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Showing 3261 - 3270 of 5458 results for "Dom"

Julius Baer buys Merrill Lynch wealth

MELANIE TIMBRELL  |  FRIDAY, 17 AUG 2012
Swiss private banking group Julius Baer will acquire Merrill Lynch's International Wealth Management business outside the United States from Bank of America. It's understood Julius Baer paid 860 million Swiss francs for the acquisition, which is expected ...

Super governance Bill passes amid cries of favouritism

BEN COLLINS, MELANIE TIMBRELL  |  THURSDAY, 16 AUG 2012
The Federal opposition argues that a scale test on superannuation fund trustees inappropriately favours industry super funds. This comes on the back of legislation passing through Parliament last night, which gives the Australian Prudential Regulation ...

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 ...

Sun setting on the Land of the Rising Sun

BENJAMIN ONG  |  TUESDAY, 14 AUG 2012

Market Wrap

AAP  |  TUESDAY, 14 AUG 2012
The Australian market looks set to open slightly higher despite Wall Street finishing mainly in the red after disappointing economic data out of Japan and Greece and no stimulatory measures from China. At 0753 AEST on Tuesday, the September share price ...

Swan talks up bank reforms for competition

MELANIE TIMBRELL  |  MONDAY, 13 AUG 2012
Treasurer Wayne Swan has talked up the Government's banking reforms, dubbing them "a better banking deal" for consumers amid last week's call for a major financial system review. Former committee member at the Wallis Inquiry, Ian Harper last week issued ...

Fidelity calls rising tide for equities

BEN COLLINS  |  MONDAY, 13 AUG 2012
Having been bearish on equities for the past 18 months, there is growing evidence for cautious optimism on the part of equity investors. Equities have been pushed down by fears of a European crisis, however equity markets have "switched out of panic ...

Doing our bit

BENJAMIN ONG  |  MONDAY, 13 AUG 2012
In my book last week has gotta be one of the boring-est weeks of 2012. But with most equity markets ending on the plus side, boring is good enough for me. Reports that the US economy created 163,000 jobs in July - better than the 100K expected - sent ...

Super funds urged to include macro-level ESG principles

BEN COLLINS  |  THURSDAY, 9 AUG 2012
Institutional investors are increasingly demanding that Environmental, Social and Governance principles be considered in mandate design - and it needs to be from a macro-level, said Solaris Investment Management. "Several of Solaris' institutional clients ...

MFOs take growth from banks

MELANIE TIMBRELL  |  TUESDAY, 7 AUG 2012
Boutique multi-family offices are outgrowing bank-affiliated organisations worldwide, according to a Bloomberg Markets study. Of the top 10 fastest-growing firms ranked, only HSBC Private Wealth Solutions was part of a big bank with the other nine on ...