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| | | Macquarie Banking and Financial Services Group has taken its next step in expansion plans to build out its retail operations and market share in advised and business banking sectors, with a new head of group marketing appointed. The organisation said ... |
| | | | ... Greece's domestic and foreign currency country ceilings remain at Aaa, as do the ceilings for domestic and foreign currency bank deposits. GDP growth: 5.5 per cent Unemployment rate: 8.0 per cent Budget deficit as a percentage of GDP: minus 6.4 per ... |
| | | | ... contract was up three points at 4,482 points, on volume of 4,258 contracts. In economics news on Monday, the Commonwealth Bank business sales indicator was due for release. On Friday, the Australian share market finished flat as a production downgrade ... |
| | | | ... lost high-profile financial advisory group Haywood Financial Management and Partners to MLC, owned by the National Australia Bank. Neither AMP Capital Investors nor Energy Industries Superannuation Scheme were available for comment by time of printing. ... |
| | | | The National Australia Bank is being sued after a financial planner allegedly told a couple to invest more than half of their portfolio in two European property trusts, losing them more than a million dollars. In 2007, Victorian cattle farmers Malcolm ... |
| | | | ... Billiton was 16 cents richer at $42.16, and Rio Tinto climbed 27 cents to $78.67. Among the major banks, National Australia Bank improved 27 cents to $24.53, Westpac jumped 26 cents to $21.36, ANZ picked up 18 cents at $21.53, and Commonwealth Bank found ... |
| | | | Investment bank, Credit Suisse, has announced two major appointments this week, its new global head of commodities and head of global emerging markets for its financial institutions group (FIG). Paul Hawkins will join Credit Suisse as managing director ... |
| | | | Professionals in the Australian financial sector remain reluctant to build their careers in the Asian market, despite the majority believing it offers the most job potential. On the flip side, hiring opportunities are set to rise in Australia. According ... |
| | | | ... "We're pretty much beholden to the Greek debt crisis... which could see the break up of the EU." At the same time the Reserve Bank of Australia (RBA) was talking about raising interest rates, he said. "We are seeing the slow erosion of value each week." ... |
| | | | Super funds aggregate wealth better than the stock market and it's time the nation harnessed that firepower, said Garry Weaven, chair of Industry Funds Management. Speaking at an IFM superannuation forum yesterday, Weaven said it's the job of trustees ... |
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