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Showing 231 - 240 of 499 results for "Bank SA"

Westpac weighs in on FoFA debate

LAURA MILLAN  |  FRIDAY, 9 MAY 2014
Westpac said that the government's proposed changes to the Future of Financial Advice (FoFA) legislation are "necessary" to ensure consumer protection. Westpac is the first of the Big Four to have its say on the FoFA changes, which are A currently being ...

NAB wealth division reports flat earnings

LAURA MILLAN AND AAP  |  THURSDAY, 8 MAY 2014
The National Australia Bank (NAB) wealth division has reported flat earnings in the first results following the appointment of Cameron Clyne as chief executive. NAB Wealth cash earnings were $174 million for the half year ending on March 2013, the company ...

Market wrap

AAP  |  MONDAY, 5 MAY 2014
The Australian share market is trading slightly lower despite a positive start as investors react cautiously to US job figures and await more economic news. CMC Markets chief market strategist Michael McCarthy said local investors had shown a weak reaction ...

BT Financial Group posts 21% profit rise

MARK SMITH  |  MONDAY, 5 MAY 2014
The performance of BT Financial Group has boosted Westpac Group's half-year results, with the division reporting cash earnings of $438 million, a 21% increase on the same period last year. BT Financial Group chief executive Brad Cooper attributed the ...

Macquarie Bank names managing director

MARK SMITH  |  FRIDAY, 2 MAY 2014
Mary Reemst will replace Greg Ward as managing director and chief executive of Macquarie Bank from 1 July. Reemst has been with the company for 15 years and is currently head of credit in the risk management group, a role she has held for the past 11 ...

ANZ wealth division profits up 11%

MARK SMITH  |  THURSDAY, 1 MAY 2014
An 11% increase in ANZ's global wealth division's profit has contributed to the banking group's strong overall half-year result. In an announcement on the Australian Securities Exchange (ASX), the group reported a 15% climb in statutory profit to $3.4 ...

ANZ launches bank-aligned news site

LAURA MILLAN  |  THURSDAY, 17 APR 2014
ANZ has launched BlueNotes, a corporate digital publication that includes news, opinion and insights from bank executives. "The publication forms part of a strategy to be a leader in engagement with customers, stakeholders and employees through digital ...

RBA questions super fund infra investment

ALICE URIBE  |  THURSDAY, 3 APR 2014
The Reserve Bank of Australia (RBA) has questioned the role of superannuation funds boosting funding for infrastructure investment, saying that it is not appropriate to mandate funds to invest in assets to meet "broader national objectives." In its ...

The waiting game

BENJAMIN ONG  |  MONDAY, 31 MAR 2014
Apart from last-minute end-of-month and end-of-quarter window dressings, this first day of the trading week should offer few surprises. It'll be a week when financial markets play the waiting game. Investors' attention would be on what the Reserve Bank ...

JANA absorbs MLC IM in NAB restructure

MARK SMITH  |  WEDNESDAY, 26 MAR 2014
MLC Investment Management will be absorbed by JANA in a shake-up designed to create a larger and more powerful investment research, advisory and portfolio management business, NAB has announced. The bank said the combined business will better utilise ...