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Australia and New Zealand Banking Group

Australia and New Zealand Banking Group News Editors

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Australia and New Zealand Banking Group News

News on Australia and New Zealand Banking Group continually updated from thousands of sources around the net.

5 hrs ago | Manawatu Evening Standard

Deportee continues life of crime

A man who attempted to rape a woman in Christchurch in a terrifying six-hour ordeal had been deported from Australia a year earlier for multiple offences.

Comment?

Related Topix: Prison, Financial Services, Oceania, New Zealand, World News, 9

Thu Nov 26, 2009

AdelaideNow...

CBA not discussing Dubai World exposure

Commonwealth Bank says it will not discuss the exposures to the debt-laden Dubai World.

Comment?

Related Topix: Financial Services, National Australia Bank

Wed Nov 25, 2009

The Age

Tower full-year profit falls 32% on investments

Tower Australia full-year profit declined by 32 per cent as the life insurer's investments were hit by volatile markets and a higher amortisations charge.

Comment?

Related Topix: Financial Services

TownHall.com

JC Flowers in pursuit of UK bank assets

U.S. private equity investor JC Flowers is circling Britain's weakened banking industry, prepared to swoop on forced divestments over the next 12 months, according to the firm's new European and Asia Pacific boss.

Comment?

Related Topix: Financial Services, Westpac Banking Corporation, Banking

The Age

Banks fail new capital test

RATINGS agency Standard & Poor's has warned that nearly all the world's big banks - including Australia's major lenders - have insufficient funds to cover their lending exposures and risk a ratings downgrade unless they move to bolster their balance sheets over the next 18 months.

Comment?

Related Topix: Financial Services

Tue Nov 24, 2009

The Age

'Evil' scammer get four years in jail

An "evil" US con man who portrayed himself as a "Hanoi Hilton" prisoner of war survivor to scam victims in Australia, New Zealand and the US out of almost $US4 million has been jailed.

Comment?

Related Topix: Prison, Financial Services, Federal Prisons, New Zealand, World News

Earth Times

Steve Sargent Named President and CEO of GE Capital Asia Pacific

GE Capital, the financial services segment of the General Electric Company , today announced the appointment of Steve Sargent as president and CEO of GE Capital's business operations in Asia Pacific.

Comment?

Related Topix: General Electric, Financial Services, Aerospace-Defense, World News, Japan,

Australian Broadcasting Corporation

Sri Lanka seizes Australia-bound boats

Sri Lanka's navy says it has intercepted two fishing trawlers carrying 60 asylum seekers heading for Australia.

Comment?

Related Topix: Financial Services, Sri Lanka, World News, Asia, Travel, Sri Lanka Travel,

Mon Nov 23, 2009

Asia Times

Time for a breather

MARKET RAP Time for a breather By R M Cutler MONTREAL - Asian stock exchanges began this week with a promising advance on Monday but Friday saw the MSCI Asia Pacific Index down for the fourth straight day, the longest losing streak in over four months.

Comment?

Related Topix: 9, Financial Markets, Financial Services, World News, India,

Sun Nov 22, 2009

PR-inside.com

Zultys Appoints Alloy as Australian Distributor Alloy to Distribute...

MELBOURNE, AUSTRALIA and SUNNYVALE, CA -- -- 11/22/09 -- Zultys, Inc., the leading provider of elegantly simple Unified Communications : and VoIP Business Phone Systems : since 2001, today announced a distribution partnership with Alloy Computer Products of Melbourne, Australia.

Comment?

Related Topix: Australia, World News, Financial Services, Sunnyvale, CA, VoIP, Science / Technology, Computers, Cellphones

Sat Nov 21, 2009

The Sydney Morning Herald

Will Boom bust Harbrew's hopes?

Talk about a sticky situation for a company undertaking a capital raising. Crane rental company Boom Logistics entered a trading halt to conduct a $67 million equity raising on Tuesday only to receive a hostile takeover approach from its largest shareholder, Harbrew Group hours later.

Comment?

Related Topix: Australia, Oceania, World News, Financial Services

Fri Nov 20, 2009

The Age

ANZ coy about JPMorgan price

ANZ has offloaded its custodian services business to US bank JPMorgan, in a bid to lay the ghost of its securities lending problems.

Comment?

Related Topix: Financial Services

ComputerWorld

Nortel staff learning fate

Over the last two weeks Nortel staff have been learning whether they have a future with the company as the process of integrating the vendor into its new owner Avaya proceeds.

Comment?

Related Topix: Financial Services

Scoop

ANZ to flick off Custodian Services to JP Morgan

" Australia New Zealand Banking Group, the parent bank of ANZ and National Banks, intends to sell its custodian services businesses in Australasia to investment bank JP Morgan.

Comment?

Related Topix: Financial Services

Thu Nov 19, 2009

The Age

Japan whaling fleet leaves for Antarctic

Japanese whaling ships left port on Thursday for Antarctic waters for their annual hunt of the ocean giants, Greenpeace said, setting the stage for high-seas confrontations with anti-whaling activists.

Comment?

Related Topix: Financial Services

The New York Times

S&P Joins Moody's to Scale Back Australia Ratings

In a move that highlights the difficulty of regulating ratings agencies, Standard & Poor's has joined Moody's in withdrawing its application to supply ratings of corporate bonds and other debt-based securities to retail investors in Australia, after new rules were announced this month by the Australian Securities and Investments Commission.

Comment?

Related Topix: Australia, Oceania, World News, Financial Services, Financial Markets

Tvnz.co.nz

NZ, Aust police unite to take a stand against drunken violence

Police chiefs from around New Zealand and Australia have come together to launch a united stand against drunken violence.

Comment?

Related Topix: Financial Services

Wed Nov 18, 2009

The Sydney Morning Herald

Australian and New Zealand police unite over anti-drunken violence

Police chiefs from around Australia and New Zealand will come together to launch a united stand against drunken violence today.

Comment?

Related Topix: Financial Services

Reuters

France's AXA, AMP poised to sweeten bid for AXA Asia

French insurer AXA SA and Australia's AMP Ltd need to sweeten their bid for AXA Asia Pacific Holdings by about 10 percent to seal the proposed $11 billion deal, analysts and fund managers say.

Comment?

Related Topix: Financial Services, Insurance

Tue Nov 17, 2009

TMCnet

Brightpoint Signs Distribution Agreement With BlueAnt Wireless

Brightpoint, Inc. announced today that its subsidiary, Brightpoint Australia Pty Ltd , has entered into a distribution agreement with BlueAnt Wireless.

Comment?

Related Topix: Telecom, Brightpoint, Financial Services, Headphones, Wireless, Emerging Technology, Bluetooth, Australia, World News,

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