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Showing 10171 - 10180 of 17967 results for "Bank"

ETP flows eclipse 2011 totals

BEN COLLINS  |  WEDNESDAY, 7 NOV 2012
Year-to-date exchange traded product (ETP) flows have surpassed the total amount recorded in 2011, according to BlackRock Investment Institute's October ETP Landscape report. Flows of $192.3 billion have already been recorded this year. Last year's ...

New Australian CEO for HSBC

BEN COLLINS  |  WEDNESDAY, 7 NOV 2012
Tony Cripps, current chief executive officer of HSBC in the Philippines, will replace Paulo Maia as the bank's chief executive officer in Australia. Cripps will take the reins from 24 December this year, with Maia departing for the role of president ...

Super's growth a challenge for ASIC: Medcraft

BEN COLLINS  |  WEDNESDAY, 7 NOV 2012
Superannuation's growth over the next decade is one of the biggest challenges facing Australia's corporate regulator, said ASIC chairman Greg Medcraft. As the size of the superannuation sector expands to $3 trillion over the next decade, the extra products ...

Big four prepare market for annus horribilis 2013

MARK SMITH  |  WEDNESDAY, 7 NOV 2012
Australia's big four banks have posted combined cash earnings of more than $25 billion, but bank chiefs, analysts and investors alike have focused on concerns about the sustainability of returns in a tough environment. Westpac rounded off the reporting ...

RBA says its ok

BENJAMIN ONG  |  WEDNESDAY, 7 NOV 2012
... positive, the Board judged that the stance of monetary policy was appropriate for the time being." This was how the Reserve Bank of Australia (RBA) explained its decision to leave the official interest unchanged at 3.25% -- the first time in six years ...

Market wrap early AM

AAP  |  WEDNESDAY, 7 NOV 2012
... for October. In equities news, News Corporation is expected to announce first quarter earnings results, the Commonwealth Bank is due to release its September quarter trading update statement, and creditors meeting is slated for Retail Adventures. Meanwhile ...

Two ANZ appointments for merged Asia/Pac business

STAFF JOURNALIST  |  TUESDAY, 6 NOV 2012
... previously CEO Papua New Guinea and the Pacific North West region. Prior to this, he was an adviser with ANZ's partnership bank AmBank in Malaysia and spent over 30 years with Standard Chartered Bank in senior executive roles covering the Middle East ...

Market Wrap - PM

AAP  |  TUESDAY, 6 NOV 2012
... stocks have opened flat in quiet trade as market players await a Melbourne Cup day interest rate decision from the central bank. At 1027 AEDT on Tuesday, the benchmark S&P/ASX200 index was down 2.7 points, or 0.06 per cent, at 4,471.4 points, while the ...

Westpac calm in face of storm

MARK SMITH  |  TUESDAY, 6 NOV 2012
... batten-down-the-hatches approach balance sheet management means it's better suited than its rivals to weather future financial storms. The bank is just emerging from a period of consolidation. Jobs have been cut and efficiencies made but the balance ...

NSW councils entitled to compo: Fed court

BEN COLLINS  |  TUESDAY, 6 NOV 2012
... judge ruled yesterday that 13 NSW councils were entitled to compensation from ratings agency Standard & Poor's, investment bank ABN Amro and Local Government Financial Services (LGFS). The councils lost $16 million, or 93% of their capital investment ...