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Showing 281 - 290 of 499 results for "Bank SA"

CBA posts good profits despite volatile markets

LINDA HAUSKEN  |  WEDNESDAY, 15 AUG 2012
The Commonwealth Bank Group has posted a $7.09 billion full year profit - which represents an 11 % increase on the previous year as at June 2012. The Commonwealth Bank's (CBA) cash profit of $7.11 billion was up 4% on the previous year. The bank's customer ...

Bendigo offloads IOOF stake

LINDA HAUSKEN  |  THURSDAY, 9 AUG 2012
Bendigo and Adelaide Bank has sold its 7.8% stake in wealth management firm IOOF Holdings, worth $110 million. In a statement to the Australian Securities Exchange (ASX) Bendigo and Adelaide Bank said the sale was conducted at $6.16 a share and is expected ...

ING Direct prepares for retail super foray

MELANIE TIMBRELL  |  TUESDAY, 24 JUL 2012
Online bank ING Direct is lining up to enter Australia's $374bn retail superannuation market with plans for the Q3 launch of a retirement savings product. Product details are yet to be released although a spokesperson for the bank said their SMSF savings ...

Goldman Sachs focuses on HNW with private bank

MELANIE TIMBRELL  |  FRIDAY, 20 JUL 2012
Goldman Sachs is building out its private bank from the US to target wealthy clients in a number of locations including Europe. Agence France-Presse reported that David Viniar, chief financial officer for the bank said the in-house private bank was ...

Market Wrap

AAP  |  THURSDAY, 7 JUN 2012
Australian stocks continued to climb at noon, as investors showed renewed confidence in global markets to make up for Monday's big losses. At 1201 AEST on Thursday, the benchmark S&P/ASX200 index was up 55.9 points, or 1.38 per cent, at 4,111.2, while ...

Market wrap

AAP  |  MONDAY, 30 APR 2012
The Australian market looks set to open higher following Wall Street's lead at the end of last week which closed up despite conflicting signals, as investors weighed disappointing economic news against reports of higher profits at big companies. At ...

Citigroup shareholders reject CEO pay

MELANIE TIMBRELL  |  WEDNESDAY, 18 APR 2012
Citigroup shareholders in the US have voted against the bank's plan to pay chief executive Vikram Pandit US$15 million. The shareholder vote, mandated by the "say on pay" legislation under the Dodd-Frank Act, was taken at the firm's annual meeting in ...

Market Wrap - Morning

AAP  |  TUESDAY, 21 FEB 2012
The Australian market looks set to open slightly higher, on hopes Greece will finally secure a massive bailout allowing the debt-crippled country to avoid defaulting on its debts. At 0800 AEDT on Tuesday, the March share price index futures contract ...

Westpac posts $1.4 billion profit to December 31

CLAIRE MCGREAL  |  THURSDAY, 16 FEB 2012
Westpac made quarterly cash earnings of around $1.5 billion to the end of December, with after tax profits of $1.4 billion for the same period. The unaudited results come just two weeks after the group announced it would be shedding up to 560 jobs as ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 15 FEB 2012
SYDNEY - The Australian market looks set to open lower after further doubt were raised regarding Greece's bailout package and its ability to avoid default, and Moody's ratings cut on six European nations due to the euro zone crisis. At 0817 AEDT on ...