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Showing 10021 - 10030 of 17967 results for "Bank"

Market Wrap AM

AAP  |  TUESDAY, 22 JAN 2013
... mixed, with Tokyo's Nikkei hit by a stronger yen and profit-taking, while dealers await the outcome of a policy meeting at the Bank of Japan. Tokyo's Nikkei, which hit a 33-month high on Friday, fell 1.52 per cent, shedding 165.56 points to 10,747.74. ...

Market Wrap PM

AAP  |  MONDAY, 21 JAN 2013
... potential for a correction." Australian banking stocks were mixed on the US debt ceiling developments, with the Commonwealth Bank shedding 47 cents to hit $61.99 at 1037 AEDT. Westpac lost seven cents to touch $26.52. But ANZ gained 2.5 cents to $25.61 ...

FATCA outcome remains unclear

MARK SMITH  |  MONDAY, 21 JAN 2013
The full impact of the Foreign Account Tax Compliance Act (FATCA) regulations from the US Treasury and IRS on Australian financial institutions is still uncertain, says Ernst & Young's Paul Siviour. Ernst & Young's Oceania Banking and Capital Markets ...

APRA's SMSF loan warning berated

MARK SMITH  |  MONDAY, 21 JAN 2013
... said that SMSF loans were not inherently more risky than ordinary housing loans. "Conservative valuations ensure that the bank is only lending a percentage of the lower end of the value range thereby ensuring greater protection for the bank when the ...

ANZ opens new branch in China

MARK SMITH  |  MONDAY, 21 JAN 2013
ANZ has continued its expansion into Asia by opening a new branch in Hangzhou, it was announced today. Hangzhou, the capital city of the Zhejang province in Eastern China is an important contributor to economic growth and development of the Yangtze ...

MLC dealer group the best: CoreData

BEN COLLINS  |  MONDAY, 21 JAN 2013
A financial planning dealer group in National Australia Bank's network has won an award for being the best in Australia for the third time in five years. After completing a shadow-shopping exercise, research group CoreData said that MLC-aligned Apogee ...

Repressed rally

BENJAMIN ONG  |  MONDAY, 21 JAN 2013
We're almost there, close to finishing the first month of 2013...and it's been so far, so good. Wall Street has climbed to its highest level in seven years and most recent macro indicators, as well as US company profit reports, have been positive and ...

Global fund managers bullish on equities: HSBC

BEN COLLINS  |  FRIDAY, 18 JAN 2013
... year, only 40% of global managers that HSBC surveyed were overweight equities, and half of them had a neutral outlook, the bank said. Over six in 10 fund managers (vs 30% in 4Q12) are underweight on cash as an asset class, while over a third (vs 20% ...

Beggar me not my neighbour

BENJAMIN ONG  |  FRIDAY, 18 JAN 2013
... historically did -- that of shielding the local economy from international woes. It's war... currency war, that is. The Reserve Bank of Australia has (so far) refused to be dragged into the fight.. America's greenback has turned pale due to the unlimited ...

Market Wrap AM

AAP  |  FRIDAY, 18 JAN 2013
... highest close since it finished the local trading day at 4,780.2 points on May 11, 2011. NEW YORK - US stocks opened higher but bank shares were lower following Bank of America's quarterly earnings report, which came in close to expectations. Five minutes ...