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Showing 71 - 80 of 96 results for "US banks"

Market Wrap - Morning

AAP  |  TUESDAY, 24 FEB 2009
... Nikkei stock index slid to a near four-month low on Monday as the failure of a Tokyo money-lender and the poor health of US banks depressed sentiment. The benchmark Nikkei-225 index fell 40.22 points, or 0.54 per cent, to 7,376.16, the lowest closing ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
... orderly restructuring.' Almost at the same time, US Senate Banking Committee Chairman Christopher Dodd remarked that some US banks might have to be nationalised for a 'short time.' He was referring to Citigroup and Bank of America. Why he had to qualify ...

Market Wrap - Midday

AAP  |  FRIDAY, 20 FEB 2009
... economic stimulus package was deterring investors, he said. "So markets over there are very, very shaky, European and US banks are shaky, and we're shaky, as well," he said. Among the major banks, National Australia Bank sagged 52 cents to $17.88 as ...

Market Wrap - Midday

AAP  |  THURSDAY, 22 JAN 2009
... are always a bit sceptical whether they can hold the gains." Mr Leppinus said the banks have recovered somewhat after US banks gained overnight. "But the local banks are still down from what they were a few days ago," he said. Commodity prices were firmer ...

Janus banks on maths for success

RUTH LIEW  |  WEDNESDAY, 21 JAN 2009
Melbourne-based Janus Capital Asia is staying true to its quantitative analysis investment strategies to win mandates this year. John Landau, head of Australian operations at Janus Capital, there's been "a lot of strong interest" across Janus and Enhanced ...

Market Wrap - Midday

AAP  |  FRIDAY, 16 JAN 2009
... OceanWay project citing changed energy market conditions. "The banks are hanging in there," Mr Kerslake said. While the US banks are facing a tough market, JPMorgan reported a small profit overnight showing the sector is not dead and buried, he added. ...

Knife falls

BENJAMIN ONG  |  WEDNESDAY, 10 DEC 2008
... and an 8.4 per cent retreat in the non-manufacturing sector. The comptroller of the currency reported that data from 14 US banks showed that 58 per cent of re-worked mortgages are back in foreclosure. When the amount you owe is greater than the value ...

Bail-out Plan B

BENJAMIN ONG  |  THURSDAY, 13 NOV 2008
... run out. Or it could be that the toxic assets - mainly mortgage-backed securities and credit default swaps -- held in US banks are now too 'hot' even for the US Treasury. And with the changing of the guards in the White House, there is pressure on the ...

I'll have what she's having

BENJAMIN ONG  |  MONDAY, 27 OCT 2008
... disbursement of an initial US$125 billion (of the US$700 billion rescue package) to buy equity stakes in nine of the largest US banks and another US$125 billion for smaller banks. These insurance companies claim that the banks' rescue has put them at ...

Japan bank buys $11bn of Morgan Stanley

MICHAEL HOBBS  |  TUESDAY, 30 SEP 2008
... news, Citigroup has reportedly agreed to buy Wachovia's banking operations for $1 per share, creating one of the largest US banks by total deposits.