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Showing 13491 - 13500 of 17975 results for "Bank"

Pockets of income in property

MICHELLE BALTAZAR  |  WEDNESDAY, 29 APR 2009
... for a reliable income. For a start, the building has an average lease expiry of 7.6 years. Key tenants include the Reserve Bank, Optus, Jones Lang La Salle and law firm Minter Ellison. The fund will also benefit from the timing of the purchase as the ...

OneAnswer FUM fall 20 pc

MICHAEL HOBBS  |  WEDNESDAY, 29 APR 2009
... fell over $1 billion to $9.3 billion and Oasis flows dropped by a similar amount to $3.5 billion over the same period. The bank's half yearly profit results found ING Australia's wealth management income fell $51 million to $191 million over a half year ...

BNY Mellon wins CBA mandate

COMPANY RELEASE  |  WEDNESDAY, 29 APR 2009
The Bank of New York Mellon has been selected by Commonwealth Bank of Australia as the depositary bank for its American Depositary Receipt program. Each CBA ADR represents one ordinary share. The ADRs trade on the over-the-counter market under the symbol ...

Sick of swines

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2009
... signals for the future. The negative. The Wall Street Journal reported that the US government's stress test would show that Bank of America and Citigroup failed - they will both need additional capital. The Journal did not reveal how much extra capital ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 29 APR 2009
... more than 150 in Mexico. Adding to investor worries was a media report that the Federal Reserve has advised Citigroup and Bank of America that they need to strengthen their capital following "stress tests" conducted by authorities. The mood was improved ...

MLC takes earnings hit

MICHELLE BALTAZAR  |  TUESDAY, 28 APR 2009
NAB-owned wealth management arm MLC reduced its workforce by 5.4 per cent in the six months to March as bad markets and lower management fees took their toll on half-year earnings. In an ASX half-year statement released this morning, NAB announced that ...

Market Wrap - Midday

AAP  |  TUESDAY, 28 APR 2009
... AWB was up nearly 12 per cent to $1.475, rising 15.5 cents. Mr Morrow said despite an early dive in the National Australia Bank's share price after it posted a fall in first half profit, the stock rebounded. "People have drilled down into it (the profit ...

Govt drafts new credit regime

MICHAEL HOBBS  |  TUESDAY, 28 APR 2009
The government has released a draft bill to develop a national credit licensing regime. The bill will create the Australian Credit License (ACL) which will come into effect from the beginning of next year. ACL holders must meet a set of minimum standards ...

Too much ado about pig flu

BENJAMIN ONG  |  TUESDAY, 28 APR 2009
... per cent fall in world output. But this one I found on the internet - reportedly a comment made by an FX strategist at Saxo Bank -- takes the cake. 'A response to a serious outbreak threat could mushroom into a major economic catastrophe as even a 'minor' ...

Market Wrap - Morning

AAP  |  TUESDAY, 28 APR 2009
... Industry Association and RP Data release their residential land report for the December quarter. In equities, National Australia Bank Ltd releases first half results. Diversified engineering firm Ausenco Ltd holds its annual general meeting, as does ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
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
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
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Funds 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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