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| | | The Australian share market slipped into negative territory by noon as falls by insurance stocks and manufacturers outweighed higher energy stocks. Profit downgrades by building materials producer Boral and mining equipment maker Bradken highlighted ... |
| | | | BNP Paribas Investment Partners will close its fixed income asset management business after two years in operation. "BNP Paribas Investment Partners has decided to discontinue its Australian Fixed Income asset management capability but remains committed ... |
| | | | The private debt market, particularly the senior secured loan and mezzanine markets will continue to exhibit a supply/demand imbalance for years, according to new research from Partners Group. As banks and other providers continue to deleverage following ... |
| | | | ... preferences, instead promising to simplify products. Speaking in a shareholder briefing yesterday, Narev said the Commonwealth Bank of Australia has a long-term focus and will not be offshoring any roles despite a lower growth environment. "We don't ... |
| | | | ... than expectations to 386K and worse, the previous week's figure was revised higher by 8K to 388K. Also, the Federal Reserve Bank of Philadelphia's factory index fell to 8.5 in April from a 12.5 in March - less than expectations for a 10.7 print. What's ... |
| | | | ... economic news on Friday, the Australian Bureau of Statistics releases march's Trade Price Indexes while the Commonwealth Bank business sales indicator for March is due out. In equities news, Woolworths is expected to release third quarter sales figures ... |
| | | | HSBC will issue an international 3-year RMB bond, the first to be launched outside Chinese sovereign territories. The move dovetailed with an initiative launched by George Osborne, British chancellor of the exchequer, to make London a centre for offshore ... |
| | | | ... larger dividends before 2014. At 1038 on Thursday Telstra shares were three cents down at $3.33. Meanwhile, Commonwealth Bank announced that improved technology and customer service are the main focus of its growth plans for the years ahead. Commonwealth ... |
| | | | ... Services, Citi, on the appointment. The contract adds to the more than US$13 trillion of assets Citi has under custody. The bank's service platform for alternative managers covers administration, operations, technology and data management capabilities ... |
| | | | ... opportunities were in China. Financial advisory firms involved in the most M&A transactions were HSBC, Maybank Investment Bank, OSK Investment Bank, PWC and SW Kingsway Capital. These top five firms helped steer 50% of combined purchase prices. |
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