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Showing 3781 - 3790 of 6251 results for "December 29"

ANZ CEO sells shares to fund debt, tax

BEN COLLINS  |  MONDAY, 27 AUG 2012
ANZ chief executive officer Michael Smith has sold $10.8 million worth of shares in the bank. In a statement to the Australian Securities Exchange (ASX) on Friday, ANZ said that Smith sold the shares "to fund a forthcoming income tax payment and to ...

BetaShares expands coverage

MARK STORY  |  MONDAY, 27 AUG 2012
BetaShares has significantly expanded its distribution coverage since the beginning of 2012 with its ETFs now available on a much larger list of dealer group approved product lists and on multiple platform menus. This year there have been 54 counts ...

Commbank knew of potential Storm collapse: lawyers

BEN COLLINS  |  WEDNESDAY, 22 AUG 2012
Lawyers for victims of the Storm Financial collapse said they have uncovered a document which proves that the Commonwealth Bank knew investors would lose their money during the global financial crisis. Barrister Tony Morris told the Federal Court in ...

Write-down clouds Bendigo's 43% profit tumble

BEN COLLINS  |  MONDAY, 20 AUG 2012
Bendigo and Adelaide Bank will be running a tight ship, after announcing a 43% decline in full-year profit this morning. The bank said that its $195 million profit was affected by a $95 million write-off of goodwill in December 2011, after declines ...

Storm's victims counselled against settlement

BEN COLLINS  |  WEDNESDAY, 15 AUG 2012
Stewart Levitt, the lawyer representing victims of the failed Storm Financial Group has advised clients not to accept an out-of-court settlement, should one be offered. Levitt advised his clients not to support any move by the Australian Securities ...

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 ...

Brierley bids for wound-down scheme

BEN COLLINS  |  WEDNESDAY, 8 AUG 2012
A corporate raider has made a bid for Adelaide Managed Funds Asset Banked Yield Trust, a managed investment scheme in wind-down mode. Mercantile Investments is offering 5.5 cents per share in the fund - for the 87% of units that it does not already ...

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 ...

ACSA lends weight to ASIC tech focus

MELANIE TIMBRELL  |  THURSDAY, 2 AUG 2012
Custody and asset administration body ACSA has said that while it supports the regulator's focus on technology, it is engaging with ASIC around expectations concerning some aspects of custodian behaviour. The Australian Custodial Services Association ...

North to offer bank deposit rebates

LINDA HAUSKEN  |  MONDAY, 30 JUL 2012
AMP is set to offer clients a rebate on term deposit administration fees on its North platform until the end of the year. North is a comprehensive full service platform that includes multi-manager funds, managed funds, online direct share trading, exchange ...