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Showing 1691 - 1700 of 2958 results for "August 2009"

NAB fined $40m over British bank failings

DARREN SNYDER  |  THURSDAY, 16 APR 2015
National Australia Bank's British bank (Clydesdayle) recently received a record fine nearing $40 million for lying to the United Kingdom's Financial Ombudsman Service as well as adopting inappropriate complaint policies. The UK's Financial Conduct Authority ...

NAB searching for Godfrey Pembroke GM replacement

LAURA MILLAN  |  MONDAY, 13 APR 2015
National Australia Bank (NAB) is currently conducting a recruitment process to replace Godfrey Pembroke's general manager, following the departure of Sean Allen. In the meantime, the dealer group has appointed strategic growth manager Shane Canton as ...

Fund manager insists active approach not broken

MARK SMITH  |  FRIDAY, 10 APR 2015
Fund manager Epoch Investment Partners has blamed the relatively poor performance of active managers in recent years on the market distorting impact of quantitative easing and says talented stock pickers will come good again soon. S&P Dow Jones recently ...

Go south young (China) man

BENJAMIN ONG  |  FRIDAY, 10 APR 2015
There was fear and a lot of uncertainty - perhaps even the biblical gnashing of teeth - back then, back during the late years leading to the expiry of the United Kingdom's 99-lease on Hong Kong from China on 1 July 1997. In Wikipedia's words, "Many ...

PMI surveys say...

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2015
Markit Economics' flash PMI (purchasing managers' index) data dump yesterday gives us the lay of the land for first quarter economy and beyond. While it's tempting to correlate these PMI readings with the effectiveness (or not) of the monetary policy ...

A win-win currency war?

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2015
Whoopsie, I just got caught sleeping behind the wheels (er, keyboard). I just found out that there's now a term for the current "patient"-induced volatility in the financial markets. Reuters called (past tense) it "patient panic" in its published article ...

Market Wrap AM

AAP  |  TUESDAY, 17 MAR 2015
The Australian market looks set to open higher after Wall Street lifted more than one per cent as investors weighed the timing of US interest-rate increases after lower-than-forecast economic data. At 0818 AEDT on Tuesday, the March share price index ...

ASIC suspends Dunfo Capital AFSL

ALEX BURKE  |  MONDAY, 16 MAR 2015
ASIC has suspended wholesale financial services provider Dunfo Capital's Australia Financial Services Licence until 31 August 2015. Formerly known as GSM Financial Group, Dunfo Capital failed to lodge financial statements and auditor reports for the ...

It might just be a matter of time

BENJAMIN ONG  |  FRIDAY, 13 MAR 2015
It's back! That old familiar "good is bad and bad is good" trade on The Street. Stronger-than-expected US payrolls growth equals June interest rate lift off - Wall Street not happy camper. Weaker-than-expected and third consecutive monthly decline in ...

You sexy thing

BENJAMIN ONG  |  WEDNESDAY, 11 MAR 2015
"When you're in love with a beautiful woman it's hard... Everybody wants her Everybody loves her Everybody wants to take your baby home." - Dr. Hook The good doctor might have as well sung about the US dollar instead of the fairer sex for mirror, mirror ...