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Showing 321 - 330 of 480 results for "Australian Bank"

Covered bonds losing their shine: S&P

MELANIE TIMBRELL  |  FRIDAY, 27 JAN 2012
Domestically, the newly issued covered bonds of the Big 4 are proving popular with investors, despite Standard & Poor's latest assessment that the sector is "losing some of its lustre." The rating agency released its outlook for 2012 predicting a "bumpy ...

FSU slams banking sector cost cutting plans

CLAIRE MCGREAL  |  TUESDAY, 17 JAN 2012
The Finance Sector Union, representing workers at Australia's big four banks, said job cuts in the banking industry cannot be justified. Reports today claim thousands of bank jobs could be on the line over the next two years as part of major cost cutting ...

Market Wrap

AAP  |  WEDNESDAY, 30 NOV 2011
The Australian share market had moved into positive territory by noon as bank shares recovered from a weak opening. At 1220 AEDT on Wednesday, the benchmark S&P/ASX200 index was up 11.6 points, or 0.28 per cent, at 4,113.7, while the broader All Ordinaries ...

Westpac Group restructure, Coombe resigns

CLAIRE MCGREAL  |  THURSDAY, 24 NOV 2011
Westpac has announced a major group structural shake-up, which sees the creation of two new divisions, senior appointments and the resignation of group executive Rob Coombe. The new Australian Financial Services (AFS) division combines Westpac Retail ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 16 NOV 2011
Australian shares were marginally higher at noon as a positive lead from the US was counterbalanced by continued worries about Europe's debt problems. At noon, the benchmark S&P/ASX200 index was up 5.1 points, or 0.12 per cent, at 4,290.7 points, while ...

Investment the way of the future, says ANZ chief economist

CLAIRE MCGREAL  |  FRIDAY, 11 NOV 2011
The demise of Europe, the rapid incline of Chinese growth and where Australia stands in all of this, were key topics of discussion for economists at the ASFA conference. According to Mark Thirlwell, director of international economy program, Lowy Institute ...

APRA: Investment world still clouded with uncertainty

CLAIRE MCGREAL  |  MONDAY, 7 NOV 2011
Most superannuation funds earned positive returns at the end of this financial year for the second year in a row, thanks to a recovery in equity markets and higher fixed interest earnings over much of 2010/11. But, warns APRA, there are dangers ahead. ...

Market Wrap - Midday

AAP  |  THURSDAY, 13 OCT 2011
The Australian share market opened slightly higher, with broad-based gains against a positive international backdrop of growth. At the open (AEDT), the benchmark S&P/ASX200 index gained 40.8 points, or 0.97 per cent, at 4,245.1 and the broader All Ordinaries ...

Market Wrap - Midday

AAP  |  TUESDAY, 4 OCT 2011
... shed value, with Commonwealth Bank down 1.5 per cent to $43.21 and Westpac 2.1 per cent lower at $19.09. National Australian Bank fell 2.9 per cent to $21.00, and ANZ lost the least, down 0.9 per cent to $19.77. The December share price futures index ...

Market Wrap - Midday

AAP  |  FRIDAY, 16 SEP 2011
... returned. Financial stocks were up 2.6 per cent, with all the major retail banks trading higher. The National Australian Bank gained the most ground, rising three per cent, or 67 cents, to $23.00. Turnover was 806.96 million shares changing hands for ...