, 26 NOV 2003
... areas of the central bank. Since 1997 he has been head of international department, responsible for the bank\'s foreign exchange operations.

State Street announces key appointment to its Sydney-based research team

... director of Global Markets business in Asia Pacific Russell Kennett and will contribute to the formulation of foreign exchange and global asset allocation strategies for State Street's global markets team and its clients. He will focus on interest rates ...

Dollar looks set for more solid gains

The Reserve Bank of Australia's (RBA) uncanny record of buying foreign exchange low and selling high is likely to continue into the future as the central bank is expected to sell off more Australian dollars in the medium term. TD Securities chief strategist ...

Midday Market Wrap: Dollar, bonds rally

... "There has been solid corporate demand and the market seems willing to test the recent highs," Citigroup head of foreign exchange Nick Waite said. The currency traded a low of just $US0.7044 to noon and last week's near six-year high of $US0.7075 was ...

Midday Market Wrap: US dollar rebound flattens dollar

... direction this morning but that was repelled by substantial buying interest below $US0.6860, Citigroup head of foreign exchange Nick Waite said. The low traded to noon was $US0.6857 and the high was 0.6880. "It was US dollar strength - strengthening ...

Government announces new draft legislature on super, foreign exchange

Draft legislation to allow splitting of superannuation contributions will assist families, according to Minister for Revenue and Assistant Treasurer Helen Coonan. The draft legislation, which was announced yesterday, also included amendments to allow ...

Midday Market Report: Dollar firm; All eyes on Japan

... the morning, well within the overnight range of $US0.6818 to 0.6865. NM Rothschild & Sons associate director foreign exchange Paul Macarounas said the local market was content to stick within the range it played overnight and remained watchful for any ...