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Showing 10191 - 10200 of 17967 results for "Bank"

Market wrap Early AM

AAP  |  FRIDAY, 2 NOV 2012
The Australian sharemarket is set to rise after figures from the United States showed signs of economic recovery. US manufacturing expanded for the second straight month in October, boosted by higher demand, while consumer confidence surged to a five-year ...

Tas public sector fund awards TD mandate

BEN COLLINS  |  THURSDAY, 1 NOV 2012
Tasmania's public sector superannuation fund has awarded a term deposit mandate to fixed income specialist FIIG Securities. FIIG was approached by the Tasmanian Retirement Benefits Fund (RBF) for its network of more than 60 authorised deposit taking ...

Triple bypass needed to resurrect NAB's UK business

MARK SMITH  |  THURSDAY, 1 NOV 2012
... executive of stock market solutions provider Lincoln Indicators. The underperformance of NAB's UK business was behind the bank's 22% fall in net profit for the full-year to 30 September. With its wealth creation arm performing well and its domestic profits ...

Wilson board to reject Mariner offer

BEN COLLINS  |  THURSDAY, 1 NOV 2012
... value that is half of Wilson Investment Group's net tangible assets per share," said the letter. Major shareholder Deutsche Bank Australia has also indicated that it will not sell its 19.5% stake said Coppin in the letter. Mariner Corporation's bid could ...

Market Wrap

AAP  |  THURSDAY, 1 NOV 2012
... six cents $4.02. Banks were also down, with NAB dropping 25 cents to $25.54, Westpac down 18 cents at $25.33, Commonwealth Bank off seven cents at $57.68 and ANZ four cents weaker at $25.42. Mr Audencial said the market was likely to be influenced by ...

Market wrap early AM

AAP  |  THURSDAY, 1 NOV 2012
... the Australian Bureau of Statistics (ABS) is due to release the trade price indexes for the September quarter, the Reserve Bank of Australia's (RBA) index of commodity prices for October is due out as is the Australian Industry Group/Pricewaterhouse's ...

NAB profits slump but wealth division prospers

MARK SMITH  |  WEDNESDAY, 31 OCT 2012
National Australia Bank has reported a 22% plunge in annual profit, but saw growth in its wealth creation business. Net profit at the fourth largest Australian bank fell to $4.1 billion in the year to 30 September, down $1.1 billion on the same period ...

Strong growth from Australian fund managers

BEN COLLINS  |  WEDNESDAY, 31 OCT 2012
... subdued among institutional investors," he said. The largest 20 global asset management firms - a list that is dominated by bank-owned asset managers - were the biggest losers in 2011 with their share of assets falling significantly, Towers Watson said. ...

UBS to cut up to 10 000 jobs

BEN COLLINS  |  WEDNESDAY, 31 OCT 2012
Swiss bank UBS AG could cut as many as 10 000 jobs after announcing a $AUD 2.25 billion net profit loss on Tuesday. As part of a cost-cutting following the result, Switzerland's biggest bank said that it "is likely to have a headcount of around 54 000" ...

Market Wrap

AAP  |  WEDNESDAY, 31 OCT 2012
... exports. JBH - JB HI-FI LTD - up 26 cents, or 2.5 per cent, at $10.39 JB HiFi annual general meeting NAB - NATIONAL AUSTRALIA BANK - down five cents, or 0.19 per cent, at $25.83 National Australia Bank (NAB) shares have fallen after it posted a 22 per ...