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Showing 5561 - 5570 of 5948 results for "Banks"

Market wrap

AAP  |  THURSDAY, 2 FEB 2006
... Co pushed blue-chip US stocks higher overnight. The local bourse closed at a fresh high yesterday, led by most of the big banks and strong performances from telco Telstra, aluminium smelter Alumina and beverages firm Foster's Group. The benchmark S&P/ASX200 ...

ME Bank profit surges but needs to lend more

WWW.THESHEET.COM  |  TUESDAY, 31 JAN 2006
... total revenue by 19 per cent while keeping cost increases to 16 per cent. But the problem for ME, and it's one that other banks might kill to have, is that the increase in its average deposit volumes in 2005 of $95.9 million outpaced the growth in average ...

Foreign banks lag locals, but for how long?

WWW.THESHEET.COM  |  FRIDAY, 27 JAN 2006
Despite deregulation of the banking system and foreign banks moving into Australia, local banks still have a mortgage over the banking industry. APRA has just released a quarterly snapshot of the financial performance of all banks that reveals that ...

India is 30 per cent overvalued: Citigroup

... of years. Under this scenario, Kumar suggested that investors should stick to sectors with 'visible' high growth such as banks, capital goods, IT services and telecom services.

Market wrap

AAP  |  WEDNESDAY, 25 JAN 2006
... The Australian stock market finished stronger yesterday, as gains in resources stocks outweighed losses among the major banks. The S&P/ASX200 improved 12.7 points to 4824.8 while the all ordinaries added 13.2 points to 4779.8. On the Sydney Futures Exchange ...

Use structured products to complement private equity investing: Absolute Capital

... equity environment is also one where structured product specialists can play a facilitation role, said Joubert. "Investment banks are very innovative but they are built around deals rather than [investment product] management," he said. A structured ...

Market wrap

... the growth of corporate profits. The Australian share market also took a hammering yesterday spooked by falls in the major banks and miners and weakness on Wall Street. The benchmark S&P/ASX200 index slid 79.2 points to 4786.9 while the all ordinaries ...

Market wrap

AAP  |  WEDNESDAY, 18 JAN 2006
... Index slipped 4.35 points to 1,283.26. The technology-laced Nasdaq Composite Index fell 16.1 points at 2,300.94. LONDON - Banks led Britain's blue chips lower, with Monday's favourite Standard Chartered down 2.2 per cent as investors had second thoughts ...

Door opens on IFRS - or is it the floodgates?

WWW.THESHEET.COM  |  MONDAY, 16 JAN 2006
... portfolios, but there is skepticism about the reliability of fair values for items that do not trade on liquid markets. Several banks have expressed concern that fair value accounting could inject misleading volatility into earnings figures and unnerve ...

Pre-Christmas sale earns Absolute Capital NZ$30m

... broking community in Australia." He added that the surprise in New Zealand has been the number of institutions and private banks which have taken up what he describes as "essentially a retail product." "It's just another sign of a definite need with ...