Friday, August 27, 2010 - 10:00
Westpac prices 5-yr JPY65 billion fixed/floating Samurai
Westpac has priced a 5-year JPY65 billion Samurai issue, with the floating rate tranche fetching 3-month Yen Libor + 65 basis points and the...
Sunday, August 29, 2010 - 08:50
Westpac chief economist Bill Evans says investors have overdone the Australian bond market rally, which he says has created a 50 percent probability of an RBA rate CUT by the end of the year.
Sunday, August 29, 2010 - 08:40
BHP Billiton reported an annual net profit of A$14 billion, its second highest on record, up 16 percent from the previous year, as Chinese growth spurred on renewed commodity demand. CEO Marius...
Thursday, August 26, 2010 - 11:56
Going to London to find work at a bank is no longer mission impossible. The UK economy may still be struggling, but financial services job vacancies are picking up, at least for now.
Compared with...
Sunday, August 22, 2010 - 21:20
The prospect of a hung parliament, the first in 70 years, will unsettle financial markets with increased volatility seen in equities, the Australian dollar and bonds when markets open this morning.
Sunday, August 22, 2010 - 20:58
BHP Billiton, the world’s largest mining company, made a hostile A$44 billion bid for Canadian fertilizer firm Potash Corporation, laying the foundations for what may become the biggest...
Thursday, August 19, 2010 - 18:35
Can banks evolve with their customers? By Pascal Gautheron, managing director of Accenture’s banking practice in Asia Pacific.
Thursday, August 19, 2010 - 18:23
The QR National IPO is one of the market’s big hopes of 2010. As James Brooks reports, the float is still on track for Q4.
Thursday, August 19, 2010 - 17:30
Like most other markets, Q2 2010 was a quiet one for syndicated loans. In this context, VHA’s $3 billion syndicated loan was the exception to the prevailing rule and breathed some much needed...
Thursday, August 19, 2010 - 17:25
THE QUARTER’S other notable deal was Bank of New Zealand’s NZ$425 million issue of covered bonds, the first instalment in a program of up to NZ$3 billion. Westpac New Zealand is planning...
Wednesday, August 18, 2010 - 21:10
After a robust start, debt markets virtually ground to a halt in Q2 2010. Eric Meijer looks at the year to date – a half of contrasting quarters.
THE EARLY part of 2010 was looking like the...
Wednesday, August 18, 2010 - 21:06
The Bank of New Zealand’s NZ$3 billion covered bonds program has once again caused local banks and investors to ponder why this instrument can’t be used in Australia.
Wednesday, August 18, 2010 - 20:56
The Rudd Government’s Resources Super Profit Tax is now the Gillard Government’s Minerals Resource Rent Tax. So how will that impact on investment and valuations in the resources industry...
Wednesday, August 18, 2010 - 20:47
WHILE AUSTRALIA looks towards Islamic finance as a way of boosting its stature as a regional financial hub, Britain’s attempts to turn itself into a Shariah centre have been labelled a “...
Wednesday, August 18, 2010 - 20:43
The Financial Services Institute of Australia has continued its push for professional education with the launch of the Financial Services Professional credential (FSP). Finsia CEO Dr Martin Fahy, who...
Wednesday, August 18, 2010 - 20:42
THE FINANCE industry, particularly in Queensland, is mourning former Suncorp executive Chris Skilton, who passed away recently at the age of 56.
Wednesday, August 18, 2010 - 20:39
US funds manager Vanguard has a new Australian chief executive. He speaks with Insto editor Lachlan Colquhoun.
Wednesday, August 18, 2010 - 19:03
IN Q2, 2010, a theatrical classic has been touring Australia to sell-out audiences in which the absurdity of human existence has been laid bare. Samuel Beckett’s Waiting for Godot, written in...
Wednesday, August 18, 2010 - 19:00
After a GFC-induced slump, many Australian financial services professionals are once again looking for jobs overseas. London remains the destination of choice, but with Asia leading the employment...
Tuesday, August 17, 2010 - 19:10
Retail bonds are a staple investment for Kiwis but issues in Australia ground to a halt this year. Has ASIC cleared the decks for change? Or should the government lead the way?
