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BENJAMIN ONG  |  TUESDAY, 7 JUN 2011

Market Wrap

AAP  |  MONDAY, 6 JUN 2011
... price of gold in Sydney was trading at $US1543.00 per fine ounce, up $US11.59 on Friday's closing price of $US1,541.41. Banks and diversified financials traded in negative territory, led by ANZ Banking Group, which lost 14 cents, or 0.66 per cent to ...

NAB Private Wealth winners at private banking awards

RACHEL DAVIS  |  FRIDAY, 3 JUN 2011
... Relationship Manager categories rewards the work we have done to enhance the capabilities and service levels available from private banks across Australia."

Market Wrap

AAP  |  THURSDAY, 2 JUN 2011
... other commodities were weaker. "I suspect the bigger companies will come down with what happened in the US, so BHP, Rio, the banks, even the big energy companies, Woodside and Santos, are going to come back a little bit today," he said. "I'm not expecting ...

Industry funds, independent platforms stand up for FOFA reforms

ALISON BEVEGE  |  WEDNESDAY, 1 JUN 2011
... away. "They really think it's OK not to see people for 10 years and still charge for advice?" she said. McKeage said major banks and platforms had worn a path down to Canberra to get their views heard and that consumers had been lost. "For really good ...

Rejoice for May has gone away

BENJAMIN ONG  |  WEDNESDAY, 1 JUN 2011
... Italy - and soon, the entire Eurozone. Oh and in case you've forgotten QE2 is ending this month and emerging market central banks - led by China - are still in tightening mode. No worries, Ben will be there to ensure that by hook or by crook, rightly ...

Aussie downgrades likely as S&P reviews rating system

ALISON BEVEGE  |  TUESDAY, 31 MAY 2011
... agency Standard and Poor's is reviewing its rating methods, a move likely to lead to downgrades not only of the Big Four banks but of Australia's entire banking industry. The ratings agency has been canvassing industry opinion from around the world on ...

Market Wrap

AAP  |  MONDAY, 30 MAY 2011
... profit reports. At 1037 AEST, BHP Billiton was down two cents at $44.10, while Rio Tinto was up 64 cents at $81.34. The major banks were in negative territory, with Commonwealth down 31 cents at $50.66, NAB down eight cents at $26.29, ANZ down eight ...

BTFG new head of prac mgmt

ELISE BURGESS  |  MONDAY, 30 MAY 2011
BT Financial Group has appointed its new head of practice management with plans to expand its key planner services. Wes Hall will lead of team of 104 that will conduct reviews and consider products, quality and compliance across all BT brands with regulatory ...

NZ bank credit ratings cut, outlook stable

ALISON BEVEGE  |  MONDAY, 30 MAY 2011
New Zealand's major banks had their credit ratings cut by Moody's Investors Services on Friday as the rating's agency followed through on an earlier downgrade of their Australian parent institutions. ANZ National Bank, ASB Bank (subsidiary of Australia's ...