Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 10701 - 10710 of 17967 results for "Bank"

Bad news? What bad news?

BENJAMIN ONG  |  WEDNESDAY, 30 MAY 2012
Shiver me timbers! If you ever doubted that the markets see what they want to see and hear what they want to hear, the equity markets' performance over the past 24 hours will make a believer out of ya'll. Forget Europe, China's coming to the rescue. ...

Lazard faces losses on Hastie collapse

MELANIE TIMBRELL  |  TUESDAY, 29 MAY 2012
Private equity firm Lazard is among the Hastie Group creditors facing potential losses, after the engineering firm yesterday entered voluntary administration and operations were suspended. Lazard invested in the firm last year as part of a $160 million ...

NAB winds up private equity arm

MELANIE TIMBRELL  |  TUESDAY, 29 MAY 2012
National Australia Bank is closing its Integrated Capital Solutions private equity investment division. "NAB is discontinuing making further investments via Integrated Capital Solutions and is letting the existing portfolio of Investments run their ...

Wilson HTM appoints new head of private wealth

MELANIE TIMBRELL  |  TUESDAY, 29 MAY 2012
... Coppin, who was promoted to the position of managing director in February this year. Wilson HTM, which is backed by Deutsche Bank, currently has approximately 15,000 active private clients representing around $2bn in assets under management. "We'd like ...

Show me the stats

BENJAMIN ONG  |  TUESDAY, 29 MAY 2012
... can sleep easy, never mind that Spanish yields are climbing again because the penniless government is trying to support a bank - Bankia - that needs more pennies and a region - Catalonia - that's seeking some. Oh, and did somebody mention bank runs? ...

Market Wrap - Morning

AAP  |  TUESDAY, 29 MAY 2012
... AEST on Monday, the June share price index futures contract was down 13 points at 4,018. In economic news on Monday, Reserve Bank of Australia governor Glenn Stevens is to address the Australian Payments Clearing Association's 20th Anniversary Symposium ...

EQT fund FUM decline results in closure

BEN COLLINS  |  MONDAY, 28 MAY 2012
... balance paid out in cash are not required to take any action and it's expected that the proceeds will be paid into their bank account within 10 business days after June 4, 2012.

NAB expands Financial Planning team

LINDA HAUSKEN  |  MONDAY, 28 MAY 2012
MLC has named Paul Fog as Financial Planning general manager of National Australia Bank in an internal appointment. Fog will be based in Melbourne and will assume the responsibility for running NAB's salaried advice network. Fog has been acting in the ...

MAFTA provides new Asian opportunities

BEN COLLINS  |  MONDAY, 28 MAY 2012
The Malaysia-Australia Free Trade Agreement (MAFTA), gives Australian financial services a much greater opportunity than the wider AANSFTA (ASEAN Australia New Zealand Free Trade Agreement) under which a previous 30% ownership cap was negotiated. "I ...

Market Wrap

AAP  |  MONDAY, 28 MAY 2012
The Australian market has opened higher despite weak leads from Wall Street, as buyers took advantage of cheaper resources stocks. At 1020 AEST on Monday, the benchmark S&P/ASX200 index was up 25.2 points, or 0.63 per cent, at 4,054 while the broader ...