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Showing 5691 - 5700 of 5949 results for "Banks"

ANZ on track for market expectations of earnings growth

AAP  |  THURSDAY, 26 FEB 2004
... ahead of a March 11 analysts briefing on its New Zealand operations, signified a change from a general reluctance among many banks to give firm earnings guidance. It also showed a more upbeat outlook from CEO John McFarlane, who in October foreshadowed ...

Access ruling opens credit cards up to non-bank companies

AAP  |  TUESDAY, 24 FEB 2004
... response from Visa. The RBA said it had imposed an Access Regime on credit card schemes, completing its plan to allow non-banks organisations to apply to the finance regulator, the Australian Prudential Regulation Authority, for eligibility to issue ...

Margin lending for direct share investment rises: St George

AAP  |  MONDAY, 23 FEB 2004
... billion in the September quarter to $12.502 billion in the December quarter. Figures complied by the RBA and made available to banks, showed the proportion of margin lending that was directly invested in shares rose a half per cent in the December quarter ...

APRA raised concerns with NAB before rogue trading scandal

AAP  |  THURSDAY, 19 FEB 2004
... Dr Laker said APRA was aware NAB had almost twice the foreign currency exposure on a daily basis as the other three major banks combined, and losses had come to APRA's attention before. Dr Laker said APRA was very close to finalising a standard for managing ...

New NAB boss has own suspicions about rogue trading scandal

... be more helpful if we had that (banking) expertise on the board." Addressing NAB's UK operations, Mr Stewart said while banks, which include the Yorkshire and Clydesdale banks, had a combined 3.5 million customers, they were running inefficiently. "Right ...

RBA rate hikes not over despite steady call: economists

AAP  |  WEDNESDAY, 4 FEB 2004
... November and December that raised the overnight cash rate by a total of 50 basis points. Economists at Australia's four biggest banks - Westpac, National Australia Bank, Commonwealth Bank and ANZ - were among the minority forecasting a rate rise toda ...

Building approvals slide for second month in a row

AAP  |  TUESDAY, 3 FEB 2004
... raising interest rates at its first meeting for the year. Most economists are tipping rates to stay on hold, but the big four banks expect another 0.25 percentage point rate rise to be announced tomorrow. Today's figures show most of the fall was due ...

US Federal Reserve holds key short-term rate at 1%

AAP  |  THURSDAY, 29 JAN 2004
... chairman Alan Greenspan and his colleagues left the federal funds rate unchanged at 1%. The funds rate, the interest that banks charge each other on overnight loans, is the Fed's primary tool for influencing the economy. The Fed lowered the funds rate ...

Market Wrap

AAP  |  WEDNESDAY, 28 JAN 2004
... Yesterday, the Australian stock market slumped into the red despite a positive leap at the start. Weakness amongst the major banks, key resources and gold stocks, and AMP helped drag back the market. In overnight trading on the Sydney Futures Exchange ...

Market Wrap

AAP  |  TUESDAY, 27 JAN 2004
... but key European and Asian markets lost ground. On Friday, the Australian share market closed higher as energy stocks and banks offset a negative lead from overseas. The benchmark S&P/ASX 200 index closed 8.1 points ahead at 3334.7 while the all ordinaries ...