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

Search Results

Showing 3101 - 3110 of 5948 results for "Banks"

Credit unions mount 'social' battle against banks

MICHELLE BALTAZAR  |  TUESDAY, 19 FEB 2013
... out of three respondents want an independent review of the system. "Australians are angry about the dominance of the major banks," Abacus CEO Louise Petschler said. "[Our] Balance Banking campaign will lobby for change to address the imbalance in banking ...

Market Wrap PM

AAP  |  FRIDAY, 15 FEB 2013
... losing 27 cents to $38.62, while Fortescue Metals Group shed 11.5 cents to $5.275. ANZ was the biggest loser among the major banks, with its stocks dropping 21 cents, or 0.75 per cent, to $27.85 after it said its first quarter net profit had dropped ...

Simple diversification better than 'smart beta'

BEN COLLINS  |  FRIDAY, 15 FEB 2013
... "Everything possible they need to do... they need to do better." Another deciding point will be whether the recapitalisation of banks could happen simultaneously across the euro zone, not just as each country needed help, as government and euro banks ...

Retail investors need new defensive investments

BEN COLLINS  |  FRIDAY, 15 FEB 2013
... head of credit markets at AMP Capital Jeff Brunton. A global low interest rate environment will eventually force Australian banks to pay out less from term deposits, and managed funds could be good be a good replacement, he said. Overseas competitors ...

Beans means Buffet

BENJAMIN ONG  |  FRIDAY, 15 FEB 2013
... signs: Economic indicators are improving as evidenced by the latest PMI reports in the US and elsewhere. The major central banks have pledged and/or are doing 'whatever it takes' reflate their respective economies. Weight of money. It's rotating out ...

CBA wealth division posts strong rise in profits

MARK SMITH  |  THURSDAY, 14 FEB 2013
... and as a major financial institution we must remain cautious. "The long term effects of the strategies of overseas central banks to restore stability are uncertain. But if the current stability continues, we believe it will translate into a slow but ...

Market Wrap PM

AAP  |  WEDNESDAY, 13 FEB 2013
... December, and increased its dividend to shareholders by 20 per cent. That caused a strong rise among shares in all the major banks, after several months of steady gains. "That result from CBA was what was needed really to push those banks further on," ...

Pepper acquires Spanish loan business Celeris

LAURA MILLAN  |  WEDNESDAY, 13 FEB 2013
... provider of personal loans and sales finance founded in 2006 and it is owned by a consortium of leading Spanish savings banks and financial institutions. Pepper announced today that the operation is scheduled to be completed on February 28, and will ...

Super fund return expectations unrealistic

MARK SMITH  |  WEDNESDAY, 13 FEB 2013
... global risks have temporarily eased, rather than by a change in fundamentals. "There's still little earnings growth, the banks are showing no lending growth and we've downgraded our GDP forecasts for the Australian economy over this year and next from ...

UBS and ME Bank launch high interest cash account

LAURA MILLAN  |  WEDNESDAY, 13 FEB 2013
... for superannuation funds, but it uses ME Bank high interest cash accounts. "We can provide the same interest than other banks, but thanks to our alliance with ME Bank, clients can get paid at a much higher rate," Dunbar said. ME Bank's group executive ...