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

Search Results

Showing 81 - 90 of 189 results for "US Bank"

Market Wrap - Morning

AAP  |  THURSDAY, 22 SEP 2011
The Australian market looks set to open lower after Wall Street fell almost 2.5 per cent overnight. At 0654 AEST on Thursday, the December share price index futures contract was down 95 points at 3,990. In economics news, the Reserve Bank of Australia ...

Market Wrap - Morning

AAP  |  TUESDAY, 19 JUL 2011
... a default by Greece, which could have destabilising effects on larger European economies. Bank of America, the largest US bank in terms of deposits, saw its shares fall 2.8 per cent on the New York Stock Exchange on Monday, while Citigroup dropped 1.7 ...

Market Wrap - Midday

AAP  |  TUESDAY, 12 JUL 2011
The Australian share market plunged further into the red in morning trade following concerns over the European and US debt crisis. At 1200 AEST on Tuesday, the benchmark S&P/ASX200 index was down 66.8 points, or 1.46 per cent, at 4,515.5, while the ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 25 MAY 2011
The Australian market is expected to open higher on Tuesday after Wall Street closed flat overnight while European and Asian markets generally were higher. Oil and metals rose. On the ASX 24 at 0717 AEST, the June share price index futures contract ...

Market Wrap - Midday

AAP  |  MONDAY, 18 OCT 2010
The Australian share market was lower at noon, dragged down by major banks on concerns about foreclosures for US financial companies. At 1200 AEDT, the benchmark S&P/ASX200 index was down 20.5 points, or 0.44 per cent, at 4,668.5 while the broader All ...

Introducing foreclosure-gate, the latest risk to a US recovery

JOHN MCDULING  |  MONDAY, 11 OCT 2010
Recent court rulings have cast doubt on millions of mortgage foreclosures across the US, potentially reducing the value of investments held by Australian institutions in related assets. Court rulings across the country have found that millions of securitized ...

Market Wrap - Midday

AAP  |  THURSDAY, 30 SEP 2010
The Australian share market at noon on Thursday was lower after a negative lead from United States markets and no standout economic or company drivers. At 1200 AEST, the benchmark S&P/ASX200 index had dropped 48.7 points, or 1.05 per cent, to 4596.3 ...

US reforms pave way for super investments

RUTH LIEW  |  TUESDAY, 3 AUG 2010
The Dodd-Frank reforms have opened up new private capital investment opportunities for Australian super funds, said David Hartley, chief investment officer of the $15 billion-plus Sunsuper. Hartley said the bill, which includes the Volcker Rule that ...

Seven US banks close in a week

RUTH LIEW  |  MONDAY, 26 JUL 2010
SouthwestUSA Bank in Las Vegas, Sterling Bank in Florida and Home Valley Bank in Oregon were among seven banks that were closed last week alone in the US - suggesting the troubles in the US banking system are far from over. According to the Federal ...

Market Wrap - Midday

AAP  |  MONDAY, 19 JUL 2010
The Australian share market at noon on Monday was lower, following a plunge on United States markets on Friday. Major Australian banking stocks were among the hardest hit, while mining and energy stocks also retreated. At 1200 AEST, the benchmark S&P/ASX200 ...