Wotnews is an Australian news monitoring service. Register FREE to monitor TheSheet.com.
TheSheet.com2,299 articles
4 hours, 15 minutes ago
HBOS and SocGen making trouble for Oz Minerals and B&B
The Herald Sun identified the reputedly most recalcitrant banks in drawn-out negotiations between lenders and two troubled clients, Oz Minerals and Babcock & Brown.
TheSheet.com - 5:48 a.m. Tuesday 2nd December 2008
TheSheet.com - 5:48 a.m. Tuesday 2nd December 2008
Flat profit for Elders Rural Bank
Futuris yesterday said it forecast a net profit contribution from Elders Rural Bank of $21.1 million in the December 2008 half (up from $19.4 million in the December 2007 half) ...
TheSheet.com - 5:43 a.m. Tuesday 2nd December 2008
TheSheet.com - 5:43 a.m. Tuesday 2nd December 2008
Next to no dud loans at Citigroup
Just to round off this newsletter’s tour of the “pillar 3” disclosures of banks (and which still leaves some very small foreign banks out of the coverage):
TheSheet.com - 5:43 a.m. Tuesday 2nd December 2008
TheSheet.com - 5:43 a.m. Tuesday 2nd December 2008
AOFM still fine-tuning
The Australian Office of Financial Management has rejected calls from participants in the securitisation industry to use its government authority to invest in the RMBS market to buy stock in ...
TheSheet.com - 5:42 a.m. Tuesday 2nd December 2008
TheSheet.com - 5:42 a.m. Tuesday 2nd December 2008
Cannex now Canstar
Canstar Cannex will be the new name of the banking product research group previously known only as Cannex. The expiry next year of the licence to use the Canadian-based group’s ...
TheSheet.com - 5:42 a.m. Tuesday 2nd December 2008
TheSheet.com - 5:42 a.m. Tuesday 2nd December 2008
No APRA limits on executive pay
The Australian Prudential Regulation Authority may take into account the balance between short-term and long-term incentives in setting executive pay but won’t otherwise seek to restrict the level of pay ...
TheSheet.com - 5:41 a.m. Tuesday 2nd December 2008
TheSheet.com - 5:41 a.m. Tuesday 2nd December 2008
1 day, 3 hours ago
Fitch leads on Citigroup and Rio Tinto
ING sheds deposits in October
A loose association, even if only by national origins, with the near failure of the Belgian-Dutch banking group Fortis at the end of September, proved problematic for the deposit gathering ...
TheSheet.com - 5:51 a.m. Monday 1st December 2008
TheSheet.com - 5:51 a.m. Monday 1st December 2008
NAB in front on deposit growth
The Australian government announced the introduction of a guarantee over all retail deposits and select wholesale liabilities in mid October, one of the first of what has since turned into ...
TheSheet.com - 5:50 a.m. Monday 1st December 2008
TheSheet.com - 5:50 a.m. Monday 1st December 2008
Sober money markets contrast with equity rally
Fears of another calamitous market meltdown like that that followed the collapse of Lehman Bros in September led to the late Sunday afternoon (US time) rescue of Citigroup.
TheSheet.com - 5:50 a.m. Monday 1st December 2008
TheSheet.com - 5:50 a.m. Monday 1st December 2008
Money markets priced for steep cut in cash rate
The TED spread, the spread between US three-month, Libor and Treasury bill yields, finished the week at 218 basis points. At its widest in early October, it reached almost 450 ...
TheSheet.com - 5:50 a.m. Monday 1st December 2008
TheSheet.com - 5:50 a.m. Monday 1st December 2008
Domestic, guaranteed bond issuance likely to be best
Last week some of the largest banks in the US were finally able to avail themselves of viable guarantees from the Federal Deposit Insurance Commission and issue triple-A rated bonds ...
TheSheet.com - 5:49 a.m. Monday 1st December 2008
TheSheet.com - 5:49 a.m. Monday 1st December 2008
Telstra bypasses CP market
There was some moderate activity in the domestic credit market last week. GPT Group made the curious announcement that it would stand in the market to buy back its March ...
TheSheet.com - 5:49 a.m. Monday 1st December 2008
TheSheet.com - 5:49 a.m. Monday 1st December 2008
Bendigo loses AAA rating on TORRENS trust
Standard & Poor’s downgraded the Class A tranche of RMBS issued by TORRENS Series 2008-1 Trust to ‘AA’ from ‘AAA’ due to a recent change in criteria, which says that ...
TheSheet.com - 5:49 a.m. Monday 1st December 2008
TheSheet.com - 5:49 a.m. Monday 1st December 2008
South Canterbury Finance tests NZ guarantee
Across the ditch, Fletcher Building Finance Limited launched an issue of subordinated, unsecured capital notes. Fletcher is looking to raise NZ$100 million and will accept over subscriptions of a further ...
TheSheet.com - 5:48 a.m. Monday 1st December 2008
TheSheet.com - 5:48 a.m. Monday 1st December 2008
