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Showing 7241 - 7250 of 8595 results for "SIM"

Emergency Economic Stabilization Act of 2008

BENJAMIN ONG  |  MONDAY, 29 SEP 2008
Volatility ruled financial market activity last week as investors ignored economic data and focused on developments surrounding the US Treasury/Federal Reserve negotiations with Congress over their proposed bail-out package. Equity and bond markets ...

Four funds crossed off "On Hold" list

RUTH LIEW  |  FRIDAY, 26 SEP 2008
Four funds have been struck off Standard & Poor's "On Hold" list after reassuring the ratings house they are fully capable of executing their mandates despite ASIC's shorting ban. S&P removed its "On Hold" ratings for the Advance Global Alpha Fund ...

Allianz provides BankWest insurance

MICHAEL HOBBS  |  WEDNESDAY, 24 SEP 2008
BankWest and Allianz Finance signed a referral relationship whereby the West Australian banking group refers all new debtor finance customers to Allianz Finance. The deal means besides new debtor customers, existing debtor finance clients will been ...

Managers hit back on shorting ban

RUTH LIEW  |  WEDNESDAY, 24 SEP 2008
Perpetual, Platinum and K2 have responded to ASIC's recent ban on short selling - arguing that the move will hurt the futures market and cast undeserved doubts on the legitimacy of shorting as a valid investment strategy. Perpetual Investment general ...

The good and the bad

BENJAMIN ONG  |  WEDNESDAY, 24 SEP 2008
The US Congress is still deliberating the administration's latest rescue package - the details and the cost. The Financial Standard Intelligence Unit (FSIU) acknowledges that despite the delay, the US Congress will ultimately pass the government's bailout ...

More than 50 funds 'on hold' after shorting ban

RUTH LIEW  |  TUESDAY, 23 SEP 2008
An S&P fund analyst said the ratings house's decision to put 57 funds on hold is "the best course of action" following the recent ban on short selling. Simon Scott, fund analyst at Standard & Poor's, said the ratings house was in the midst of a long/short ...

Nomura absorbs Lehman Bros Australia

MICHELLE BALTAZAR  |  TUESDAY, 23 SEP 2008
Around 3,000 Lehman Brothers employees, including those in Australia, will soon work for Nomura Holdings, after the Japanese investment firm inked a deal to buy Lehman Brother's entire franchise in Asia-Pacific. The deal is still subject to certain ...

Borrow from Peter to pay Paul

BENJAMIN ONG  |  TUESDAY, 23 SEP 2008
Financial markets' attention remains centred on what the US government's 'mother of all bailouts' will eventually turn out to be and more important, how much it will cost. Just as the Financial Standard Intelligence Unit (FSIU) predicted, equity markets ...

Investment titans now governed by Fed

COMPANY RELEASES  |  MONDAY, 22 SEP 2008
Two of the world's investment banking giants Goldman Sachs and Morgan Stanley have morphed into bank holding companies - a historic move to avert a disastrous turn similar to Lehman Brothers and Bear Stearns. Goldman Sachs announced in a statement yesterday ...

Mercer appoints consulting director

MICHAEL HOBBS  |  MONDAY, 22 SEP 2008
Mercer has promoted Nick White as director of consulting, Asia Pacific. White worked as a senior consultant across asset liability modelling projects in the UK before moving to Australia in 2004 where he took a role as head of manager research at Aon ...