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Sector: Investment

CBA puts $2 billion on the table for business clients

(9 March 2004 – Australia) Commonwealth Bank’s Institutional and Business Services (IBS) division has made available $2 billion of new...

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BOQ raises $90 million

(2 March 2004 – Australia) Bank of Queensland has raised some $90 million in additional capital to support the bank’s...

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BNP Paribas to provide custodial services for Mariner Financial

(24 February 2004 – Australia) BNP Paribas Securities Services has inked a deal with listed financial services company Mariner Financial...

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Arab Bank shores up Australian operation with funding program

(3 February 2004 – Australia) Arab Bank Australia has signed a $A200 million combined Electronic Certificate of Deposit (ECD), Transferable...

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Google engages banks for IPO

(13th January 2004 – USA) Internet search engine Google has engaged Goldman Sachs and Morgan Stanley to arrange its initial...

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Foreign investors desert South Korea

(13th January 2004 – South Korea) South Korea’s aspirations of becoming a major regional business centre have received a severe...

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Australia ranked fourth biggest mutual fund market

(Australia) Australia is the world’s fourth largest mutual fund market with the industry estimated to be worth about A$662 billion...

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Returning traders contribute to CommSec’s record month

(Australia) Commonwealth Bank’s online broking facility recorded more than 400,000 trades in September, breaking its previous record of 368,456 trades...

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ANZ steps up with $1 billion issue

(Australia) ANZ’s Stapled Exchangeable Preferred Securities (ANZ StEPS) offer closed fully subscribed and the bank has issued $1 billion of...

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NAB issues Tier One security

(Australia) National Australia Bank has announced it will issue STG400 million (A$972.8 million) in Tier One Trust preferred securities.The security...

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