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Showing 14421 - 14430 of 17978 results for "Bank"

Market Wrap - Midday

AAP  |  THURSDAY, 22 MAY 2008
... Simpson said this was the third day of falls on the local market, which had seen a sell off of financial stocks. "St George Bank shares are down about three per cent while the investment banks are posting solid losses, with Babcock and Brown down about ...

Market Wrap - Morning

AAP  |  THURSDAY, 22 MAY 2008
... Reserve cut economic growth forecasts but warned of higher inflation, fueling fears of 1980's-style stagflation. The US central bank also released the minutes of its last policy meeting, which signaled it was unlikely to cut interest rates any time soon. ...

Norway revises pension investment strategy

MICHAEL HOBBS  |  WEDNESDAY, 21 MAY 2008
... and investment returns. The Government Pension Fund, which comprises of The Pension Fund - Global and is managed by Norges Bank, will reduce its exposure to fixed income investments to accommodate for the increase in allocation to real estate. In a statement ...

Private banker joins Macquarie

RUTH LIEW  |  WEDNESDAY, 21 MAY 2008
Private banker Tom O'Donnell has joined Macquarie Private Bank's Sydney-based client advisory team. O'Donnell joins Macquarie from Swiss private banking organisation Rothschild, where he was based in Guernsey, situated within the English Channel. He ...

Financial Ombudsman Service launched

RUTH LIEW  |  WEDNESDAY, 21 MAY 2008
The Australian Securities and Investments Commission (ASIC) has given the thumbs up to the establishment of a new Financial Ombudsman Service (FOS). The FOS will represent the merger of the three biggest complaints schemes operating in the financial ...

BankWest's recruitment drive on track

MICHAEL HOBBS  |  WEDNESDAY, 21 MAY 2008
... division included 17 financial planners on the "west coast" and 10 on the "east coast" across 14 stores nationwide. He said the bank recruited former Westpac employee, Lisa Livis as national manager and had appointed a head manager in each state. BankWest ...

The fight over how to fight inflation

ALEX DUNNIN  |  WEDNESDAY, 21 MAY 2008
... compensating people for inflation rather than seeking to conquer it. These advocates include a former chief economist of the World Bank, Joseph Stiglitz and now Columbia University professor, who told ABC Radio that "countries that follow inflation targets ...

Macquarie posts 23pct profit hike

MICHAEL HOBBS  |  TUESDAY, 20 MAY 2008
Macquarie Group has reported a 23 per cent rise in net profit after tax to $1.8 billion on the previous year, buoyed by strong returns from its investment banking deals and equity-related businesses in Asia-Pacific and Europe. The group's assets under ...

ANZ Private Bank recruits Hamaris

MICHAEL HOBBS  |  TUESDAY, 20 MAY 2008
ANZ Private Bank has appointed George Hamaris to head of advisory and risk. Hamaris was previously appointed sales director at salary packaging firm, McMillan Shakespeare in August 2006. Prior to this position, Hamaris was general manager and then chief ...

Market Wrap - Morning

AAP  |  TUESDAY, 20 MAY 2008
... the Sydney Futures exchange, the June share price index was down 15 points at 5,956. In economics news today, the Reserve Bank of Australia releases minutes of its May board meeting, Treasurer Wayne Swan speaks at an AICD lunch in Melbourne, and Federal ...