Bank News
Beware the financial crisis of 2015
Friday April 1, 2011
A squeeze on banks may be sowing the seeds of a new disaster.After a slump and a global restructure, Citigroup looks for a rebound
Friday April 1, 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.Former Macquarie trader given 18 month jail sentence
Friday April 1, 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.Get tough on match fixers: AFL
Friday April 1, 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.Retail banking keeps Citibank above water in Australia
Friday April 1, 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.Inside trader gets time inside
Friday April 1, 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.Taming risks may plant seeds for crisis
Friday April 1, 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.
