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Showing 151 - 160 of 521 results for "Banking Sector"

CBA 'open-minded' about Bitcoin

JAMES FERNYHOUGH  |  FRIDAY, 17 OCT 2014
Commonwealth Bank (CBA) chief executive Ian Narev has countered the notion that the banking sector is "oblivious" to Bitcoin. Speaking at an event hosted by the American Chamber of Commerce in Sydney this week, Narev said the bank is open-minded about ...

Market Wrap AM

MARKET WRAP  |  WEDNESDAY, 1 OCT 2014
... Perth. In Australia, the market on Tuesday close higher as investors found reason to buy back into the sold-off banking sector. The benchmark S&P/ASX200 index was up 28.6 points, or 0.54 per cent, at 5,592.8 points, while the broader All Ordinaries index ...

Hockey names infrastructure top priority for G20

JAMES FERNYHOUGH  |  TUESDAY, 16 SEP 2014
... country is left behind." He also flagged the issue of capital requirements for banks and the monitoring of the shadow banking sector as key areas for discussion. Finally, he downplayed fears Australian property market is in bubble territory, saying the ...

Market wrap

AAP  |  FRIDAY, 12 SEP 2014
The Australian stock market is lower as falls in the banking sector offset a better day for mining stocks. Wall Street finished little changed overnight as concerns about the upcoming referendum on Scottish independence and weak global inflation dampened ...

Market wrap

AAP  |  WEDNESDAY, 20 AUG 2014
... while Fortescue dropped 1.5 cents to $4.605 after a 56 per cent rise in full year profit to $US2.7 billion. The banking sector helped offset those falls, with ANZ up 22 cents at $33.04, NAB up 16.5 cents to $34.095 and Commonwealth five cents higher ...

Consumers have no loyalty to financial institutions

MARK SMITH  |  MONDAY, 18 AUG 2014
... Direct (14.0%) as at June 2014. "The recently released 'Financial System Inquiry - Interim Report' found that the banking sector is competitive, although concentrated. It appears from our analysis that consumers are exercising choice across all financial ...

Market wrap

AAP  |  FRIDAY, 15 AUG 2014
... in the green." "There's a bit more comfort around the globe but nobody's getting carried away." At 1210 AEST the banking sector was performing well, with Commonwealth Bank gaining 26 cents to $81.28, Westpac added 26 to $34.21 and NAB was up 17 cents ...

Market Wrap AM

AAP  |  THURSDAY, 7 AUG 2014
... points. The overall Lisbon PSI stock index of 18 companies fell 4.07 per cent to 5,579.68 points, pulled lower by the banking sector in the wake of the collapse of BES bank. The Italian stock market dropped 2.70 per cent after official data showed the ...

NAB CEO rejigs executive team

LAURA MILLAN  |  FRIDAY, 1 AUG 2014
... risk officer. Gall will replace Bruce Munro, who at 61 years old has decided to leave NAB after 40 years in the banking sector. Thorburn confirmed that the three departing executives -Healy, Gray and Munro- "have agreed to stay on to complete an appropriate ...

Confidence key to financial future: Murray

COLIN BRINSDEN, AAP ECONOMICS CORRESPONDENT  |  TUESDAY, 15 JUL 2014
... require substantial change. But it also warns there is no room for complacency. The review believes Australia's banking sector is competitive, albeit concentrated. It concedes the big four banks have funding advantages because of their size, and notes ...