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Showing 61 - 70 of 96 results for "US banks"

Beware the Budgets

BENJAMIN ONG  |  MONDAY, 11 MAY 2009
... America's biggest banks became a sort of anti-climax for the equity markets. Where to from here? The verdict? Ten of the 19 US banks need to raise a total of only US$75 billion in extra capital and they have until 8 June to present their money raising ...

Market Wrap - Morning

AAP  |  FRIDAY, 8 MAY 2009
... fuel an economic recovery. The disappointing bond auction shifted the focus away from the "stress tests" on 19 large US banks, which officials said should boost confidence in the troubled financial system. The Dow Jones Industrial Average fell 102.43 ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 6 MAY 2009
... to 3862.2. NEW YORK - Wall Street stocks dipped on Tuesday in hesitant trade amid worries about capital shortfalls for US banks that underwent stress tests and cautious comments on the economy by Fed chairman Ben Bernanke. The Dow Jones Industrial Average ...

Market Wrap - Midday

AAP  |  THURSDAY, 16 APR 2009
... The Australian share market held its gains in morning trade as financial stocks were buoyed by renewed confidence that US banks will post stronger first quarter earnings over the next week. At 1200 AEST, the benchmark S&P/ASX200 was 47.7 points higher ...

Bank guarantee must stay in place

WWW.THESHEET.COM  |  THURSDAY, 16 APR 2009
... not raise enough locally to meet their funding needs. They have to go offshore and when they do they are competing with US banks that are supported by guarantees and UK banks that are supported by guarantees. "While that situation goes on there should ...

Market Wrap - Midday

AAP  |  FRIDAY, 3 APR 2009
... accounting standards by the US Financial Accounting Standards Board (FASB) had buoyed the market. The changes meant that US banks are able to use internal valuation models to value off-balance sheet toxic assets instead of mark-to-market valuation methods. ...

Market Wrap - Morning

AAP  |  TUESDAY, 31 MAR 2009
... heavily after US Treasury Secretary Tim Geithner failed to rule out in a weekend interview the possibility that some US banks may need more government funds to get them lending again. The Dow Jones Industrial Average settled down 254.16 points, or 3.27 ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 25 MAR 2009
... prices closed 3.44 per cent higher, as markets across Asia surged on news of Washington's plan to remove toxic assets from US banks' balance sheets. The benchmark Hang Seng Index was up 462.92 points at 13,910.34 -- its highest level in more than ten ...

Market Wrap - Morning

AAP  |  TUESDAY, 24 MAR 2009
... overwhelmingly positive for the market although it showed a decline in home prices in February. Shares of the largest US banks, which have been pounded in recent weeks over concerns about their ability to weather the crisis, soared on Monday. Citigroup ...

Sovereign funds lose out after bank bail-out

MICHELLE BALTAZAR  |  TUESDAY, 24 FEB 2009
... US government, in concert with the Federal Reserve and other related agencies, announced that it would put the major US banks, such as Citi and Bank of America, through an evaluation test that would assess whether they needed additional capital buffer. ...