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Showing 1581 - 1590 of 1647 results for "Division 305"

S&P says Leighton profit downgrade within ratings guide

AAP  |  THURSDAY, 6 MAY 2004
Standard & Poor's said today that Leighton Holdings results for the nine months to March 31, 2004, were disappointing, but can be accommodated within the BBB-plus corporate credit rating. Leighton reported a profit after tax of $77 million (unaudited) ...

Commonwealth Bank appoints new head of institutional banking

AAP  |  WEDNESDAY, 5 MAY 2004
The Commonwealth Bank of Australia today said it had appointed Ian Saines to head up institutional banking and institutional and business services. Mr Saines\'s appointment to the position of executive general manager of the bank\'s institutional division  ...

IPOs rebound in first quarter

Initial public offerings (IPOs) rebounded in the first three months of this year from a dearth a year earlier, putting them on course to challenge the record number for the 12 months to June 30 set during the dotcom boom of 1999-2000, a survey this ...

APRA raised risk management concerns in January 2003

AAP  |  THURSDAY, 25 MAR 2004
Australia's banking regulator raised concerns about risk management at National Australia Bank with the bank's board in January 2003, according to a report out yesterday on the forex trading scandal at NAB. The Australian Prudential Regulation Authority ...

NAB report reveals critical weaknesses

WITH AAP  |  FRIDAY, 12 MAR 2004
A report released today into the National Australia Bank's (NAB) foreign exchange scandal revealed critical weaknesses in the bank's culture, governance and risk frameworks. Following the release of the PriceWaterhouseCoopers (PWC) report, NAB announced ...

Macquarie Bank buys entire ING Asian equities business

AAP  |  TUESDAY, 9 MAR 2004
Macquarie Bank will buy ING Group's Asian equities division for an undisclosed sum, nearly tripling its head count in the region and adding 1,000 new clients. Macquarie will inherit 428 ING staff across 10 countries, Mainly in Hong Kong, Singapore and ...

CBA business arm sets aside $2 billion to restore market share

AAP  |  THURSDAY, 4 MAR 2004
Commonwealth Bank of Australia's business banking arm has set aside $2 billion to lend to companies by June 30, as part of a bid to restore market share. The funds will be lent to clients across the bank's Institutional and Business Services (IBS) division  ...

Rising dollar, interest rates good for Challenger profit

AAP  |  MONDAY, 23 FEB 2004
Challenger Financial Services Group said today that it was a very different company to the one that existed nine months ago after reporting a pro-forma net profit of $33 million for the first half. Challenger reported a net profit for the six months ...

Perpetual axes 25 jobs in divisional shake-up

AAP  |  WEDNESDAY, 28 JAN 2004
Perpetual Trustees Australia has axed 25 jobs in a divisional shake-up designed to improve efficiency and enhance career opportunities. \"They are mainly in the back-office areas, in the administration (and) client services areas,\" a spokeswoman said ...

SelectingSuper releases 2003-04 benchmark fee survey

There is no clear relationship between overall super fund investment returns and total fees, the 2003-04 super fund benchmark fee survey, conducted by SelectingSuper, has found. However the survey did reveal a 1.5 per cent average in super fees across ...