Bank Investments News
Bell Tolls For Brisconnections
Thursday November 27, 2008
BRISCONNECTIONS has played down speculation that its underwriters, Macquarie Capital Advisers and Deutsche Bank, could eventually seek to delist or buyout the hapless toll-road group, amid signs that the company's plans to raise a further $817 million from its security holders have gone off the rails.Swan Declines To Sing Of Deficit
Friday November 21, 2008
TREASURER Wayne Swan says he has no plans to borrow in order to invest, despite an assurance from the Reserve Bank it would be fine to do so.Feeling Crook - And Better Off For It
Tuesday November 18, 2008
Matt O'Sullivan wouldn't miss a bank briefing for anything.Nab Boss Takes A Trim - To $8.5m
Tuesday November 18, 2008
JOHN STEWART finished his last full year as National Australia Bank's chief executive by taking a small pay cut to his overall remuneration package after the group's 10 per cent fall in cash profits to $3.9 billion.Macquarie's Nemesis Returns With Vengeance
Friday November 14, 2008
UBS analyst gives investment bank another kicking.
MACQUARIE Group's favourite analyst is back.
UBS Investment Research's Jonathan Mott, who helped trigger a massive sell-off in Macquarie shares in September, has issued another glum note on the embattled investment group.Infrastructure Chief To Head Anz
Thursday November 13, 2008
SIR Rod Eddington - the busy business leader driving Prime Minister Kevin Rudd's multibillion-dollar infrastructure agenda behind the scenes - is set to become even busier when he becomes chairman of the ANZ bank.Rudd's Infrastructure Chief Is New Anz Chairman
Thursday November 13, 2008
SIR Rod Eddington - the busy business leader driving Prime Minister Kevin Rudd's multibillion-dollar infrastructure agenda behind the scenes - is set to become even busier when he becomes chairman of the ANZ bank.Customers Bite Back
Wednesday November 12, 2008
A new service is making it easier for account holders to walk out on their bank.Cba Throws Petrol On The Fire Of Economic Meltdown
Friday November 7, 2008
TO SAY that the world banking system is in crisis is an understatement; at times it feels more like it is in its death throes. Given this situation, it would be sheer lunacy for Australia's largest bank to reinforce the fact for some customers that term deposits were worthless. This was exactly the message that the CBA sent to its margin-lending customers.Little Left For Allco Investors
Friday November 7, 2008
SHAREHOLDERS in the failed Allco Finance Group stand to recover little, if anything, of their investments in the company even after its remaining assets are sold to pay back its multitude of creditors.Go With A Risk You Can Handle
Sunday November 2, 2008
Aggressive investments flourish in a market upturn but don't gamble what you can't afford, writes George Cochrane.When It Comes To The Crunch, Well-managed Funds Will Survive
Saturday November 1, 2008
The Government's bank deposit guarantee has created a run on mortgage funds as investors switch to the guaranteed banks' accounts. That has prompted mortgage fund managers to freeze withdrawals. While that is a problems for retiree investors who need the money for expenses that cannot be deferred, their capital is safe.