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Showing 12571 - 12580 of 17968 results for "Bank"

Death by algorithm

BENJAMIN ONG  |  FRIDAY, 7 MAY 2010
... crisis. But this might be resolved through concerted action by the G-20 and/or quantitative easing by the European Central Bank. Or perhaps... China could buy Greece. In the end, this correction could prove to be another good entry point for investors ...

Market Wrap - Morning

AAP  |  FRIDAY, 7 MAY 2010
... price index contract was 173 points lower at 4,400 on a volume of 12,781 contracts. In economics news on Friday, the Reserve Bank of Australia was due to publish its latest quarterly Statement on Monetary Policy at 1130 AEST. Also, Australian Industry ...

Aviva boost MLC and NAB Wealth numbers

NAB RESULTS  |  THURSDAY, 6 MAY 2010
... funds under management and insurance sales, and the contributions from Aviva's wealth management business in Australia. The bank's net profit fell 21.6 per cent to $2.1 billion during the half-year on the back of revenue down 3.3 per cent to $8.2 billion. ...

INGIM senior portfolio manager resigns

RUTH LIEW  |  THURSDAY, 6 MAY 2010
... follows the departure last month of Justin Blaess, previously director of INGIM real estate securities but has joined Deutsche Bank as director in the firm's real estate team. In December, former chief executive David McClatchy resigned and was replaced ...

Market Wrap - Midday

AAP  |  THURSDAY, 6 MAY 2010
... down at 1217 AEST. ANZ, which went ex-dividend on Thursday, was down $1.44, or 5.97 per cent, at $22.67. National Australia Bank, which reported a 21.4 per cent decline in first half net profit, was off 69 cents, or 2.58 per cent, at $26.09. Commonwealth ...

APRA contacts funds on rollover fraud

MICHAEL HOBBS  |  THURSDAY, 6 MAY 2010
... down on these crimes. SPAA has also recommended tax file number be used as a compulsory verification code in addition to a bank verification process when opening an Australian Business Number (ABN). Both measures could allow the police to track where ...

Global Sovereign Crisis

BENJAMIN ONG  |  THURSDAY, 6 MAY 2010
... Strauss-Kahn was quoted in Le Parisien saying that, "There is always a risk of contagion." This is echoed by European Central Bank council member Axel Weber warning that there is a threat of "grave contagion effects." But I think OECD Secretary General ...

Market Wrap - Morning

AAP  |  THURSDAY, 6 MAY 2010
... Financial Management was scheduled to auction $1.2 billion of short-term Treasury notes. In companies news, National Australia Bank Ltd was scheduled to release its first half results. ANZ Banking Group Ltd chief executive Mike Smith was due to address ...

INGIM builds distribution from ground up

MICHELLE BALTAZAR  |  WEDNESDAY, 5 MAY 2010
ING Investment Management (INGIM) is in the market for more staff, including BDMs, as it rolls out an ambitious wholesale distribution strategy to be led by former Genesys deputy head Jim McKay. McKay's appointment was announced today, less than a week ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 5 MAY 2010
... Westpac descended $1.11, or 4.1 per cent, to $26.22 as a stronger Australian economy and a sharp fall in bad debts helped the bank post a 32 per cent rise in first half profit to a record of almost $3 billion. National Australia Bank lost 81 cents to ...