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| | | ... distribution channels for their products. BT, which is owned by Westpac, is a product manufacturer as is the Commonwealth Bank (CBA), which owns Colonial First State, a major competitor that will provide new insurance offerings to Count. Chris Freeman ... |
| | | | The Commonwealth Bank has announced a $373 million takeover bid for financial planning group Count Financial, which went into a surprise trading halt this morning before the news. Count Financial share volumes surged yesterday on the Australian Securities ... |
| | | | ... per cent, respectively, according to Iress data. Australia's big retail banks were higher. ANZ was up 35 cents at $20.56, CBA had risen 45 cents to $48.41, NAB was 38 cents firmer at $23.82 and Westpac had advanced 23 cents to $20.65. Investment bank ... |
| | | | ... session." In local trade, banks and financials opened lower, with Westpac hardest hit, down 48 cents, or 2.38 per cent, at $19.66. CBA opened down 75 cents, or 1.56 per cent, to $47.48, ANZ was down 42 cents, or 2.12 per cent, at $19.38, National Australia ... |
| | | | ... contributors in the mining and financial sector leading the way. Bell Potter senior adviser Stuart Smith said the investors welcomed CBA's full year profit result, which he said beat expectations and lifted the mood on the market. "That was a good report ... |
| | | | ... the year. CommInsure had a 5% dip in income to $635 million, while overall operating performance was up 2% after deductions. CBA said that quarterly net flows for FirstChoice were $940 million for the June quarter, up from $440 million in the three months ... |
| | | | ... 2011 quarter, while the appreciating Australian dollar caused a slight drop in its funds under administration and management. CBA's insurance inforce premiums, which constitute its wealth management arm, were over $1.6 billion by June 30, up 3% from ... |
| | | | ... or 2.72 per cent, at $25.27. Commonwealth Bank was up 78 cents, or 1.57 per cent, at $50.52, following the appointment of CBA senior executive Ian Narev as its new chief executive, to replace Ralph Norris. ANZ added 41 cents, or 1.93 per cent, to $21.67 ... |
| | | | Commonwealth Bank (CBA) chief executive, Ralph Norris, has announced his intention to retire in November this year with group executive of business and private banking, Ian Narev, named his successor. Narev has been with CBA since May 2007, during which ... |
| | | | ... $44.16, while Rio Tinto gained 49 cents to $83.32. The big retail banks were also firmer - ANZ rose seven cents to $22.02, CBA was 31 cents higher at $52.23, NAB advanced five cents to $25.53 and Westpac climbed 13 cents to $22.16. RBS Morgans private ... |
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