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Showing 211 - 220 of 424 results for "Big four banks"

Market wrap PM

AAP  |  MONDAY, 4 AUG 2014
... announcing a fresh bid to enter the Las Vegas casino market through the purchase of a site on the famous Strip. The big four banks and the major miners were all down, while consumer staples and the property stocks bucked the trend to be the only sectors ...

Market Wrap

AAP  |  WEDNESDAY, 30 JUL 2014
... Kraehe will leave the company in September. He will be replaced by former Leighton chairman Stephen Johns. The big four banks were mostly down with ANZ falling three cents to $33.66, NAB shedding 11 cents to $35 and Westpac dropping 12 cents to $34.15. ...

Fixed it

BENJAMIN ONG  |  THURSDAY, 24 JUL 2014
... Morning Herald (18 May 2011) - "Moody's Investors Service has downgraded the long-term debt ratings of Australia's big four banks to Aa2 from Aa1, citing their relatively high reliance on overseas funds rather than local deposits." ""The downgrade reflects ...

Banks will struggle to profit from super: Sunsuper CEO

JAMES FERNYHOUGH  |  WEDNESDAY, 23 JUL 2014
... superannuation businesses, did not however address whether increased market share would make up for drop in fees. The big four banks have indicated that they will aggressively pursue the default market should it open up to general competition (currently ...

Confidence key to financial future: Murray

COLIN BRINSDEN, AAP ECONOMICS CORRESPONDENT  |  TUESDAY, 15 JUL 2014
... 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 some submissions to the review argued they also benefit from the ...

CBA unveils tougher adviser standards

LAURA MILLAN  |  MONDAY, 14 JUL 2014
... tarnished with the same brush." As the last Roy Morgan survey showed, client satisfaction with the advisers of the big four banks is above 80%. But the scandals revealed over recent months have largely damaged the industry's reputation. As the first ...

Market wrap

AAP  |  WEDNESDAY, 2 JUL 2014
... banks are back up quite substantially is the reason why our broader market is looking very good today." Among the big four banks, Commonwealth Bank was up 71 cents to $80.68, Westpac had gained 37.50 cents to $33.755, ANZ had risen 37.50 cents to $33.215 ...

Market wrap

AAP  |  MONDAY, 30 JUN 2014
... will unveil new home sales data for May ahead of the central bank's interest rate decision on Tuesday. Among the big four banks, the Commonwealth Bank was down 32 cents to $81.15, Westpac was minus 22 cents $33.95, ANZ had shed 17 cents to $33.43 and ...

Momentum for mFund service gathering despite uncertainty

MARK SMITH  |  WEDNESDAY, 25 JUN 2014
... of asset and fund services Justin Burman said: "The question is whether the fund management sector outside the big four banks, who have a vested interest in their platforms, will come to play in that space." "The initiative is a little bit of a disrupter ...

Market wrap

AAP  |  FRIDAY, 20 JUN 2014
The share market has opened lower as the major miners and big four banks all post losses. The market has come off Thursday's sharp gains, OptionsXpress market analyst Ben Le Brun said. "This is not unexpected considering yesterday's strong gains," he ...