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Showing 13351 - 13360 of 17975 results for "Bank"

Future lies in present

BENJAMIN ONG  |  MONDAY, 22 JUN 2009
Have we? Haven't we? Left bottom that is. Or is the taxpayer's impatience to get their money back and authorities' over zealousness to erect new 'thou shall not' signs to police financial institutions taking us back to that dark place we left back in ...

Market Wrap - Midday

AAP  |  FRIDAY, 19 JUN 2009
... missed out on the rally, falling $1.07, or 2.04 per cent, to $51.45. The four major banks all were stronger. Commonwealth Bank rose 22 cents to $38.29, National Australia Bank added ten cents to $22.15, Westpac climbed eight cents to $19.99, and ANZ ...

Swanson leaves CommInsure

MICHAEL HOBBS  |  FRIDAY, 19 JUN 2009
Simon Swanson is leaving the Commonwealth Bank of Australia after 30 years at the bank and four and a half years at the helm of CommInsure. Under his tenure, CommInsure became one of the largest insurers in Australia with inforce premiums of $1.5 billion ...

No protection in protectionism

BENJAMIN ONG  |  FRIDAY, 19 JUN 2009
... promised to start immediate negotiations over repurchasing warrants still held by the government. Greenest shoot. The World Bank lifted China's 2009 growth forecast from 6.5 per cent to 7.2 per cent encouraged by its economy's quick response to the 4 ...

Market Wrap - Morning

AAP  |  FRIDAY, 19 JUN 2009
The Australian share market has received a positive lead from Wall Street, with key indices either up or flat, and copper and oil higher, although precious metals were lower. At 0715 AEST on the Sydney Futures Exchange, the September share price index ...

Pres Obama proposes sweeping regulatory reforms

ALEX DUNNIN  |  THURSDAY, 18 JUN 2009
To plug regulatory gaps that the Whitehouse believes precipitated the GFC, President Obama has proposed the biggest change to financial oversight since the New Deal. Central to the reforms are the creation of a Financial Oversight Council that will ...

Market Wrap - Midday

AAP  |  THURSDAY, 18 JUN 2009
... until the June futures is spiked and the September futures begins." The four major banks mostly were stronger. Commonwealth Bank rose 26 cents to $37.96, National Australia Bank added 30 cents to $22.03 and Westpac climbed 17 cents to $19.77, while ANZ ...

CBA on Storm damage control

COMPANY RELEASE  |  THURSDAY, 18 JUN 2009
The Commonwealth Bank of Australia has suspended repayments for Storm Financial loan holders to the end of August and said it will pay for the cost of legal and financial advice for its affected customers. Ralph Norris, chief executive at Commonwealth ...

ING adds cap protected funds

PRESS RELEASE  |  THURSDAY, 18 JUN 2009
... unit price. The funds include no lock-in periods and are backed by two banks that are AA- rated by Standard & Poor's - ING Bank N.V. and Barclays Bank PLC. "Unlike some protected fund which only guarantee the initial investment, ING Australia has developed ...

Market Wrap - Morning

AAP  |  THURSDAY, 18 JUN 2009
... 3,889. The September share price index contract was four points lower at 3,866. In economic news on Thursday, the Reserve Bank of Australia releases its monthly bulletin. The Australian Bureau of Statistics releases international merchandise imports ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI  |   12:01PM
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI  |   11:30AM
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI  |   12:13PM
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI  |   11:50AM
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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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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