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Showing 71 - 80 of 139 results for www.thesheet.com

Absolute differences among hedge funds

WWW.THESHEET.COM  |  FRIDAY, 20 JUL 2007
The hedge fund industry was working hard yesterday to distance itself from Basis Capital, which notified investors late on Wednesday that it was in default on margins loans and faced a forced sale of assets that may result in a return of less than 50 ...

Basis Capital suspends yield fund

WWW.THESHEET.COM  |  TUESDAY, 17 JUL 2007
Local hedge fund manager Basis Capital yesterday suspended redemptions from its $1 billion Basis Yield Fund. The fund manager wrote to investors saying that disruption to the global structured credit market had created difficulties for the fund and ...

Grange plays down Lehman connection for now

WWW.THESHEET.COM  |  FRIDAY, 6 JUL 2007
Grange Securities, now part of the Lehman Bros fixed income group, may be playing down their links with the global giant, but their aggressive recruitment strategy betrays an intention to step up their market footprint. Grange Securities managing director ...

CommBank stays with EDS

WWW.THESHEET.COM  |  THURSDAY, 5 JUL 2007
The Commonwealth Bank has had difficulties with its information technology service provider EDS at times during their 10 year relationship, but all that was put to one side when the bank and the technology services company renewed their vows for another ...

Bank planners promote gearing strategies

WWW.THESHEET.COM  |  MONDAY, 2 JUL 2007
One issue hotly debated in the financial planning community in the months leading up to the 30 June superannuation contribution deadline was whether to recommend that clients use debt to help them reach the $1 million contribution limit. While independent ...

RBNZ to become single NZ financial regulator

WWW.THESHEET.COM  |  THURSDAY, 21 JUN 2007
New rules being introduced in New Zealand mean finance companies and other organisations that take deposits from the public and other institutions, such as insurers and collective investment schemes, will have to be licensed by the Reserve Bank of New ...

Westpac goes to water

WWW.THESHEET.COM  |  WEDNESDAY, 20 JUN 2007
Westpac is pursuing an aggressive expansion program in its Specialised Capital Group, focusing on infrastructure, property, private equity and high-yield debt. Specialised Capital Group head Sean McElduff told an analysts' briefing yesterday that Westpac ...

No bank is ready for AML

WWW.THESHEET.COM  |  FRIDAY, 15 JUN 2007
The gaming sector is well ahead of financial institutions in adapting to the new anti money laundering and counter-terrorism financing laws according to a survey conducted by Pricewaterhouse Coopers in March. The survey also revealed that 90 percent ...

Westpac structured equities team moves over to CommSec

WWW.THESHEET.COM  |  WEDNESDAY, 6 JUN 2007
Westpac's structured equity investments team, led by Suzanne Salter and Mogsheen Jadwat, after quitting the bank on Friday, are moving to CommSec so they can help muscle up CommSec's structured products department. Salter and Jadwat, who started working ...

Bank branches finally start to sell wealth product

WWW.THESHEET.COM  |  TUESDAY, 29 MAY 2007
After years of trying, bank branches are finally starting to successfully sell wealth management products and improve their cross-sell rates. Westpac reported that the number of bank-originated home loan customers taking out home and contents insurance ...