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Showing 5631 - 5640 of 5949 results for "Banks"

Citigroup, Bank of America post higher profits

AAP  |  FRIDAY, 15 OCT 2004
... gains in retail banking, credit cards and consumer finance. Fifth Third's $35 billion of assets includes shares in both banks. "Bankruptcies are down, deposit growth and credit card income is strong, and delinquencies are down." Bank stocks declined ...

Australian and New Zealand Banking Sector Stable: S&P Report

... ongoing good health of the sector. The report revealed concerns over high private sector indebtedness, strong asset growth by banks and increasing reliance on external liabilities, and strong increases in house prices over recent years which will most ...

Qantas announces $1.9 billion bank facility

AAP  |  WEDNESDAY, 6 OCT 2004
... had been launched in August and was heavily oversubscribed, with almost $3 billion in commitments from a syndicate of 33 banks. "We decided to reduce the size of the facility from $2.1 billion to $1.9 billion following a review of the company's future ...

ASIC shuts down loan calculators

Australia's corporate regulator has moved to shut down loan calculators used on more than 100 websites of Australian banks, credit unions and finance brokers because the tools mislead consumers about loan repayments. The calculators, provided by software ...

Banks face volatility with shift to global accounting standards

AAP  |  WEDNESDAY, 15 SEP 2004
... Australia\'s transition to international accounting standards could generate volatility in the profits and equity reserves of the banks, a banking conference heard on Tuesday. On 1 July businesses began the shift to standards derived from the International ...

NAB announces management appointments in Institutional Markets

AAP  |  TUESDAY, 14 SEP 2004
... National Australia Bank. The division provides risk management services, funding and investment products to each of the Banks client segments, manages the Financial Institutions client segment globally and the New York branch. The IMS division will also ...

CBA says in talks with China bank, Jinan, on cooperation

AAP  |  TUESDAY, 7 SEP 2004
... Banking Regulatory Commission (CBRC). CBA said a foreign bank may singly hold a maximum 20% shareholding in PRC domestic banks. Currently CBA is discussing a smaller than the maximum allowable shareholding (11%), with options up to 20%. Jinan City Commercial ...

ANZ extends footprint in China

... selected Chinese-owned enterprises with a focus on those that import from Australia and New Zealand. Until recently foreign banks were restricted in dealing with Chinese-owned enterprises and ANZ\'s RMB licence allowed it to provide financial services ...

S&P affirms Macquarie Bank ratings

AAP  |  TUESDAY, 24 AUG 2004
Standard & Poor\'s today affirmed its A/A-1 counterparty credit ratings on Macquarie Bank. The ratings reflect the banks diversified business platform, strengthened earnings profile, and its strong asset quality. Its relatively broad Australia-based ...

UK launches probe into Citigroup bond trading

AAP  |  THURSDAY, 19 AUG 2004
... maturities, in 11 markets off 13 different platforms, 11 of which were on the electronic trading platform MTS. Traders at rival banks said Citigroup sold the securities in a short space of time, causing them to fall in value, and bought many back soon ...