Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 71 - 80 of 125 results for "Commercial Bank"

China's rebalancing act

BENJAMIN ONG  |  TUESDAY, 25 JUN 2013
Uh-oh, looks like it's still "not safe... very dangerous, be careful". Just when the Fed's started to deploy some official to unwind the fear that Bernanke's "tapering soon" rhetoric created, along comes China. New York Fed president Bill Dudley remarked ...

ME Bank wins A3 rating on super fund backing

JAMES FERNYHOUGH  |  TUESDAY, 18 JUN 2013
ME Bank, which was started by industry super funds, has been assigned an A3 rating by Moody's. The rating is a result of ME Bank's focus on providing low-risk residential mortgages to its members. "While it is a small bank in the Australian context ...

Two new La Trobe directors

BEN COLLINS  |  WEDNESDAY, 30 JAN 2013
Two new directors will join the credit specialist fund manager La Trobe Financial's Board. La Trobe this week said that John Carrello and John Marriott would join the board after the company had received continuous fund inflows last year, and that it ...

FIIG Securities appoints new CEO

MARK SMITH  |  TUESDAY, 11 DEC 2012
Fixed income specialist FIIG Securities has appointed Mark Paton as chief executive officer, it was announced today. The veteran financial services executive will also join the board of directors. "We were impressed with the breadth of Mark's experience ...

Spanish austerity and Chinese take-away

BENJAMIN ONG  |  FRIDAY, 28 SEP 2012
Ole, ole, ole! Spain's request for bailout is in the mail. This is the message that prompted a turnaround in equity markets in America and Europe overnight following the Spanish government's announcement of its 2013 budget that aims to cut the deficit ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 2 MAY 2012
The Australian dollar has risen slightly after weakness following the Reserve Bank of Australia's official interest rate cut. The Australian market looks set to open higher, following the lead of Wall Street which rose on the back of better-than-expected ...

Market Wrap - Morning

AAP  |  MONDAY, 27 FEB 2012
The Australian market looks set to open lower as concerns over Europe's sovereign debt crisis continues and topped the agenda of the G20 meeting in Mexico at the weekend. Australian treasurer Wayne Swan cancelled his planned attendance at the G20 finance ...

Market Wrap - Morning

AAP  |  TUESDAY, 21 FEB 2012
The Australian market looks set to open slightly higher, on hopes Greece will finally secure a massive bailout allowing the debt-crippled country to avoid defaulting on its debts. At 0800 AEDT on Tuesday, the March share price index futures contract ...

Market Wrap - Morning

AAP  |  MONDAY, 20 FEB 2012
The Australian dollar is higher after the Chinese central bank announced it will take action to stimulate its economy. At 0700 AEDT on Monday, the Australian dollar was trading at 107.82 US cents, up from 107.77 cents on Friday. Since 1700 AEDT on Friday ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 14 DEC 2011
... 128.49 points, at 18,447.17. Banks led the falls, with Bank of China down 1.06 per cent to HK $2.80, Industrial and Commercial Bank of China down 0.85 per cent at $4.67 and China Construction Bank down 0.54 per cent to $5.50.markets... WELLINGTON - New ...