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Showing 11881 - 11890 of 17967 results for "Bank"

Market Wrap - Midday

AAP  |  FRIDAY, 11 MAR 2011
The Australian share market is heading for its heaviest weekly fall in about nine months, with further falls on Friday due to rising oil prices and disappointing economic data from the United States and China. At 1208 AEDT the benchmark S&P/ASX200 index ...

Market Wrap - Morning

AAP  |  FRIDAY, 11 MAR 2011
... AEDT, the March share price index futures contract was 34 points lower at 4,655 points. In economics news on Friday, Reserve Bank of Australia (RBA) assistant governor (financial markets) Guy Debelle and RBA head of domestic markets, John Broadbent ...

NAB buys 35pc stake in AREA

ALISON BEVEGE  |  THURSDAY, 10 MAR 2011
The National Australia Bank has bought a 35 per cent interest in a global real estate fund manager, increasing its exposure to property in North America, Europe and Asia. The purchase of New York-based fund AREA Property Partners gives the bank's asset ...

State Super FS appoints MD

ELISE BURGESS  |  THURSDAY, 10 MAR 2011
State Super Financial Services (SSFS) has named Deloitte Consulting partner, Michael Monaghan, as new managing director with Peter McKillop retiring from the position in May. While currently at Deloitte, Monaghan's previous experience includes chief ...

Fund managers eye 'cheap' Japan

MATT WOODINGTON  |  THURSDAY, 10 MAR 2011
... currency are leading some fund managers to believe that the time is now to invest in Japan. In contrast to the rest of Asia, the Bank of Japan will likely act to generate inflation at some point, while many tip the Yen to fall, which may prompt a lift ...

Westpac launches Bank of Victoria

MATT WOODINGTON  |  THURSDAY, 10 MAR 2011
St.George bank branches in Victoria are renamed Bank of Melbourne giving the Westpac subsidiary a fresh identity within the state. Westpac will establish over 100 Bank of Melbourne branches and corporate banking centres over the next five years, as ...

Oil central bank

BENJAMIN ONG  |  THURSDAY, 10 MAR 2011
... data out to sway sentiment one way or the other. And those that had significance provided no kinder surprise. The Reserve Bank of New Zealand cut interest rates by 50 bps back to its GFC level of 2.50 per cent. This is no longer big news nor RBNZ Governor ...

Market Wrap - Morning

AAP  |  THURSDAY, 10 MAR 2011
... AEDT, the March share price index futures contract was two points higher at 4,776. In economics news on Thursday, Reserve Bank of Australia (RBA) governor Glenn Stevens delivered a speech in London overnight to a luncheon of Australian Business in Europe. ...

CFS slashes entry bar to wholesale platform

ALISON BEVEGE  |  WEDNESDAY, 9 MAR 2011
... investors, positioning itself for a future commission-free superannuation market. Colonial, a subsidiary of the Commonwealth Bank, has also streamlined adviser paperwork, and introduced new transparency so retail investors can easily see where their ...

Management shake up at Zurich

ELISE BURGESS  |  WEDNESDAY, 9 MAR 2011
... this restructure. They were rightly positioned for the role." At this time it is not known where Smith will move to. The non-bank aligned insurer said the development of two clear core structures would allow it to provide better support for its advisers ...