Archive for January, 2012

ANALYSIS – Advantage ANZ, NAB among Australia banks as costs soar

Tuesday, January 31st, 2012

SYDNEY, Jan 31 (Reuters) Stubbornly weak Australian mortgage growth and soaring funding costs are tipping the scales in favour of businesslending focused ANZ and National Australia Bank among the 'Big Four' banks, as the economy slows and jobs are cut.---read the article

Financial Focus: Trends and tips may help smooth the 2012 investment landscape

Sunday, January 29th, 2012

As an investor, you know that 2011 was a somewhat "choppy" year, with the financial markets going through many ups and downs. So what can you expect in 2012?---read the article

Obama administration bolsters homeowner lifeline

Saturday, January 28th, 2012

WASHINGTON (Reuters) - The Obama administration, in an election-year bid to help distressed homeowners, on Friday expanded its main foreclosure prevention program, and pushed for Fannie Mae and Freddie Mac to forgive mortgage debt. The administration said it would extend the life of the Home Affordable Mortgage Program by a ...

EU Seeks Bondholder Concessions as Greece Seen ‘Off Track’

Tuesday, January 24th, 2012

European finance ministers balked at putting up more public money for Greece, calling on bondholders to provide greater debt relief in order to point the way out of the two-year-old debt crisis.---read the article

Bond guru tips Greek default following downgrades

Monday, January 16th, 2012

Chief of world's biggest bond fund at Pacific Investment Management says Greece is heading for default.---read the article

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