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Showing 13611 - 13620 of 17976 results for "Bank"

New boutiques, more advisers for NAB

RUTH LIEW  |  MONDAY, 16 MAR 2009
The recently combined wealth unit of National Australia Bank is on the hunt for new boutique fund managers and top quality advisers following last week's merger announcement of MLC, nab private wealth and nabInvest. Steve Tucker, the new head of the ...

The power of optimism

BENJAMIN ONG  |  MONDAY, 16 MAR 2009
... G-20 held a summit over the weekend. The reason why Japan announced a third government stimulus plan. The reason why the Bank of England (BoE) has formally implemented quantitative easing and is buying gilts directly. The reason why the Swiss National ...

Market Wrap - Morning

AAP  |  MONDAY, 16 MAR 2009
... one-day gain in over three months as Canon Inc and other exporters surged after data showed US retail sales stabilising and Bank of America reported a return to profit. The Nikkei-225 index added 371.03 points, or 5.15 per cent, to 7,569.28. HONG KONG ...

Market Wrap - Midday

AAP  |  FRIDAY, 13 MAR 2009
... into a third day. The Dow Jones industrial average rose 239.66 points to 7,170.06. Stock Move Price AMP +0.140 4.100 ANZ Bank +0.470 13.330 BHPBilton +1.070 31.420 CBA +1.340 30.010 NAB +0.860 17.590 NewsCorp +0.680 10.250 Polartech -0.004.096 Rio Tinto ...

FIX adoption critical to growth

RUTH LIEW  |  FRIDAY, 13 MAR 2009
More than 25 per cent of trade orders placed with brokers are still conducted through the old-fashioned telephone - a trend that will hamper operation and cost efficiencies in the long run, says an industry expert. Michael Corcoran, ITG head of sales ...

NAB gambles on its IFS model

WWW.THESHEET.COM  |  FRIDAY, 13 MAR 2009
... all sizes can be serviced by the same division. Clyne is pinning a lot of his hopes on the business banking division. The bank has reported previously that lending to business customers has been growing at 1.3 times system over the past few months. NAB ...

Jobless rate in perspective

BENJAMIN ONG  |  FRIDAY, 13 MAR 2009
... automatically for a second year's visa.' It added, 'With unemployment hovering just above 5%, these trends have worried the central bank because of inflationary pressures stoked by higher wage demands.' In March 2005, the New South Wales Labour Economics ...

NAB merges three wealth units

MICHELLE BALTAZAR  |  THURSDAY, 12 MAR 2009
National Australia Bank is combining MLC, nab private wealth and nabInvest under one roof, appointing MLC chief executive Steve Tucker as the new head. In a strategy update to investors today, the bank has announced a restructure of its three previously ...

ATO targets early access and in-house rules

MICHAEL HOBBS  |  THURSDAY, 12 MAR 2009
... for retirement." Indeed, the ATO has already suspended more than 200 SMSF from receiving rollovers and, separately, frozen bank accounts holding over $1.5 million in benefits which were suspected of being released early in the past six months. The ATO ...

Market Wrap - Midday

AAP  |  THURSDAY, 12 MAR 2009
... the moment. "I'm warming to being on the bullish side of the market right now." Investors have welcomed National Australia Bank's strategy update, sending its shares up 54 cents, or 3.31 per cent, to $16.84. The bank said it would slash its first half ...