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Showing 3281 - 3290 of 5948 results for "Banks"

Market Wrap

AAP  |  TUESDAY, 21 AUG 2012
... cent to $1.63 after it posted a steady profit result and forecast a similar performance in the year ahead. Among the major banks, Commonwealth Bank was $2.56 lower at $54.79, National Australia Bank had dumped two cents to $24.61, Westpac had sagged ...

Market Wrap

AAP  |  MONDAY, 20 AUG 2012
... CBA was down $1.755, or 3.0 per cent, at $55.595, after paying a final dividend of $1.97. The remainder of the big four banks were higher. Westpac was up 38 cents to $24.88, National Australia Bank had added 27.5 cents to $24.905 and ANZ was 13 cents ...

Advisers urged to discuss structured giving

MELANIE TIMBRELL  |  FRIDAY, 17 AUG 2012
... recognising their role in actively discussing the options available for structured giving. Although trustee companies and private banks have long been in existence, Robertson says that recently launched specialist services designed to assist advisers ...

Life readies for new cap increases

BEN COLLINS  |  FRIDAY, 17 AUG 2012
... in October, after plans for the LAGIC review were first unveiled in May 2009. APRA's guidelines aim to align insurers and banks, preparing insurance companies' capital balances to survive a major financial disaster. New standards for capital balances ...

Global wealth boosts IT spend

LINDA HAUSKEN  |  FRIDAY, 17 AUG 2012
... non-financial institutions, as well as the recent advances made in mobile finance platform technology. "Customer attitude toward banks has changed greatly as a result of the financial crisis. Increasingly, digital channels are being developed to improve ...

Greens plan to fell Westpac-backed logging

MELANIE TIMBRELL  |  FRIDAY, 17 AUG 2012
Greens senator Lee Rhiannon yesterday moved a motion calling on the Government to get involved in the debate over Westpac's financial backing of logging operations in the Solomon Islands. Earlier this week Westpac was identified as the guarantor of ...

Market Wrap

AAP  |  FRIDAY, 17 AUG 2012
... 3,030.93. Sharemarkets in London and Frankfurt were weaker, but the French and Spanish bourses added value. Locally, the major banks have led the gains on Thursday morning following Commonwealth Bank's (CBA) record $7.1 billion profit on Wednesday. The ...

Market Wrap

AAP  |  THURSDAY, 16 AUG 2012
... 3,030.93. Sharemarkets in London and Frankfurt were weaker, but the French and Spanish bourses added value. Locally, the major banks have led the gains on Thursday morning following Commonwealth Bank's (CBA) record $7.1 billion profit on Wednesday. The ...

Super governance Bill passes amid cries of favouritism

BEN COLLINS, MELANIE TIMBRELL  |  THURSDAY, 16 AUG 2012
... which gives the Australian Prudential Regulation Authority (APRA) the same powers over superannuation funds that it has over banks and insurance companies. Passed on Tuesday by a margin of five, The Super Legislation Amendment on Trustee Obligations ...

Storm's victims counselled against settlement

BEN COLLINS  |  WEDNESDAY, 15 AUG 2012
... Securities & Investments Commission (ASIC) to accept an out of court settlement on the pretext that it would enable the banks to avoid scrutiny of their misconduct during the GFC. Levitt expects the value of the compensation claim against the banks associated ...