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Showing 5681 - 5690 of 5949 results for "Banks"

Regional banks look to business lending, wealth management: KPMG

AAP  |  WEDNESDAY, 31 MAR 2004
Australia's regional banks are set to benefit from improving business lending and wealth management operations, as consumer and home lending cools, according to KPMG. KPMG's latest survey of regional banks, released today, showed the sector grew net ...

Market Wrap

AAP  |  TUESDAY, 30 MAR 2004
... Wall St, where investors took the opportunity to buy stocks beaten down in the previous week. Yesterday, Australia's big banks helped drag shares half a per cent lower. The benchmark S&P/ASX 200 index lost 17.5 points to 3411.0 while the all ordinaries ...

Australian financial system overall is in good shape: RBA

AAP  |  THURSDAY, 25 MAR 2004
... system is currently in overall good shape, the Reserve Bank of Australia said today in its first Financial Stability Review. Banks, the most important financial intermediaries from a systemic risk perspective, were in a particularly strong financial ...

Fed leaves US rates unchanged, pledges patience

AAP  |  WEDNESDAY, 17 MAR 2004
... by the rate-setting Federal Open Market Committee keeps the trendsetting federal funds rate for overnight loans between banks at 1 per cent, a level hit after a cut last June. In its post-meeting statement, the US central bank said upside and downside ...

S&P lowers NAB rating to AA-minus from A

AAP  |  MONDAY, 15 MAR 2004
... S&P said the downgrade reflects material and multiple breakdowns in NABs risk management processes and weaknesses in the banks corporate governance, said Standard & Poor's credit analyst Craig Bennett, Financial Services Ratings. The bank appears fully ...

NAB currency scandel cements four pillars policy: Fels

AAP  |  FRIDAY, 12 MAR 2004
... and Consumer Commission (ACCC) said the incident, which lost NAB $360 million, had reignited negative public perception of banks and lowered politicians' willingness to relax competition law. Professor Fels, who chaired the ACCC from 1995 to 2003, said ...

New regime for financial services, but unresolved issues remain

AAP  |  THURSDAY, 11 MAR 2004
... in the industry have met the new licensing requirements under the Act by today's deadline. Industry players - from major banks to building societies, insurance companies and superannuation funds, securities dealers and financial planners and advisers ...

CBA and NAB launch 10-year MTN issue for Merrill Lynch

AAP  |  FRIDAY, 5 MAR 2004
... note (MTN) issue for Merrill Lynch & Co. The issues amount is expected to be a minimum of $100 million fixed rate bond, the banks said. Pricing is expected to be at around 1500 AEDT today for settlement on Friday March 12. The MTNs will be marketed at ...

RBA widens repo net

AAP  |  FRIDAY, 5 MAR 2004
... supranational organisations (supras). From now on the range will also include bank bills and certificates of deposit (CDs) issued by banks licensed in Australia, and securities issued by foreign governments and government agencies that have an explicit ...

APRA gains more powers to act against dishonest execs

AAP  |  WEDNESDAY, 3 MAR 2004
... obliged to report regularly to APRA on company policy, it said. The new requirements were to apply to domestic and foreign banks, credit unions, general and life insurers and to superannuation funds.