News Archive

2009

2008

Bank Investments News

Hsbc Starts Super Assault In Australia

Friday June 27, 2008
GLOBAL bank HSBC has launched a wholesale wealth management business at its Sydney headquarters to channel funds into high-performing foreign economies.

Hsbc Looks Abroad To Cash In On Super Market

Friday June 27, 2008
THE global bank HSBC has launched a wholesale wealth management business at its Sydney headquarters to channel funds into high-performing foreign economies.

Poor Governance Performers On Rise

Thursday June 26, 2008
A NEW survey has recorded a rise in big listed companies performing poorly on corporate governance issues, with Premier Investments, Prime Television and a slew of mining stocks among those marked down.

Key Advisers Sweating Over B&b

Tuesday June 17, 2008
BABCOCK & BROWN'S financiers are bunkered down in Sydney, forced to discuss the investment bank's $2.8billion debt facility after the share price faltered.

Commonwealth Ready To Jump If Beijing Relaxes

Monday June 16, 2008
THE Commonwealth Bank will look to expand its investments in two leading regional Chinese banks if the Beijing Government relaxes the restrictions on shareholdings that prevent foreign institutions owning more than 20 per cent.

B&b Ends Week 53% Down

Saturday June 14, 2008
THE market was flooded with Babcock & Brown shares as Australia's second-biggest investment bank set a date to meet its bankers, amid concerns about its ongoing viability.

B&b In Freefall As Woes Mount

Thursday June 12, 2008
BABCOCK & Brown has lost more than $330 million this year from the value of its investments in the listed funds it manages, raising the prospect of significant write-downs that may threaten its profit forecast of $750 million.

Index Falls In Sympathy As Us Financials Take A Pounding On Losses

Wednesday June 4, 2008
THE fragility of investor sentiment is being demonstrated worldwide as the US subprime mortgage crisis continues to weaken bank stocks.