Australia Set to Supplant Spain as 12th Largest Economy
Opportunities Down Under seem to be proliferating at a rate that will help the “lucky country” beat out troubled Spain this quarter as the world’s twelfth largest economy, as reckoned by GDP.
ANZ Bank to Cut 1,000 Jobs, Freeze Exec Pay
The announced job cuts will be domestic and will be made by Sept. 30. They will primarily affect middle management, back office and support staff.
Fitch Ratings Downgrades 5 European Countries
Fitch Ratings went on a roll on Friday, downgrading Belgium, Cyprus, Italy, Slovenia and Spain with the threat of additional cuts in the next one to two years.
New Hire Roundup: SEC Welcomes Norberg; Fleming Joins FINRA Board
This week in new hires, Jane A. Norberg joined the SEC as deputy chief of the Whistleblower Office; Gregory J. Fleming was elected to FINRA's board of directors; Mike Anderson went to Securities America; and Dan Dorfman joined Trim Tabs Money Blog as a columnist.
Part 3: Bank on It
Consider the Australia and New Zealand Banking Group (trading on the NYSE as ANZ). This Melbourne, Australia-based company offers a full range of financial services...