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Showing 12761 - 12770 of 17968 results for "Bank"

Austock appoints former Merrill chief

MICHAEL HOBBS | TUESDAY, 23 FEB 2010

Austock Group has appointed former chief executive at Bank of America - Merrill Lynch Australia, Paul Masi, as chief executive and managing director of the group. Masi has held a number of investment positions at BZW during the 1990s including head ...

Penny for Benny's thoughts

BENJAMIN ONG | TUESDAY, 23 FEB 2010

... overnight from 90 days. The Fed also announced last week that the Term Auction Facility would end on 8 March. The US central bank also stated previously that it would stop buying mortgage backed securities and agencies after 31 March. What does Benny ...

Market Wrap - Morning

AAP | TUESDAY, 23 FEB 2010

... Futures Exchange, the March share price index contract was two points lower at 4,699. In economic news on Tuesday, Reserve Bank of Australia (RBA) deputy governor Ric Battellino addresses The Sydney Institute. The Australian Office of Financial Management ...

Market Wrap - Midday

AAP | MONDAY, 22 FEB 2010

... 2.2 per cent, to $72.56. Among the major banks, NAB added 25 cents to $25.50, Westpac rose 66 cents to $26.12, Commonwealth Bank gained $1.19, or 2.25 per cent, to $54.00, and ANZ was 64 cents higher, by 2.91 per cent, at $22.60.

Hasting sells off HUT stake

COMPANY RELEASE | MONDAY, 22 FEB 2010

... cent unit holding in the Hastings Utilities Trust. RBC Capital Markets is the corporate and investment banking arm of Royal Bank of Canada. With over 4,000 employees, RBC Capital Markets is active globally in fixed income, foreign exchange, infrastructure ...

Baby steps

BENJAMIN ONG | MONDAY, 22 FEB 2010

... December 2007 to further improve the access of depository institutions to term funding -- will be 8 March with the central bank raising the minimum bid by 25 bips to 0.5 per cent. In its statement, the Fed explained: "Like the closure of a number of ...

Market Wrap - Morning

AAP | MONDAY, 22 FEB 2010

... lower amid profit-taking and a fall on Asian bourses, dragged down after a surprise interest rate rise by the US central bank. Australia's benchmark S&P/ASX200 index closed down 19.8 points, or 0.43 per cent, at 4,635.1 points, while the broader All ...

SuperChoice ups clearinghouse challenge

MICHELLE BALTAZAR | FRIDAY, 19 FEB 2010

Superannuation clearinghouse provider SuperChoice has teamed up with banking giant ANZ to develop PayClear2, a new system that can help small to mid-size businesses process SG contributions faster and with more accuracy. It's hard to get excited about ...

Guggenheim buys Security Benefit

COMPANY RELEASE | FRIDAY, 19 FEB 2010

US-based Guggenheim Partners has agreed to acquire Security Benefit, owner of Bennelong Funds Management's global equities provider, Security Global Investors. Security Benefit is the 100 per cent owner of Bennelong's global equities manager, SGI. The ...

Prison sentence for finance fraudster

ASIC RELEASE | FRIDAY, 19 FEB 2010

Hugh Charles Gordon, the former head of Newcastle investment company Whet Investments, was sentenced to 18 months jail, for fraud. Gordon, of Redheads, New South Wales, will be released after serving eleven months but will have to enter into a recognizance ...

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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

CHIEF EXECUTIVE OFFICER
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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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