Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2961 - 2970 of 5948 results for "Banks"

ME Bank wins A3 rating on super fund backing

JAMES FERNYHOUGH  |  TUESDAY, 18 JUN 2013
... customers, Moody's does not expect the bank to become a highly profitable institution in the league of the listed commercial banks.

Aust shares weaken ahead of RBA minutes

AAP  |  TUESDAY, 18 JUN 2013
Australian shares are weaker as traders nervously await the Reserve Bank's June board meeting minutes, with the big banks and miners suffering losses. IG market strategist Stan Shamu said investors were regarding a July rate cut as a less likely prospect. ...

Fund CEOs slam MySuper as 'death by a thousand cuts'

JAMES FERNYHOUGH  |  MONDAY, 17 JUN 2013
... offerings - 'SMSF lookalikes' as one chief executive put it. Other concerns were the increasing strength of the big four banks in the super sector; the need to source better member information through data mining; and improved communication with members. ...

Aust shares weaken ahead of US Fed meeting

AAP  |  MONDAY, 17 JUN 2013
... $28.61, ANZ relinquished 15 cents to $27.64, as National Australia Bank gave up 9 cents to $29.29. Still, Mr Russell said the banks' slide had more to do with profit taking, following a recovery at the end of last week. The big miners are also weaker ...

Big banks move into SBB space

JAMES FERNYHOUGH  |  FRIDAY, 14 JUN 2013
The Benevolent Society is teaming up with Westpac Institutional Bank and the Commonwealth Bank of Australia to issue Australia's second Social Benefit Bond (SBB) to fund the establishment of The Family Preservation Service. The service will focus on ...

Aust shares open more than 1pc higher

AAP  |  FRIDAY, 14 JUN 2013
... Billiton is 76 cents, or 2.37 per cent, higher at $32.88 and Rio Tinto has gained $1.83, or 3.55 per cent, to $53.40. The major banks are also having a good day, representing four out of the top six stocks along with BHP and News Corporation. CBA had ...

CIO confidence slumps to nine-month low

MARK SMITH  |  FRIDAY, 14 JUN 2013
... that the markets are now 'more fully priced'." Bond said CIOs' greatest concern is how the Reserve Bank and other central banks respond to difficult policy conditions. Eight out of 10 CIOs expect the official cash rate to be cut in the next 12 months ...

Market Wrap AM

AAP  |  FRIDAY, 14 JUN 2013
... to open higher after Wall Street's rocky start ended with a more-than-one-per-cent gain, shrugging off fears that central banks will soon end their stimulus measures. At 0805 AEST on Friday, the June share price index futures contract was up 58 points ...

Legg Mason appoints senior financial analyst

JAMES FERNYHOUGH  |  THURSDAY, 13 JUN 2013
... 2007. Before that, he worked at Citigroup Smith Barney and National Australia Bank. Davison was ranked second overall for Banks in the 2012 Peter Lee equities research survey, and second in the Starmine analyst awards for Financial Services in 2011 "Matthew ...

Australian shares open lower

AAP  |  THURSDAY, 13 JUN 2013
... downhill run, opening more than half a per cent lower following falls on international bourses and worries about central banks' stimulus plans. Losses on Thursday would mean a 13th day of falls in 17 trading sessions and the ASX facing a fifth consecutive ...