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Showing 131 - 140 of 169 results for "Bank of New Zealand"

Daily economic update

... record-high interest rates are crimping consumer spending, which could slow down the economy this year. The Reserve Bank of New Zealand (RBNZ) has increased the official cash rate nine times since January 2004 to a record 7.25 per cent, saying household ...

NAB sells BNZ Investment Management to AXA

... and conditions have now been met. One of the important elements of the sale was an arrangement between the Bank of New Zealand and Assure whereby the Bank of New Zealand will act as distributor of Assure's managed fund products to the Bank's retail customers. ...

Daily economic update

... 36 per cent of NZ companies predict first-quarter profits to decline. The survey indicates that the Reserve Bank of New Zealand's (RBNZ) tight monetary policy is beginning to stall growth in the economy. The RBNZ has raised interest rates nine times ...

Daily Economic Update

... the country's seven-year deflation will end in the year to March. There is also speculation that the Reserve Bank of New Zealand (RBNZ) will raise interest rates by 25 basis points to 7.25 per cent when it meets on 8 December eased slightly following ...

Daily Economic Update

... contrast, latest data on New Zealand's labour market have dashed expectations of a reprieve from the Reserve Bank of New Zealand's (RBNZ) interest rate hike campaign. Statistics New Zealand reported that the country's jobless rate fell to a record low ...

David Clarke to chair Bluestone

... of experience in financial services both domestically and overseas. He began his career with the National Bank of New Zealand in 1979, and then took a role as chief executive of Lloyds Merchant Bank in London. In 1993 he started a seven-year stint with ...

Market Wrap

AAP | THURSDAY, 17 FEB 2005

... unveiling interim earnings and AMP revealing full year results. As well, ANZ is releasing a statement National Bank of New Zealand, Southcorp is expected to release its target statement after Foster's launched a hostile takeover bid and Coles Myer will ...

ANZ sticks to earnings forecasts

AAP | FRIDAY, 17 DEC 2004

... rose almost 20 per cent to a record $2.8 billion in 2004, including 10 months contribution from the National Bank of New Zealand, which ANZ acquired from Lloyds TSB for $4.9 billion last December. Goode told the AGM that competition in the banking sector ...

NZ interest rates rise

The cash rate in New Zealand now sits at 6.5 per cent after Reserve Bank of New Zealand (RBNZ) again raised interest rates by 25 basis points, the sixth such increase since January 2004. RBNZ Director Dr Allen Bollard cited the strength in New Zealand's ...

ANZ appoints new directors to ANZ Holdings

AAP | TUESDAY, 27 JUL 2004

... the change in the board\'s composition reflected the legal amalgamation of ANZ New Zealand and the National Bank of New Zealand into one registered NZ bank called ANZ National Bank. Shares in ANZ added 22 cents to $17.95 by the close of trade on Mond ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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