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Showing 2381 - 2390 of 5948 results for "Banks"

FSC-ISA battle recommences over MySuper data

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
... to MySuper funds, with $77 billion dollars of workers default super savings remaining in higher cost super funds so that banks can maximise revenues at the expense of Australians retirement nest eggs. This is unconscionable," ISA said. The FSC, meanwhile ...

Instos get serious about climate change

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
... instos? And if they are serious, what are they doing about it? In September, a group representing 348 of the world's largest banks, pension funds and fund managers went to New York to deliver a statement to the United Nations Climate Summit. The statement ...

Market wrap

AAP  |  THURSDAY, 2 OCT 2014
... plate yesterday on the basis of dividend yields do so again today?" He said the key stocks to watch would be the big four banks and Telstra, which collectively make up around half of the market and are popular with yield-hungry investors. The Commonwealth ...

Cbus reveals executive pay

JAMES FERNYHOUGH  |  THURSDAY, 2 OCT 2014
... showed that the average chief executive of an ASX 100 listed company earns $4.84 million a year. The chief executives of banks, however, get paid considerably more. Westpac chief executive Gail Kelly earned almost $11 million in 2013, roughly split half ...

New masters of universe

BENJAMIN ONG  |  THURSDAY, 2 OCT 2014
... hesitation - from the People's Bank of China (PBOC). It injected 500 billion yuan (US$81 billion) into the country's five largest banks two weeks ago and just yesterday it eased property restrictions - allowing lower downpayments and lower mortgage rates ...

Market wrap

AAP  |  MONDAY, 29 SEP 2014
The share market has improved from a weak start but remains lower due to price falls for the big banks and supermarket giants. IG market strategist Evan Lucas said high yielding stocks were being sold by investors. "The banks particularly continue to ...

Global re-regulation takes shine off investment banks

ALEX DUNNIN  |  MONDAY, 29 SEP 2014
... having to restructure their cash equity business, or abolish it entirely". Another report, this time from KPMG, noted: "Until banks fully embrace a new, more risk-averse culture and enact more far-reaching change to their control functions and governance ...

Market wrap

AAP  |  FRIDAY, 26 SEP 2014
... 70 cents at $34.09, Rio Tinto had lost $1.34 to $60.15, and Fortescue had dropped seven cents to $3.54. Among the major banks, the Commonwealth bank had lost 80 cents to $75.85, ANZ was 26 cents lower at $31.06, Westpac had fallen 41 cents to $31.80 ...

FSC advice regulation plan leaves AMP cold

LAURA MILLAN  |  THURSDAY, 25 SEP 2014
... executive John Brogden at a briefing this week, where he told media that the proposal had almost universal support. "The banks are on board, AMP and all our members and independent licensees," he said. However, today an FSC spokesperson said that the ...

Unconstrained fixed income funds gaining institutional support

ALICE URIBE  |  THURSDAY, 25 SEP 2014
As central banks grapple with quantitative easing and markets look towards a period of instability, institutional investors are rethinking traditional fixed income approaches. Henderson Global Investors head of fixed income Phil Apel told Financial ...