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

Search Results

Showing 81 - 90 of 136 results for "National Bank"

Credit Suisse nabs AMF stake

RUTH LIEW  |  THURSDAY, 28 AUG 2008
Credit Suisse Group has acquired an 80 per cent stake of National Bank of Canada-owned Asset Management Finance Corp. Credit Suisse confirmed in a statement that it paid $446 million for over 80 per cent of AMF. The Canadian company provides capital ...

Market Wrap - Midday

AAP  |  FRIDAY, 25 JUL 2008
... Wall Street overnight," Intersuisse director Howard Elton said. "Added to that we've got the negative news from National Bank this morning. "The bank is probably following a prudent approach and making those provisions so the investment community knows ...

Central banks try again to lift liquidity

WWW.THESHEET.COM  |  WEDNESDAY, 12 MAR 2008
... US Fed will increase the currency swap arrangements it put in place with the European Central Bank and the Swiss National Bank by US$10 billion (to US$30 billion) and US$2 billion (to US$6 billion) respectively. The terms of the swap agreements now last ...

Chasing the deposit dollar

WWW.THESHEET.COM  |  MONDAY, 3 MAR 2008
The increase and availability of wholesale funding dilemma is causing major headaches for banks, but investors long cash are reaping the benefits with some term rates passing eight per cent, more than a full percentage point higher than the official ...

Operation auction squad

ALEX DUNNIN  |  THURSDAY, 13 DEC 2007
... Reserve Bank. The Bank of Canada, the Bank of England, the European Central Bank, the US Federal Reserve and the Swiss National Bank have just announced a new plan to create an auction system where term credit loans and bonds can be put up to deposit ...

The price of pain

SUZY MAC  |  MONDAY, 13 AUG 2007
... banking system and Singapore's Monetary Authority added S$1.5 billion (1.16 billion). Traders estimated that Swiss National Bank contributed 2-3 billion Swiss francs (1.97-2.96) and our own Reserve Bank injected 4.95 billion into the banking system. ...

Kiwibank fined over lack of disclosure

ALEX DUNNIN  |  THURSDAY, 17 MAY 2007
... Zealand bank to plead guilty to the same offence. The New Zealand Commerce Commission has successfully prosecuted ANZ, National Bank, the Bank of New Zealand and Westpac. The total payout in compensation, fines and costs is more than A$25 million. In ...

NZ mortgage brokers face 25 per cent income cut

WWW.THESHEET.COM  |  WEDNESDAY, 18 APR 2007
ANZ/National Bank is proposing to cut the upfront commissions it pays mortgage brokers in New Zealand to 45 basis points from 1 June. ANZ/National currently pays a range of upfront commissions depending on factors such as volume but the average is 0.6 ...

Franklin Templeton ushers 2006 with new chief

Franklin Templeton Investments Australia managing director John Gall will hand over the reins to Maria Wilton from BT Financial when he retires early next year. Wilton will succeed Gall who became managing director of Franklin Templeton Investments ...

David Clarke to chair Bluestone

... more than 25 years of experience in financial services both domestically and overseas. He began his career with the National Bank of New Zealand in 1979, and then took a role as chief executive of Lloyds Merchant Bank in London. In 1993 he started a ...