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Showing 11721 - 11730 of 17967 results for "Bank"

Market Wrap - Midday

AAP  |  THURSDAY, 5 MAY 2011
... NAB said. Among the other major banks, Westpac was 22 cents lower at $23.89, ANZ lost 13 cents to $23.32, and Commonwealth Bank fell 18 cents to $52.49. Meanwhile, Westpac chief executive Gail Kelly says Australians won't be able to handle more than ...

May the Fed be with you

BENJAMIN ONG  |  THURSDAY, 5 MAY 2011
... might be ending QE2 in June but it's continuing its "very easy" monetary policy for an "extended period". US Federal Reserve Bank of Boston President Eric Rosengren emphasised this in his speech last night. "With significant slack in labor markets, stable ...

Market Wrap - Morning

AAP  |  THURSDAY, 5 MAY 2011
... a tender process for the issue of $1 billion of Treasury notes maturing on July 22, 2011. In equities, National Australia Bank issues first half results, and News Corporation issues third quarter results. Rio Tinto Ltd, Alumina Ltd, IRESS Market Technology ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 4 MAY 2011
... 109.00 cents. It was the first time the local currency has fallen below the 108.00 US-cent mark in seven days. Commonwealth Bank currency strategist Joe Capurso said the Australian dollar had been following a fall in precious metals. "Apparently, there ...

BT Group profits rise $29 million

ALISON BEVEGE  |  WEDNESDAY, 4 MAY 2011
... brands such as Asgard, Advance Asset Management, BT, Securitor, Magnitude and the advice operations of BankSA, St George Bank and Westpac. In overall Westpac results, revenue fell 3 per cent to $8.35 billion and net profit rose 38 per cent to $3.96 billion. ...

Super funds at risk of cyber crime

ALISON BEVEGE  |  WEDNESDAY, 4 MAY 2011
... to break into wherever we want in the whole organisation." Miller warned that criminals have in the past tried to set up bank accounts with false identities, then attempted to roll over super funds with stolen member details. Miller's warning comes in ...

Foreign shocks sparks IT scrutiny

ALISON BEVEGE  |  WEDNESDAY, 4 MAY 2011
Hedge funds and finance industry operators are paying up to 50 per cent more for old legacy disaster recovery management systems, a new technology provider has said. Alphaserve Technologies, a New York-based firm that provides risk management, performance ...

Neilson loosens reins at Platinum

ALISON BEVEGE  |  WEDNESDAY, 4 MAY 2011
Platinum International has restructured with founder Kerr Neilson loosening the reins to let team members Jacob Mitchell and Andrew Clifford lend a hand in managing the flagship global equity fund. The fund had $16.2 billion in assets as at December ...

Vow appoints wealth head

MATT WOODINGTON  |  WEDNESDAY, 4 MAY 2011
... Group, while Leighton King has joined the company as business development manager. Dale has previously worked for Macquarie Bank, Citibank and Westpac with experience in third party distribution and mortgage broking. At Macquarie he brought the Macquarie ...

Swan names new ASIC, ACCC heads

ELISE BURGESS  |  WEDNESDAY, 4 MAY 2011
ASIC commissioner Greg Medcraft and economist Rod Sims have been recommended as new regulatory heads by Treasurer Wayne Swan. In a statement from the Treasury, current ASIC commissioner Greg Medcraft has been put forward as the next ASIC chairman in ...