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Showing 10991 - 11000 of 17967 results for "Bank"

Market Wrap - Morning

AAP  |  THURSDAY, 9 FEB 2012
... from 108.18 cents on Wednesday afternoon. The local currency has enjoyed an impressive rally since Tuesday, when the Reserve Bank of Australia (RBA) surprised the market by keeping the cash rate on hold at 4.25 per cent. The RBA was expected to drop ...

Macquarie outlook mixed, annuities solid

ELISE BURGESS  |  WEDNESDAY, 8 FEB 2012
Macquarie Group's annuity-style businesses are expected to return 20% higher net profit contribution for FY12 on last year's results, yet not all results were positive as the firm released its moderate outlook and plans for a share buyback. In an update ...

Credit Suisse asset management appoints new recruit

CLAIRE MCGREAL  |  WEDNESDAY, 8 FEB 2012
Evan Reedman has been appointed Credit Suisse's new head of consultant relationship for asset management in Asia Pacific based in Melbourne. Reedman comes from QIC where he was director, lifecycle strategies and also worked at JANA Investment Advisers ...

Market Wrap

AAP  |  WEDNESDAY, 8 FEB 2012
... Western Australia's Pilbara region. By 1023 AEDT, Rio Tinto had fallen 34 cents to $70.67. At 1027 AEDT, National Australia Bank's shares were down 15 cents at $23.06. On Tuesday, NAB said its cash earnings in the first quarter of its fiscal year were ...

The majority is wrong

BENJAMIN ONG  |  WEDNESDAY, 8 FEB 2012
"Baby what a big surprise Right before my very eyes" - Chicago Yesterday we became witnesses on how the Reserve Bank of Australia (RBA) disproved the saying that, "the majority is always right". It kept the country's official cash rate unchanged at ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 8 FEB 2012
The Australian market looks set to open flat, despite positive moves on Wall Street overnight, after the Reserve Bank of Australia left the official interest rate on hold. NEW YORK - US stocks closed in positive territory on Tuesday, clawing back from ...

CFSGAM secures $1.3 billion UniSuper mandate

CLAIRE MCGREAL  |  TUESDAY, 7 FEB 2012
... processes to deliver a full suite of investment services." CFSGAM, which is the asset management division of Commonwealth Bank, manages around $25 billion in fixed interest and credit, mainly for institutional clients. UniSuper is the fund for the university ...

Market Wrap - Midday

AAP  |  TUESDAY, 7 FEB 2012
The Australian dollar has fallen while trading within a tight range ahead of a key Reserve Bank of Australia (RBA) interest rate decision. At 1200 AEDT on Tuesday, the local currency was trading at 107.15, down from 107.25 on Monday afternoon. From ...

Former BTFG chief takes Argo chair

ELISE BURGESS  |  TUESDAY, 7 FEB 2012
Former BT Financial Group chief executive, Ian Martin, has taken on the top board role at Argo Investments after chairman Chris Harris continues plans to retired on February 29. Chair for 14 years, Harris and non-executive director, Marina Darling ...

Waiting for the RBA to dance

BENJAMIN ONG  |  TUESDAY, 7 FEB 2012
... markets are concerned, the key has been wound and we're just now waiting for the RBA to do the dance. That is, the Reserve Bank of Australia will again lower the official cash rate by another 25 basis points to an even (Glenn) Steven(s) 4.0% today. For ...