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Showing 2481 - 2490 of 5948 results for "Banks"

FSC report warns of default super 'turmoil'

JAMES FERNYHOUGH  |  THURSDAY, 24 JUL 2014
... The group's chief executive David Whiteley said the Fair Work Commission process provides a quality filter that prevents banks from cross-selling their products to employers. "Don't doubt A for a A moment that the bank-owned funds intend to cross-sell ...

Market wrap

AAP  |  THURSDAY, 24 JUL 2014
... of its assets. Atlas Iron rose 0.75 of a cent to 57.75 cents on news it would reduce costs and lift production. The big banks were having a mixed morning with Commonwealth Bank adding seven cents to $81.63 and NAB rising six cents to $34.47. But Westpac ...

S&P, ABN Amro appeals rejected in landmark ruling

MARK SMITH  |  THURSDAY, 24 JUL 2014
... Australia. "This is a great win, not only for the 12 Councils but for investors generally, that should once and for all puts banks and ratings agencies on notice that they will be held accountable," he said.

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
Banks are going to find it increasingly difficult to make money out of superannuation as the downward pressure on fees continues, according to Sunsuper chief executive Scott Hartley. Hartley said MySuper and increasing transparency - as well as scrutiny ...

Market wrap

AAP  |  WEDNESDAY, 23 JUL 2014
... reacting to overseas news from investors, there's no follow-through from investors and so the market falls flat." The big banks were all higher, with the Commonwealth adding 20 cents to $81.46, ANZ rising five cents to $33.42, NAB gaining 14 cents to ...

Arrows and more arrows

BENJAMIN ONG  |  WEDNESDAY, 23 JUL 2014
... it's likely for consumer prices to start heading south again. The BOJ's quarterly survey of senior loan officers from 50 banks showed that: The corporate funds demand index printed at plus 5 in July - unchanged form April but down from plus 8 in January. ...

Another October to remember?

BENJAMIN ONG  |  TUESDAY, 22 JUL 2014
... understand if you're sick of reading this - as I am typing it - but this would be the state of play for as long as central banks provide more than psychological support to the financial markets. Don't worry, go shopping. They'll let us know when the ...

Market Wrap AM

AAP  |  TUESDAY, 22 JUL 2014
... Malaysia Airlines flight MH17 and attacks on Gaza, have dampened investor sentiment. In local economic news on Tuesday, Reserve Banks of Australia governor Glenn Stevens addresses the Anika Foundation Luncheon in Sydney, while the RBA's assistant governor ...

Market wrap

AAP  |  MONDAY, 21 JUL 2014
... meant resources companies were mostly weaker. "If you look at the major stocks there is a bit of support for some of the banks, but the softness we saw in metal prices on Friday meant it was going to be a tough gig for the major resources companies to ...