News Archive

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Bank News

After a slump and a global restructure, Citigroup looks for a rebound

1 April 2011

A SLUGGISH year for investment banking curbed profit growth for the Australian operations of the US giant Citigroup, although local executives are tipping a rebound this year, particular as its parent is no longer in the recovery ward... read full story

Beware the financial crisis of 2015

1 April 2011

A squeeze on banks may be sowing the seeds of a new disaster... read full story

Former Macquarie trader given 18 month jail sentence

1 April 2011

THE Chinese walls that Macquarie Bank put in place - its risk management procedures, restrictions on personal trading, and staff training protocols to counter the insider trader bogyman of the investment world - were easily evaded by an associate director at the bank, Oswyn de Silva... read full story

Get tough on match fixers: AFL

1 April 2011

THE AFL has backed calls for up to a 10-year jail term for match fixers and revealed it looks at players' banking and phone records to check for unexplained wealth... read full story

Inside trader gets time inside

1 April 2011

THE Chinese walls that Macquarie Bank put in place — all its risk management procedures, its restrictions on personal trading, and staff training protocols to counter the insider trader bogyman of the investment world — were easily evaded by an associate director at the bank, Oswyn de Silva... read full story

Retail banking keeps Citibank above water in Australia

1 April 2011

A SLUGGISH year for investment banking curbed profit growth for the Australian-based operations of US banking giant Citigroup, although local executives are tipping a rebound this year... read full story

Taming risks may plant seeds for crisis

1 April 2011

Through a combination of tough regulation, a relatively conservative banking system and a dose of good luck, Australia avoided a direct hit from the financial crisis... read full story

Analysts see further gains as Aussie climbs

31 March 2011

THE dollar has scaled a new post-float high against the US dollar and raced to 10-month highs against a broadly weaker yen as sharemarkets in the Asia-Pacific region made solid gains... read full story

Glamorous means to good ends at Bernie's

31 March 2011

MYER boss Bernie Brookes is banking that wall-to-wall catwalk models, celebrities, politicians and tapis rouge at the official reopening of his Melbourne flagship tonight will speed a return to at least $300 million a year of sales from less than half the floorspace... read full story

Myer revamp banks on honeypot effect

31 March 2011

Pejic's wedged heels enhanced his possessed vampire stare... read full story

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