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Australia Banking News. Service for global professionals. Constantly updated news and information about Australia.
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  • Hands questions bankers over pay in annual Christmas letter 29 Dec 2009 14:31 GMT
    ... Hands questions bankers over pay in annual Christmas letter , ... lower per year between 2000 and 2008, banks would have generated around £75bn (€83.2bn) of ... resources competition." Terra Firma struck its first Australian deal earlier in the year, having bought ...

  • Adelaide banking on Argentine 29 Dec 2009 13:53 GMT
    ... is looking for a release when the transfer window opens on January 1. The Australian learned yesterday that Owusu's agent, Richie Hinton, was in talks with a Chinese first ...

  • Lonely bomber's religious angst posted online 29 Dec 2009 13:52 GMT
    ... That message pushed his father, a prominent banker from Nigeria, to contact security officials and the ... for "about seven months" before leaving the Australian university. From August until early December, Abdulmutallab ...

  • Dollar falls versus euro and high-yield currencies 29 Dec 2009 13:51 GMT
    ... euro and higher-yielding currencies such as the Australian dollar on Tuesday on improved risk appetite ... central bank's policymakers withdraw money from the banking system when they decide to tighten monetary policy. ...

  • Terror suspect broke contact with family 29 Dec 2009 13:51 GMT
    ... That message pushed his father, a prominent banker from Nigeria's Muslim-dominated north, to contact state security ... for "about seven months" before leaving the Australian public university. From August until early December, ...

  • Focus on managing inflation, growth: RBI 29 Dec 2009 13:41 GMT
    ... first Group of 20 nations to follow Australia and raise rates. The RBI’s next scheduled ... ratio, or the proportion of deposits that banks must set aside as cash, by the end ...

  • Asian Markets Trim Early Gains On Profit Taking 29 Dec 2009 13:11 GMT
    ... Nippon Airways remained unchanged from previous close. Banking stocks ended in negative territory on concerns ... concerns about capital raising plans of major banks to meet the capital adequacy norms. Sumitomo ... 0.40% and Nippon Yusen shed 0.69%. In Australia, the benchmark S&P/ASX Index advanced 54.20 points, ...

  • Asian stocks were trading flat to higher on Tuesday, with Australian shares rising 1%. 29 Dec 2009 13:10 GMT
    ... trading flat to higher on Tuesday, with Australian shares rising 1%. City of Industry, CA ... a four-session gaining streak, with losses in banks and telecommunications issues including KB Financial Group and ...

  • ArcelorMittal issues $750mn convertible bonds 29 Dec 2009 12:53 GMT
    ... Turkey's Eregli Demir & Celik Fabrikalari and Australia's Macarthur Coal Ltd, both of which are ... with a Luxembourg affiliate of Caylon, an investment-banking subsidiary of Credit Agricole. "The bonds will ... other financial instruments in consultation with investment banker. "ArcelorMittal has no intention to sell its ...

  • Economic Outlook: Corralling inflation 29 Dec 2009 12:52 GMT
    ... of the excessive cash in the nation's banks by opening interest-paying accounts to ward off ... gives the Fed a little more control," banking consultant Bert Ely told the Times. By ... Sensex in India rose 0.24 percent. In Australia, the S&P/ASX 200 rose 1.13 percent. In ...

  • BUYINS.NET: (AM) SqueezeTrigger Price is $23.200. There is $116,329,527.00 That Short Sellers Still Need To Cover 29 Dec 2009 12:34 GMT
    ... United States, Canada, the United Kingdom, Mexico, Australia, New Zealand and South Africa. The Company ... licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a ...

  • Nigerian Broke from Family Before Bomb Attempt 29 Dec 2009 12:31 GMT
    ... That message pushed his father, a prominent banker from Nigeria's Muslim-dominated north, to contact state security ... for "about seven months" before leaving the Australian public university. From August until early December, ...

  • NZ Banks Settle Tax Dispute Over Structured Finance Transactions 29 Dec 2009 12:31 GMT
    ... NZ Banks Settle Tax Dispute Over Structured Finance Transactions, ... ago | Tuesday, December 29, 2009 The Australia and New Zealand Banking Group (ANZ), Westpac Banking Corporation (Westpac), the ...

  • Euro, Aussie gain vs dollar as stocks rise 29 Dec 2009 12:20 GMT
    ... and higher yielding currencies such as the Australian dollar rose against the U.S. dollar on ... central bank's policymakers withdraw money from the banking system when they decide to tighten monetary policy. ...

  • RBI says focus on managing ... 29 Dec 2009 12:10 GMT
    ... month expected the Reserve Bank to raise banks' cash reserve ratio or the proportion of deposits ... first Group of 20 nations to follow Australia and raise rates. "Overall, all statements are ...


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