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Showing 2291 - 2300 of 5917 results for "March 2003"

Oil's gift to central bankers

BENJAMIN ONG  |  TUESDAY, 7 NOV 2017
Only one word comes to mind when the Kingdom of Saudi Arabia is mentioned, and that is oil - for it has plenty of it. According to Investopedia, "The Kingdom of Saudi Arabia is often cited as the world's largest oil producer. The country produces 13.24% ...

Westpac Group results solid despite challenges

JAMIE WILLIAMSON  |  MONDAY, 6 NOV 2017
Westpac Group chief executive Brian Hartzer welcomed a solid full-year result for the group, driven in part by the $4 billion added to BT Financial Group's Panorama platform. Westpac reported a statutory net profit of $7.9 billion - up 7% year on year ...

Changed RBA rate expectations?

BENJAMIN ONG  |  MONDAY, 6 NOV 2017
Financial markets got what they wished for from the world's three biggest central banks that met last week. The Bank of Japan (BOJ), the Fed and the Bank of England (BOE) all delivered as expected but not without help from the repeated and reiterated ...

Fed does the expected, will do as expected

BENJAMIN ONG  |  THURSDAY, 2 NOV 2017
It was the event that wasn't. This event, of course, is the US Federal Reserve's 31 October - 1 November FOMC meeting. The Fed's forward guidance is the same as it was in the 20 September FOMC statement when it announced that it would initiate its balance ...

BTFG widens life insurance APL

ALEX BURKE  |  WEDNESDAY, 1 NOV 2017
BT Financial Group advisers will see their life insurance approved product list expand to a minimum of three, up from one currently. At the moment, Westpac Life is the only insurer on the BT Financial Advisers APL, although BTFG noted that over the ...

Legg Mason hires national BDM

KARREN VERGARA  |  TUESDAY, 31 OCT 2017
Legg Mason appointed a new national business development manager to bolster its Sydney presence. Adam Muston joins from UBS Asset Management where he was the national sales manager of wholesale sales. Prior to joining UBS, he was an equity and derivative ...

Melbourne advice firm cops historic $1 million fine

JAMIE WILLIAMSON  |  MONDAY, 30 OCT 2017
A Melbourne-based financial advice firm is the first to be penalised for breaching the best interests duty, slapped with a $1 million fine by the Federal Court. NSG Services, currently named Golden Financial Group, was found on eight separate occasions ...

Forgery sees former NAB adviser sentenced

JAMIE WILLIAMSON  |  FRIDAY, 27 OCT 2017
A former NAB adviser pleaded guilty to two charges of forgery brought against him by ASIC. Shane Thompson of New Gisborne, Victoria was fined $1000 and forced to pay $223.30 in costs by the Melbourne Magistrates' Court for forging and submitting financial ...

ECB schedules taper

BENJAMIN ONG  |  FRIDAY, 27 OCT 2017
The European Central Bank's (ECB) October monetary policy meeting ended financial market speculations over its QE exit strategy. ECB president Mario Draghi did what he telegraphed he would -- discuss QE unwind strategy in October - and offered something ...

ANZ and ASIC settle over BBSW case

DARREN SNYDER  |  MONDAY, 23 OCT 2017
ANZ and the Australian Securities and Investments Commission have reached a confidential and in-principle agreement to settle court action relating to the Australian bank bill swap rate market. This morning ASIC asked the Federal Court to stand down ...