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| | | Is this the tiny pebble that trips the bull? I planned to discuss how being in cash is an even riskier proposition at this precise moment in time because of its negative inflation-adjusted returns and using as lead "The Daily Telegraph's" story about ... |
| | | | BNP Paribas is targeting ultra high net worth with its new plans to expand its wealth management business in Asia. Chief executive Jean-Laurent BonnafA(C), said the French bank was ready to "actively pursue business development in 2013" after adapting ... |
| | | | ANZ has reported a first quarter cash profit of $1.53 billion, up 6.2% on the same period last year. Net profit meanwhile, which includes one-off expenses, was down 20% on last year to $1.36 billion. The cash profit rise was attributed to volume growth ... |
| | | | The Australian share market has rebounded slightly from its weak start. At 1045 AEDT on Thursday, the benchmark S&P/ASX200 index was down 4.3 points, or 0.09 per cent, at 4,916.7, while the broader All Ordinaries index was down 3.8 points, or 0.08 per ... |
| | | | The Australian market looks set to open flat after positive showings on US and European bourses following upbeat German economic data. At 0633 AEDT on Wednesday, the March share price index futures contract was up five points at 4,747. In economic news ... |
| | | | Not even one global fund manager who responded to a recent HSBC survey is underweight equities, and more than half are underweight cash. HSBC, which released results of its fund manager survey today, said that 75% of global managers have an overweight ... |
| | | | Macquarie Group Limited has appointed Justin Mannolini as executive director of its wealth management and real estate services arm Macquarie Capital in Perth, the bank said yesterday. Mannolini's new job is a sign of the investment bank's commitment ... |
| | | | The Australian market is set for a modestly higher open higher after a surge in bank stocks fuelled gains on Wall Street. At 0818 AEDT on Thursday, the December share price index futures contract was up six points at 4,531. In local economic news, the ... |
| | | | Bendigo and Adelaide Bank has entered into an agreement to buy Southern Financial Group's financial planning business, loan book and some of its investments. The Bank said that the deal, worth $290 million, would allow it to expand its presence in western ... |
| | | | Australian stocks are firmer, with gains among metals companies leading the broader market higher. But, local stocks have underperformed compared with Wall Street, which finished last week more than a per cent higher, with investors nervously eying ... |
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