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Showing 41 - 50 of 136 results for "National Bank"

Market Wrap AM

AAP | WEDNESDAY, 21 JAN 2015

... of a $US300 million ($A324.59 million) loan was enough to cover unbacked client losses sustained after the Swiss National Bank's unexpected decision Thursday to abandon the cap on the franc-euro rate. But since then details of Leucadia's deal suggested ...

That other surprise

BENJAMIN ONG | TUESDAY, 20 JAN 2015

There's no question about it... the Swiss National Bank's (SNB) surprise move was the biggest story in the financial markets last week. So huge that it eclipsed everything else. It eclipsed the plunging oil price and the dropping copper price -- the ...

So sure it's certain

BENJAMIN ONG | MONDAY, 19 JAN 2015

... certainty comes only once, no matter how many lifetimes you live". In fact, so certain of an ECB QE was the Swiss National Bank (SNB) that it bet its house when it removed the CHF1.20 per euro ceiling last week. The resulting sharp appreciation of the ...

Market Wrap AM

AAP | MONDAY, 19 JAN 2015

... 0.79 per cent to 6,550.27 points. Meanwhile Switerzerland's SMI tumbled 5.96 per cent, still reeling from the Swiss National Bank (SNB) abruptly ending Thursday its policy to hold down the value of the franc, which saw the currency soar. The SNB came ...

SNB dismantles defense

BENJAMIN ONG | FRIDAY, 16 JAN 2015

... "Francogeddon", "currency tsunami", "shocker", "jaw-dropping". These are some of the words used to describe the Swiss National Bank's (SNB) decision to surrender and abandon the currency peg - erected back in September 2011 - against the euro last night. ...

Volatile like its 2011

BENJAMIN ONG | THURSDAY, 16 OCT 2014

... central banks - US Federal Reserve, European Central Bank, Bank of Japan, Bank of England, Bank of Canada, Swiss National Bank - announced a coordinated action to provide additional liquidity to the financial system. After five years of ZIRP, NIRP and ...

Budget 2013-14 wrap up

ALEX DUNNIN | WEDNESDAY, 15 MAY 2013

The headlines for the sector are that the superannuation changes announced on 5 April 2013 have been confirmed, the Medicare levy will increase by 0.5% from next year to offset the cost of National Disability Insurance Scheme (NDIS), some future tax ...

Follow the money

BENJAMIN ONG | FRIDAY, 26 APR 2013

... trillion yen ($35.2 billion) by 2014. The Bank of Israel bought stocks for the first time last year while the Swiss National Bank and the Czech National Bank have boosted their holdings to at least 10 percent of reserves." "The Bank of Korea began buying ...

Big deal day

BENJAMIN ONG | WEDNESDAY, 13 FEB 2013

... give us greater clarity on who, what and where the war is being waged. No, not me! For aside from the Swiss the National Bank (SNB), which had been frank in capping the Swiss franc's appreciation since late 2011... SNB Press Release, Zurich, 6 September ...

Coming in 2014: Aussie recession

BENJAMIN ONG | THURSDAY, 29 NOV 2012

... Norwegian bonds have fallen by 7 basis points. Swiss ones dropped by 30 bps. Which one's the safe haven? 7 Swiss National Bank (SNB) wins and catapults the euro-Swiss franc currency comparison to 1.50 Euro-Swiss franc exchange rate has not gone beyond ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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