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| | | ... and reduced revenues. Its share price is down almost 98% year on year and dropped 75% in the past five days. Last week, The Wall Street Journal reported people familiar with the matter confirmed final bids were made to rescue the bank and a decision ... |
| | | | Apple and Goldman Sachs have launched their long-awaited high-yield savings account in the US which offers 4.15% interest rates. The account, which boasts a rate that's 10 times the US national average, is the latest move in a string of tech giants ... |
| | | | Following the merger with BT Super, Mercer Super has a new chief investment officer and a personal super and member experience lead. Corrin Collocott has been named chief investment officer, Mercer Super and Multi-Sector. He will also play a deputy ... |
| | | | The newly revamped trading platform now has a custody capability that holds Australian equities on behalf of retail investors. Openmarkets has partnered with Syfe, an Asia-Pacific investment platform that has offices in Singapore, Hong Kong and Australia. ... |
| | | | ... considered to be quite dovish by investors, so that was supportive of European shares," he said. "Then the US opened." Over on Wall Street, First Republic Bank received a $30 billion backing from Bank of America, Citigroup, JPMorgan Chase, Wells Fargo ... |
| | | | The ASX fell 1.4% this morning following chaos at Credit Suisse that spurred on Wall Street downturns, but this isn't the only reason we're seeing a slump. Commonwealth Bank subsidiary CommSec explained the Aussie market opened down 97pts or ... |
| | | | ... healthcare stocks and wants to branch out to digital economy and natural resources companies. In HGV's annual report, chair Peter Wall said: "Whilst the board is pleased that HGV materially exceeded its benchmark, we appreciate that shareholders expected ... |
| | | | Amber Infrastructure Group (Amber) has agreed to acquire five New Zealand infrastructure assets from Morrison & Co for approximately NZ$200 million. The five assets from Morrison & Co's Public Infrastructure Partners portfolio (PIP) will be 100% owned ... |
| | | | The receivers and liquidators charged with recovering what they can for Melissa Caddick's spurned investors have confirmed her Dover Heights property has sold. The house went on the market in September, listed by Sydney Sotheby's International Realty. ... |
| | | | ASIC has commenced civil penalty proceedings in the Federal Court against BPS Financial (BPS). The regulator alleged BPS made false, misleading, or deceptive representations and engaged in unlicensed conduct in relation to a non-cash payment facility ... |
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