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Showing 14501 - 14510 of 17978 results for "Bank"

Market Wrap - Morning

AAP  |  THURSDAY, 24 APR 2008
... points or 0.7 per cent to 3608.47, picking up from early losses after Australia started trading. Early today, the NZ Reserve Bank decided to keep official interest rates on hold, keeping its official cash rate (OCR) at 8.25 per cent, its level since ...

Inflation smashes through 4 pct barrier

ALEX DUNNIN  |  WEDNESDAY, 23 APR 2008
... times the 0.9 per cent December quarter rise. Meanwhile the special CPI time series for the ABS prepares for the Reserve Bank has inflation at 4.4 per cent for the year. But illustrating the complexities buried in the figures, the ABS said the most significant ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 23 APR 2008
... think maybe well short of... the worst case scenario," Mr Wright said. ANZ chief executive Mike Smith today admitted the bank's involvement with collapsed margin lender Opes Prime had damaged its brand. ANZ picked up 53 cents, or 2.51 per cent, to $21.67. ...

Credit Suisse expands private banking

MICHAEL HOBBS  |  WEDNESDAY, 23 APR 2008
Credit Suisse has purchased corporate advisory firm, Hindal, enabling the development of its strategy to provide investment banking, private banking and asset management services to high net worth clients and Australian businesses. Established in 1996 ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 23 APR 2008
... dropped 31.10 points, or 1.29 per cent, to 2,376.94. LONDON - Britain's leading share index slipped 0.3 per cent as Royal Bank of Scotland led banks lower after unveiling a hefty rights issue, while mining shares rose on strong metal prices. The FTSE ...

Lazard appoints Asia MD

MICHAEL HOBBS  |  TUESDAY, 22 APR 2008
Lazard Asset Management has appointed Henry Choon as managing director in business development and marketing for Asia, excluding Japan. Choon has more than 15 years experience in Asian funds management and prior to this appointment worked at Lehman ...

Market Wrap - Midday

AAP  |  TUESDAY, 22 APR 2008
The Australian share market was more than one per cent lower at noon on a negative lead from Wall Street, after Bank of America Corp reported a weaker-than-expected profit. At 1200 AEST, the benchmark S&P/ASX200 index was down 61.6 points, or 1.1 per ...

Quattro to distribute HK giant's products

MICHAEL HOBBS  |  TUESDAY, 22 APR 2008
Quattro Asset Management has come to an arrangement with Hong Kong non-bank financial services juggernaut, Sun Hung Kai Financial to distribute the firm's products to Australian investors. Sun Hung Kai Financial is a Quattro Asset Management stakeholder ...

2020 Summit push for life long accounts

ALEX DUNNIN  |  TUESDAY, 22 APR 2008
The wealth management industry may have been left off the 2020 Summit's guest list but that doesn't mean we were left out of the Summit's final report. The initial report outlining the summit's outcomes contains two key recommendations that could have ...

Market Wrap - Morning

AAP  |  TUESDAY, 22 APR 2008
... into riskier assets such as equities. After the close, S&P 500 index futures jumped after the Wall Street Journal reported Bank of America Corp plans to invest $2 billion in preferred stock issued by mortgage lender Countrywide Financial Corp. During ...