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Showing 12741 - 12750 of 17968 results for "Bank"

Market Wrap - Midday

AAP  |  TUESDAY, 2 MAR 2010
... The Australian share market was flat at noon, drifting marginally lower from the monrning as traders awaited the Reserve Bank of Australia's (RBA) decision on whether to raise the official cash rate. At 1200 AEDT the benchmark S&P/ASX200 index was 0.1 ...

Prudential back in town

MICHELLE BALTAZAR  |  TUESDAY, 2 MAR 2010
... UK operations by selling its life insurance and funds management businesses to Colonial Limited (now part of Commonwealth Bank) for AUS$1.35 billion. In a press statement, Benmosche said that Prudential and AIG are committed to preserving the AIA brand ...

AMP appoints portfolio manager

COMPANY RELEASE  |  TUESDAY, 2 MAR 2010
AMP Capital Investors has appointed Chris Davitt to the new position of portfolio manager for its Property Portfolio Service. Davitt brings over 12 years of experience and property knowledge to the Property Portfolio Service, with his most recent role ...

La de da de da

BENJAMIN ONG  |  TUESDAY, 2 MAR 2010
... that we get to the roots of the current difficulties." Rumours are also circulating that Berlin would ask its state-owned bank to buy some Greek debt issue - and the German government would guarantee those securities (in-securities?) So that's the good ...

Market Wrap - Morning

AAP  |  TUESDAY, 2 MAR 2010
... Futures Exchange, the March share price index contract was 24 points higher at 4,714. In economic news on Tuesday, the Reserve Bank of Australia (RBA) will announce its interest rate decision at 1430 AEDT. The Australian Bureau of Statistics (ABS) retail ...

Attack of the million-dollar virus

MICHELLE BALTAZAR  |  MONDAY, 1 MAR 2010
From 20 new viruses popping up on the web each day 10 years ago to 25,000 new viruses a day this year, the exponential growth of online security threats pose a big problem for many financial services firms. According to new research by security software ...

Market Wrap - Midday

AAP  |  MONDAY, 1 MAR 2010
... Tinto had put on 81 cents to $71.31. Among the four major banks, ANZ Banking Group was up 35 cents at $23.44, Commonwealth Bank fell 16 cents to $53.76, Westpac was up 20 cents at $26.33 and National Australia Bank was up three cents at $25.47.

ACCC sounds online fraud alarm

REGULATORY RELEASE  |  MONDAY, 1 MAR 2010
Online scams continue to make up a large proportion of complaints to the ACCC - with online finance fraud growing in prominence, according to ACCC deputy chair, Peter Kell. During 2009, losses reported to the Australian Competition and Consumer Commission ...

Market Wrap - Mid-Morning

AAP  |  FRIDAY, 26 FEB 2010
... margins and lower bad debts. Its shares added 50 cents, or 2.25 per cent, to $22.75. Among the other major banks, Commonwealth Bank advanced 28 cents to $53.46, Westpac put on six cents to $25.75 and NAB rose 29 cents to $24.98. Mining giant BHP Billiton ...

Wall Street's $22bn bitter pill

COMPANY RELEASE  |  FRIDAY, 26 FEB 2010
... bonuses had risen 17 per cent to $22.5 billion in 2009, with the average Wall Street securities executive receiving a $139,850 bank cheque. This comes after a 47 per cent cut in bonuses during 2008 to $19.6 billion on the previous year. Wall Street bonuses ...

Editor's Choice

Federal Court lifts Merhi's travel ban

KARREN VERGARA
Former financial adviser Ferras Merhi is now free to travel as the Federal Court lifted travel restraint orders imposed one year ago.

Hostplus delivers double-digit FY26 returns

RIDDHIMA TALWANI
Hostplus Balanced (MySuper) option delivered members 10.8% for the financial year 2025-26, while the Indexed Balanced option and the High Growth option returned members 11.06% and 12.61% respectively.

ASIC levy estimates jump 19% as regulator ramps up funding

VINNY VUCAGO
ASIC has lifted its estimated industry funding levy by almost 20% for 2025-26, with regulated entities expected to shoulder $400.5 million in regulatory costs as the corporate watchdog expands its supervision and enforcement activities.

GQG bleeds over US$7bn in FUM in June

MATTHEW WAI
Despite recording positive investment performance, GQG Partners observed a significant outflow, with net outflows of $4.62 billion recorded in the month of June, as FUM slipped to $225 billion at June end, compared to $235.5 billion in the month prior.

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Blake Briggs

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FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
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