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Showing 2031 - 2040 of 5511 results for "September 2008"

ANZ selling stake in Chinese bank

JAMIE WILLIAMSON  |  TUESDAY, 3 JAN 2017
Continuing its strategy to focus on institutional banking operations in Asia, ANZ has agreed to sell its 20% stake in Shanghai Rural Commercial Bank. ANZ is selling its stake to China COSCO Shipping Corporation and Shanghai Sino-Poland Enterprise Management ...

A$ drop brings good cheers

BENJAMIN ONG  |  FRIDAY, 23 DEC 2016
So this is Christmas and what have you done (John Lennon)? No, it wasn't me, it was Donald! Thanks to the good tidings Santa Trump delivered (or talked of delivering) - infrastructure building and rebuilding, deregulation, tax reform. Ones that are ...

Wholesale funds see strong inflows

JAMIE WILLIAMSON  |  FRIDAY, 23 DEC 2016
Australian wholesale funds grew $36.2 billion over the September quarter, while retail managed funds market grew $24.9 billion. According to the latest statistics from Strategic Insights, more than 90% of the growth in wholesale funds occurred over ...

Top 10 executive appointments in 2016

STAFF WRITER  |  FRIDAY, 23 DEC 2016
1. Wealth division overhauled in latest NAB restructure Three members of NAB's executive leadership team left the company in July following an extensive organisational restructure which saw wealth management and personal banking brought under the same ...

Top 10 investment stories in 2016

STAFF WRITER  |  THURSDAY, 22 DEC 2016
1. AustralianSuper merges investment options In January AustralianSuper closed three investment options and replaced them with two as part of a streamlining process aiming to keep costs low and refocus the fund's investment efforts. The industry super ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 22 DEC 2016
Australia leading indicator The Westpac-Melbourne Institute leading index of economic activity was unchanged in November following increases of 0.1% in September and October. The latest result slowed the six-month annualised growth rate in the index ...

Top 10 superannuation stories in 2016

STAFF WRITER  |  WEDNESDAY, 21 DEC 2016
1. QSuper public offer move reshapes competitive landscape The decision to make Queensland government superannuation funds QSuper and LGIAsuper public offer could have far-reaching ramifications for Australia's superannuation sector. When QSuper especially ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 21 DEC 2016
US composite PMI Markit Economics' flash US composite PMI fell to a reading of 53.7 in December - the lowest in three months - from November's final reading of 54.9 as stronger expansion in manufacturing (to 54.2 in December from 54.1) was more than ...

MYEFO: Surplus of promises

BENJAMIN ONG  |  TUESDAY, 20 DEC 2016
Beam me up Scotty! That's the underlying message from Australian Federal Treasurer Scott Morrison's Budget update where the Mid-Year Economic and Fiscal Outlook (MYEFO) report showed the budget deficit beamed up by a cumulative A$10.3 billion over the ...

Super skimming adviser permanently banned

JAMIE WILLIAMSON  |  MONDAY, 19 DEC 2016
A Gold Coast adviser was permanently banned by ASIC for acting dishonestly and engaging in misleading and deceptive conduct. Stewart Banks was a representative of Professional Investment Services (PIS) - a wholly-owned subsidiary of Centrepoint Alliance ...