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Showing 2361 - 2370 of 2907 results for "Commonwealth Bank"

Storm enters voluntary administration

MICHAEL HOBBS  |  TUESDAY, 13 JAN 2009
... voluntary administration after Storm Financial failed to pay the full amount of its corporate debt facility to the Commonwealth Bank of Australia. "Our personal losses are of little consequence to us at this stage: it is the interests of our clients ...

Market Wrap - Midday

AAP  |  THURSDAY, 11 DEC 2008
... $40.80. Rival BHP Billiton fell 16 cents to $30.20. In the banking sector, Westpac gained four cents to $16.41, Commonwealth Bank lost 47 cents to $28.03, National Australia Bank sank 12 cents to $19.48 and ANZ lifted 15 cents to $14.30. Investment bank ...

GFC wipes $80b FUM

RUTH LIEW  |  THURSDAY, 11 DEC 2008
... percentage in losses with its FUM decreasing 18.2 per cent or $6.3 billion. Meanwhile, Colonial First State/ Commonwealth Bank, which has the biggest FUM in the sector contributed $13.7 billion to the overall losses suffered by the retail managed funds ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 10 DEC 2008
... course they went down about eight per cent, which is what the other banks did yesterday," Mr Heffernan said. Commonwealth Bank will place $750 million of shares with Merrill Lynch and use the proceeds to redeem its PERLS II securities in March 2009. ...

Market Wrap - Midday

AAP  |  TUESDAY, 9 DEC 2008
... raising - they are seen to be the neediest," Mr Potter said. "But Westpac has beaten them to it." At 1202 AEDT, Commonwealth Bank retreated $2.7, or 6.62 per cent, to $30.63, National Australia Bank gave up 68 cents, or 3.24 per cent, to $20.28 and ANZ ...

Market Wrap - Midday

AAP  |  MONDAY, 8 DEC 2008
... American market. "Our banks are up between 2.5 and five per cent and it has been a very good start to the day." Commonwealth Bank rose $1.77, or 5.73 per cent to $32.67, National Australia Bank increased 98 cents, or 4.95 per cent, to $20.79, Westpac ...

Westpac NZ hires NAB exec for CEO

MICHAEL HOBBS  |  FRIDAY, 5 DEC 2008
... manager of business and private banking between 2004 and 2007. Prior to NAB, Frazis was senior executive at the Commonwealth Bank of Australia's institutional banking division and has also been a partner at Boston Consulting Group. Frazis' appointment ...

Market Wrap - Midday

AAP  |  THURSDAY, 4 DEC 2008
... cent, to $28.20, while Rio Tinto shares fell $3.77, or 10.24 per cent, to $33.03. The banks were all stronger. Commonwealth Bank added 52 cents to $31.72, National Australia Bank rose 64 cents to $19.23, ANZ gained 14 cents to $14.30 and Westpac lifted ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 3 DEC 2008
... cent, to $27.85, and Rio Tinto shares had lost $2.81, or 7.21 per cent, to $36.19. In the financial sector, Commonwealth Bank lost 14 cents to $31.11, National Australia Bank lifted 13 cents to $18.85, ANZ increased ten cents to $14.05 and Westpac was ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 3 DEC 2008
... Share Price Index futures contract was up 28 points at 3,600. In economic news, the Australian Industry Group/Commonwealth Bank of Australia will release their Performance of Services Index for November, and the Australian Bureau of Statistics issues ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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