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Banks lose appetite on property
ANZ's head of Australia, Mark Whelan, says the lender long ago dialled down its appetite to finance property developers in areas with strong supply to avoid the inevitable pain down the track when the market has cooled.
US debt ceiling crisis - business news and markets: as it happened - October ...
All became clear when the Daily Telegraph reported that Mr Morgan had been ousted from the board of the company his grandfather founded more than 100 years ago.
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Brent crude falls 1% after Chinese GDP
"While all parties involved in such discussions want higher prices, none have been willing to cut production," said Adam Longson, analyst at Morgan Stanley. ... ICE gas oil changed hands at $US455.25 a metric ton, down $US1 from the previous settlement.
Mirvac spruiked as takeover target
Mirvac Group's capital markets executive Jonathan Hannam is leaving the listed property trust following sweeping job cuts across the business that extended into the upper reaches of management.
AMP freezes investor loan approvals
Morgan Stanley analyst Daniel Toohey said the moves would benefit AMP's margin, but due to the small size of its loan book, any impact would be minimal.
NH's budget shame: The nearly empty Alcohol Fund
Fifteen years ago, legislators created what was to be the state's most powerful tool to fight the growing scourge of addiction.
Sydney house prices peaking: Mirvac
Ms Lloyd-Hurwitz confirmed Mirvac is in exclusive due diligence with Morgan Stanley Real Estate Investing to acquire the Investa Office Management platform, as it seeks to grow its funds management business.
How the Morgans became an American banking dynasty
The Morgan banking empire was split into two parts thanks to the Glass-Steagall Act, JP Morgan and Company (commercial banking) and Morgan Stanley (investment banking). Though Morgan banks were taken over by outside partners and managers, many ...
APN Outdoor shares lift 8% on debut
APN Outdoor shares rose more than 8 per cent after the company's ASX debut today, with investors signalling a strong appetite for companies with robust earnings, amid a flurry of IPOs in the market.
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Morgan Stanley reveals new wealth boss
Mr Goffinet reportedly told staff of his decision to return to the United States yesterday for family reasons, with the chief executive role to be assumed by Morgan Stanley's local head of institutional equities, Ian Chambers. “My family has struggled ...
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