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Showing 10931 - 10940 of 17967 results for "Bank"

Market Wrap

AAP  |  FRIDAY, 2 MAR 2012
... cents, or 0.88 per cent, higher at $66.83. Major financial stocks were also trading well on Friday morning. Commonwealth Bank shares were 28 cents higher at $49.34, the National Australia Bank was up three cents at $23.61, ANZ gained 27 cents to $21.96 ...

ASIC bans Victorian adviser

CLAIRE MCGREAL  |  FRIDAY, 2 MAR 2012
... laws when he made unauthorised transfers of client money from their Macquarie Cash Management Trust accounts into his own bank accounts. The total amount of $208,688 was used to pay off personal debts and to purchase shares in Petrovic's name. The four ...

RBS signs MOU for sale of Asian assets

MELANIE TIMBRELL  |  FRIDAY, 2 MAR 2012
Malaysia's number two lender, CIMB Group Holdings Bhd has announced a memorandum of understanding with the Royal Bank of Scotland. The MOU covers the purchase of certain parts of the cash equities, equity capital markets and corporate finance businesses ...

Global govt bonds downgrade: Towers Watson

MELANIE TIMBRELL  |  FRIDAY, 2 MAR 2012
Towers Watson has downgraded intermediate global developed market government and inflation-linked bonds to 'highly unattractive,' saying risk premiums no longer compensate long-term investors for duration risk. On-going money printing by central banks ...

Lowenhaupt Global Advisors names executive director

RACHEL DAVIS  |  FRIDAY, 2 MAR 2012
... Prior to joining Lowenhaupt Global Advisors Australia (LGAA), Dunworth had senior executive roles with Credit Suisse Private Bank, Pengana Capital and Westpac Private Bank. "Juliet Dunworth is a highly respected family office executive with significant ...

Market Wrap

AAP  |  THURSDAY, 1 MAR 2012
... better than expected in recent months. European markets rose, lifted by gains for banking shares as the European Central Bank offered up cheap loans to lenders across the eurozone, boosting the euro. "There's nothing really that should have set the market ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 29 FEB 2012
... said the local currency could trade higher, dependent on a long-term refinancing operation (LTRO) by the European Central Bank, scheduled for Wednesday (European time). Meanwhile, Australian bond futures prices were lower. At 1200 AEDT on Wednesday ...

NAB Asset Servicing wins APRC mandate

ELISE BURGESS  |  WEDNESDAY, 29 FEB 2012
Australian Reinsurance Pool Corporation has awarded National Australia Bank Asset Servicing division a $740m mandate to provide its custodial services. Australian Reinsurance Pool Corporation (ARPC) will transition the assets under custody to NAB Asset ...

Hedge fund FUM to hit $2.3 trillion by year end

ALEX DUNNIN  |  WEDNESDAY, 29 FEB 2012
A Deutsche Bank survey of global hedge fund managers finds they expect their combined FUM to climb to $2.3 trillion by the end of 2012. Driving the expectations are institutional investors, HNW and Family Offices looking for investment performance in ...

Smackdown

BENJAMIN ONG  |  WEDNESDAY, 29 FEB 2012
... & Poor's just downgraded Greek debt to a "selective default" classification? And this, a day before the European Central Bank (ECB) conducts another 3-year LTRO - long-term re-financing operation. Tell someone who cares. It certainly looks that way ...