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Showing 241 - 250 of 499 results for "Bank SA"

NAB reports $1.4 billion net profits

JAMES FERNYHOUGH  |  MONDAY, 24 FEB 2014
National Australia Bank (NAB) has reported unaudited net profits of $1.4 billion and unaudited cash earnings of $1.55 billion for the December quarter. The latter figure represented a 7% rise from the corresponding period, and was 2% above the quarterly ...

Macquarie says market conditions improving

AAP  |  TUESDAY, 11 FEB 2014
Investment bank Macquarie Group still expects a stronger full year performance as general market conditions continue to show signs of improvement. Macquarie says its annuity-style businesses - Macquarie Funds; banking and financial services; and corporate ...

Market Wrap

AAP  |  THURSDAY, 16 JAN 2014
The Australian market looks set to open higher following a strong performance on Wall Street after the World Bank said the global economy was at a turning point. At 0858 AEDT on Thursday, the March share price index futures contract was up 24 points ...

Westpac trumpets infrastructure's 'annuity style' potential

JAMES FERNYHOUGH  |  WEDNESDAY, 15 JAN 2014
Increased investment in infrastructure by superannuation funds would provide retirees with a much-needed "annuity-style" income stream, according to Westpac Group. In a submission to the Productivity Commission's Public Infrastructure Inquiry, the bank ...

ANZ praises ASIC "integrity" amid consumer complaints

LAURA MILLAN  |  WEDNESDAY, 6 NOV 2013
ANZ has praised the integrity of the Australian Securities and Investments Committee (ASIC) in its submission to the Senate inquiry into the regulator's performance, despite coming under fire from consumers. ANZ is the first large financial institution ...

CBA could face legal action over Operation Lantern

LAURA MILLAN  |  WEDNESDAY, 30 OCT 2013
The Commonwealth Bank (CBA) may have broken the law when commissioning a security firm to conduct Operation Lantern, a surveillance operation on anti-banking lobbyist Michael Fraser. Fraser was followed and photographed by private investigators from ...

Wealth division contributes to strong ANZ result

MARK SMITH  |  TUESDAY, 29 OCT 2013
Profits in Australia and New Zealand Banking Group (ANZ)'s global wealth division rose 36% in the 12 months to September 2013, helping the bank to pay a bigger than expected dividend. In an announcement on the Australian Securities Exchange (ASX) the ...

BT launches women adviser network group

LAURA MILLAN  |  TUESDAY, 1 OCT 2013
... management arm of the Westpac Group and oversees the financial planning businesses of Westpac, St.George, Bank of Melbourne, Bank SA, Securitor, Licensee Select, BT Select and Magnitude.

BOQ to fork out $46 million over interest rate botch

JAMES FERNYHOUGH  |  THURSDAY, 15 AUG 2013
Bank of Queensland (BOQ) will refund $34.5 million to members after an internal review found it had applied incorrect interest rates and fees. BOQ said it will also incur additional remediation costs of $11.5 million, bringing the total loss to about ...

Market Wrap PM

AAP  |  THURSDAY, 1 AUG 2013
The Australian stock market has opened higher after economic data out of the US met investor expectations. The market was up 0.4 per cent after opening on Thursday, despite a 0.14 per cent fall on Wall Street. The US Federal Reserve announced overnight ...