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Showing 81 - 90 of 185 results for "US Bank"

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 ...

US Congress passes Wall Street reforms

MICHELLE BALTAZAR  |  FRIDAY, 16 JUL 2010
US Treasury Secretary Tim Geithner said the Dodd-Frank reforms approved by the US Congress this week will ensure that banks, not taxpayers, will pay for future bank failures, and protect consumers from Wall Street greed. Yesterday the 'Wall Street Reform ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 26 MAY 2010
... losses stemming from concerns over Europe's deepening debt crisis, tensions on the Korean Peninsula and the prospect of a US bank overhaul. The blue-chip Dow Jones Industrial Average recouped losses of over 250 points to finish just above the symbolic ...

Market Wrap - Morning

AAP  |  TUESDAY, 20 APR 2010
The Australian stock market likely to open stronger following a mostly positive lead from Wall Street overnight. At 0736 AEST on the Sydney Futures Exchange, the June share price index contract was 33 points higher at 4,947 points. In economics news ...

US financials a big play: Bennelong SGI

MICHELLE BALTAZAR  |  THURSDAY, 15 APR 2010
The global financial sector may be a shadow of its former self after the GFC but it is still a $9.1 trillion (US$8.5 trillion) market full of stocks ripe for the plucking, said fund manager Bennelong SGI Global Equities. Visiting Australia this month ...