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

Search Results

Showing 3641 - 3650 of 5260 results for "SCA"

ANZ wealth division profits up 11%

MARK SMITH  |  THURSDAY, 1 MAY 2014
An 11% increase in ANZ's global wealth division's profit has contributed to the banking group's strong overall half-year result. In an announcement on the Australian Securities Exchange (ASX), the group reported a 15% climb in statutory profit to $3.4 ...

Japan's 1997 deja vu

BENJAMIN ONG  |  TUESDAY, 29 APR 2014
Despite market optimism over 'Abenomics' and widespread expectations that the Bank of Japan (BOJ) would eventually announce further expansion of monetary policy, Japan's stock market continues to trend lower. The Nikkei-225 index has sunk by 11.4% so ...

Larry Fink pays tribute to Australian super system

MARK SMITH  |  THURSDAY, 24 APR 2014
BlackRock chairman and chief executive Larry Fink has endorsed Australia's superannuation system in a recent letter to shareholders. As the world's largest asset manager celebrates its 25th anniversary, Fink's note highlighted the unpreparedness of ...

Consumers reluctant to use online advice

LAURA MILLAN  |  WEDNESDAY, 23 APR 2014
Consumers do not trust online advice and still prefer to meet their financial planner face to face. A Financial Services Council (FSC) research into consumers' digital engagement with superannuation and wealth management found that only 13% of Australians ...

What is the future of transition management?

JAMES FERNYHOUGH  |  WEDNESDAY, 16 APR 2014
The recent departure of J.P. Morgan from the transition management space - following the departure of Credit Suisse, BNY Mellon and Convergex - has brought the future of this under-the-radar industry into question. The departure of these four players ...

Flash Boys is 'complete nonsense': CMCRC

MARK SMITH  |  WEDNESDAY, 16 APR 2014
A recent high-profile book criticising high frequency trading (HFT) has been branded 'nonsense' by the Capital Markets Cooperative Research Centre (CMCRC) with the group urging regulators not to respond to the scaremongering. The research body has released ...

SMSFs want access to infrastructure and corporate bonds

JAMES FERNYHOUGH  |  MONDAY, 14 APR 2014
The Financial System Inquiry should look into ways of making direct investment in infrastructure and corporate bonds more accessible to self-managed super funds (SMSFs), the SMSF Professionals' Association of Australia (SPAA) has argued. SMSFs currently ...

Investec to sell local professional banking arm

MARK SMITH  |  FRIDAY, 11 APR 2014
Investec will offload its Australian professional banking division to Bank of Queensland for $440 million. The jettisoned professional finance division includes Investec's deposits business, and its asset finance and leasing businesses in Australia. ...

Dumping dear momos

BENJAMIN ONG  |  FRIDAY, 11 APR 2014
Uh-oh, are we in trouble now (again)? Wall Street had a big fall overnight providing evidence to those who claim the previous day's bounce was that of a deceased feline. Reports are it's about the rotation out of dear (as in expensive not the lovey-dovey ...

EQT to buy ANZ Trustees for $150m

MARK SMITH  |  THURSDAY, 10 APR 2014
ANZ will sell its ANZ Trustees business to Equity Trustees (EQT) and form a new strategic relationship with the financial services provider involving a range of client referral and service arrangements. The transaction is expected to be completed in ...