Savings offered as banks target pastures new

Article Abstract:

Transactional banking is of serious interest to the banks as substantial money can be saved in business by ensuring that the fees and charges that are being paid to the bank or government are the lowest. The options available for enterprises, whether big or small, to save substantial money spent on bank payments and government charges are discussed.

Services information, Services

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Banks take soft option

Article Abstract:

The international investigations at the National Australia Bank reveals dollar 180 million in pre-tax losses, which occurred due to, unauthorized foreign currency options portfolio. Derivatives can help banks to weather financial crisis by transferring risks but lead to unpredictable and dangerous concentrations of risk elsewhere.

Legal issues & crime, Company legal issue, Investigations, National Australia Bank Ltd., Financial crises

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Future gazing

Article Abstract:

The Australian Stock Exchange(ASX) launched a milling wheat futures contract. Futures contracts are traded in over 100 future exchanges across the globe.

Contracts & orders received, Security brokers and dealers, Contracts & orders let, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Evaluation, Contracts, Futures market, Futures markets, Securities industry, Contract agreement, Australian Stock Exchange Ltd.

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