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| | | ... bit of consolidation in the market. Nothing dramatic has really changed overnight." Mr Ive said there was a rumour that the Bank of Japan may intervene again to stop the yen's rise. A strong yen is harmful to the Japanese economy because it reduces the ... |
| | | | ... trade, the major banks were higher, with ANZ up two cents at $19.52 and Westpac 13 cents higher at $19.78. National Australia Bank was 35 cents, or 1.6 per cent, stronger at $22.75, while Commonwealth Bank gained 60 cents, or 1.3 per cent, to $46.56. ... |
| | | | ... small story but it's a small positive step," Mr Speizer said. In Australia this week, there will be a speech from Reserve Bank of Australia (RBA) deputy governor, Ric Battellino in Sydney on Tuesday. On Friday, RBA governor Glenn Stevens will appear ... |
| | | | ... Street firmly into the red. Risk sentiment unravelled overnight as fears about global growth, European sovereign debt and bank liquidity added to poor US manufacturing data. At 1200 AEST on Friday, the Australian dollar was trading at 103.37 US cents ... |
| | | | ... exceeded its loan growth in a nine-monthly market update released today. Mike Smith, ANZ chief executive officer said the bank's global markets business had faced difficult conditions in the quarter with lower trading income. But there had been continued ... |
| | | | ... has about $400 billion in funds under management in Australia with seven major institutional clients including Macquarie Bank and Vanguard, he said. When Taxation of Financial Arrangements (TOFA) became law in July 2010, it caused a major headache for ... |
| | | | Financial advisors need to improve their earnings not their revenues if they want to sell their businesses, a strategic advisory firm has said. Hunts' Group Consulting, which gives strategic growth advice to the wealth management industry, knows how ... |
| | | | ... broker and risk adviser, Marsh. Prior to that, Walther was vice president, Leveraged Finance Group with NatWest USA and Fleet Bank, specialising in high leveraged transactions. Grahame Evans, group managing director of Professional Investment Holdings ... |
| | | | ... future internal opportunities be emphasised by financial services employers to attract the right candidates. "One Australian bank is building potential career moves into job descriptions at senior analyst level and above. It's an indication that people ... |
| | | | ... returns the industry has provided have been very competitive by world standards and far superior then investing in things like bank deposits." He further stated that super returns might have even further potential if the proposed increase in Superannuation ... |
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