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

Search Results

Showing 71 - 80 of 136 results for "National Bank"

Market Wrap - Morning

AAP  |  THURSDAY, 18 JUN 2009
... Obama also unveiled wide financial regulatory reform plans that will see the Federal Reserve gain broad powers and a national bank supervisor created to avoid a repeat of the financial crisis. The Dow Jones Industrial Average fell 7.49 points, or 0.09 ...

Hartzer leaves ANZ

MICHAEL HOBBS  |  TUESDAY, 5 MAY 2009
... chief executive officer role within the firm in Melbourne. Prior to that position, he was managing director of ANZ National Bank in New Zealand. Mike Smith, ANZ chief executive, thanked Hartzer for his contribution to ANZ. "Brian transformed ANZ into ...

The Indians are coming

WITH THESHEET.COM.AU  |  WEDNESDAY, 15 APR 2009
... also interested in applying for a branch licence after opening a representative office in Sydney last month. Punjab National Bank is believed to have approached APRA this year about opening a representative office in Sydney. Satish Vermani, BoB's chief ...

The power of optimism

BENJAMIN ONG  |  MONDAY, 16 MAR 2009
... England (BoE) has formally implemented quantitative easing and is buying gilts directly. The reason why the Swiss National Bank (SNB) and the Reserve Bank of New Zealand (RBNZ) lowered interest rates again last week. Even Australia has had bad news which ...

The global recession we have to have

BENJAMIN ONG  |  THURSDAY, 9 OCT 2008
... 3.75 percent, the Bank of England cut its base rate to 4.5 per cent, the Bank of Canada to 2.5 per cent, the Swiss National Bank to 2.5 per cent and Sweden's Riksbank to 4.25 per cent. With its benchmark rate at a low 0.5 per cent, the Bank of Japan ...

Soup for Christmas

BENJAMIN ONG  |  TUESDAY, 30 SEP 2008
... $30 billion by the Reserve Bank of Australia, $30 billion by the Sveriges Riksbank, and $60 billion by the Swiss National Bank. As a result of these actions, the total size of outstanding swap lines is $620 billion. All of the temporary reciprocal swap ...

Investment titans now governed by Fed

COMPANY RELEASES  |  MONDAY, 22 SEP 2008
... more funding avenues, if needed. As part of the process, Morgan Stanley will convert its Utah industrial bank to a national bank and will become subject to supervision of the Federal Reserve. The group will also be regulated by the Federal Deposit Insurance ...

Dec 2007 redux

BENJAMIN ONG  |  FRIDAY, 19 SEP 2008
... markets. The US Federal Reserve, the European Central Bank, the Bank of England, the Bank of Canada and the Swiss National Bank agreed to jointly inject more than US$100 billion into the financial system through repos, swaps arrangements and/or direct ...

HBOS surrenders to Lloyds TSB

WWW.THESHEET.COM  |  THURSDAY, 18 SEP 2008
... business in Australia in the late 1990s (a business run by the current HBOS Australia chief David Willis) and sold National Bank of New Zealand to ANZ in 2003. Meanwhile, the Herald Sun reports that HBOS contributed $1.6 billion in capital to its Australian ...

Look out below

BENJAMIN ONG  |  TUESDAY, 16 SEP 2008
... billion available, and extra liquidity injections from the European Central Bank, the Bank of England and the Swiss National Bank, failed to stem the financial market panic. Consensus has shifted to a more than 80 per cent probability -- from 2 per cent ...