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Showing 11931 - 11940 of 17967 results for "Bank"

Bank blocks pension gold

MATT WOODINGTON  |  MONDAY, 21 FEB 2011
Central bank De Nederlandsche Bank (DNB) ordered Dutch pension fund SPVG to reduce its investment in gold from 13 per cent of its portfolio to three per cent or less. SPVG, the pension fund of glassworks company Vereenigde Glasfabrieken, has been given ...

Yakety yak

BENJAMIN ONG  |  MONDAY, 21 FEB 2011
I wonder if anyone noticed that there was a G-20 meeting held over the weekend. Yes, there was! Honest. Am sure many have heard of the meeting in Paris where the world's 20 most powerful heads talked to discuss the collective economic and financial ...

Market Wrap - Morning

AAP  |  MONDAY, 21 FEB 2011
... by 0.12 per cent to 4,157.14 points, while in Frankfurt the DAX gained 0.29 per cent to 7,426.81 points. China's central bank announced on Friday it would raise the amount of money banks must keep in reserve as it struggles to keep inflation under control ...

BNP enjoys wealth lift

MATT WOODINGTON  |  FRIDAY, 18 FEB 2011
... Asset management did see a,-17.6 billion in asset outflows during 2010, due to money market funds being down. The French bank said that Investment Solutions would continue to expand in the Asia Pacific during 2011. "The division will capitalise on the ...

Market Wrap - Midday

AAP  |  FRIDAY, 18 FEB 2011
... underlying profit up 27 per cent. NAB was down four cents at $26.38, Westpac was four cents higher at $24.33, and Commonwealth Bank shares were one cent lower at $53.98. Mining giant BHP Billiton was down 11 cents at $46.53 after reporting earlier in ...

Former IOOF sales head joins Bendigo

ELISE BURGESS  |  FRIDAY, 18 FEB 2011
Bendigo and Adelaide Bank has appointed a new head of wealth markets. Alexandra Tullio, formerly head of sales at IOOF for four years, will join to group next month. She will assist in the restructure of the bank's wealth product offering teams and ...

Asian funds invest more in Taiwan

MATT WOODINGTON  |  FRIDAY, 18 FEB 2011
... the door to a wealth of investment opportunities. While concerns persist in Asian markets over rising inflation and central bank tightening, Taiwan appears to be on the verge of a potentially significant period of growth with the retail and infrastructure ...

Roubini defects

BENJAMIN ONG  |  FRIDAY, 18 FEB 2011
... have defected over to our bullish camp for the Fed's still got our backs. This is no better expressed than Federal Reserve Bank of Chicago President Charles Evans when he told his audience in Rockford, Illinois that, "With unemployment too high and inflation ...

Market Wrap - Morning

MATT WOODINGTON  |  FRIDAY, 18 FEB 2011
... overshadowed a bigger than expected rise in the number of people applying for unemployment benefits. The Federal Reserve Bank of Philadelphia said its index of manufacturing in the mid-Atlantic region nearly doubled between January and February. The ...

Macq High Conviction predicts 2012 rally

MATT WOODINGTON  |  THURSDAY, 17 FEB 2011
The fund manager of a top performing high conviction fund predicts the ASX200 is unlikely to hit the 6,000 mark this year - but forecasts a return to the market's former levels soon after. Mark Harrison, fund manager of the Macquarie High Conviction ...