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Showing 12121 - 12130 of 17967 results for "Bank"

Market Wrap - Morning

AAP  |  THURSDAY, 11 NOV 2010
Australian markets are expected to open firmer on Thursday, as US equities rebound in afternoon trade on signs of a slow improvement in the American labour market. On the ASX24 at 0615 AEDT, the December share price index contract was 25 points higher ...

Schroders surges, shuns Gartmore

JOHN MCDULING  |  WEDNESDAY, 10 NOV 2010
Schroders, the UK's largest listed fund manager, reported strong results overnight but ruled itself out of contention for troubled rival manager Gartmore. Schroders reported 9 month pre-tax profits of 282.7 million, up over 250 per cent on the corresponding ...

ACSA appoints new chair

ELISE BURGESS  |  WEDNESDAY, 10 NOV 2010
... managing director of BNP Paribas Securities Services Australia & New Zealand and John Butler, head of client management at HSBC Bank Australia as treasurer. Gray is head of client management for JPMorgan Worldwide Securities Services As at June 30, ACSA ...

ASIC bans adviser and charges former director

ELISE BURGESS  |  WEDNESDAY, 10 NOV 2010
... investors through Financial Partners, Venture Capital Management and Biotech Solutions before allegedly depositing the money into bank accounts he controlled, using the funds for the three companies and his own personal use. Finnigan faces a maximum ...

QE2 overstays welcome

BENJAMIN ONG  |  WEDNESDAY, 10 NOV 2010
... unfortunate, and possibly place at risk the stature and independence of the Fed." "For the next eight months, the nation's central bank will be monetizing the federal debt." "This is risky business." Fed Governor Kevin Warsh also used his speech at the ...

New fee model for contributions

RUTH LIEW  |  TUESDAY, 9 NOV 2010
... funds would be charged at 20 cents each, he said. "From our perspective, we're making one payment and our cost base as a bank is based around however many DE [direct entry] transactions we do," he said. Commenting on Cuscal's strategy in the superannuation ...

CBA plans retail bond offering

JOHN MCDULING  |  TUESDAY, 9 NOV 2010
In a huge boost for the dormant Australian retail bond market, Commonwealth Bank announced plans to tap retail investors' appetite for fixed income with the imminent launch of 5-year floating rate notes. The size of the offering is believed to be as ...

Better boring than bubble

MICHELLE BALTAZAR  |  TUESDAY, 9 NOV 2010
Frank Villante may work at a fund manager named after the stars but when it comes to investing, his feet are firmly on the ground. Villante, chief investment officer of small-cap specialist Celeste Funds Management, spoke at a media briefing about investors ...

Healing US, crouching Europe

BENJAMIN ONG  |  TUESDAY, 9 NOV 2010
There just ain't no pleasing Mr. Market. No siree! The biggest and most powerful central bank in the world gave them lots and lots of play money to play with and now... this is all we get. Wall Street stalled despite last week's news that the US Federal ...

Market Wrap - Morning

AAP  |  TUESDAY, 9 NOV 2010
... review, to be released in Canberra. Dun & Bradstreet also releases its business expectations survey, and National Australia Bank issues its monthly business survey for October. In equities news, Seven Group Holdings Ltd, Wesfarmers Ltd, and RCG Corporation ...