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Showing 571 - 580 of 921 results for "NAR"

No drama at the RBA

BENJAMIN ONG  |  TUESDAY, 2 SEP 2014
The nine distinguished men and women that comprise the Board of the Reserve Bank of Australia (RBA) meets today to deliberate on monetary policy settings apropos (wooh-hoo, big word) for Australia given current domestic and international dynamics. Pardon ...

Market Wrap AM

AAP  |  THURSDAY, 21 AUG 2014
The Australian market looks set to open higher after solid gains on Wall Street overnight. At 0654 AEST on Thursday, the September share price index futures contract was up 21 points at 5,527. Wall Street stocks have finished mostly higher as US Federal ...

Greens slam CBA executives pay rise

LAURA MILLAN  |  TUESDAY, 19 AUG 2014
Top Commonwealth Bank (CBA) executives should have frozen their salaries or even taken a pay cut while the compensation process for thousands of victims of poor financial advice remains ongoing, Greens Senator Peter Wish-Wilson said. "It is not a good ...

Fear me not

BENJAMIN ONG  |  MONDAY, 18 AUG 2014
Geopolitical tensions ease, geopolitical tensions boil, geo-political tensions ease, geo-political tensions boil, geo-political... Financial markets continue to seesaw on this, just like they did with QE (I, II and III) on/QE (I, II and III) off and ...

CBA dismisses Murray's concerns over vertical integration

LAURA MILLAN  |  THURSDAY, 14 AUG 2014
Commonwealth Bank (CBA) chief executive Ian Narev dismissed concerns expressed by the Financial System Inquiry (FSI) interim report that Australia's big institutions control both the manufacturing and distribution of financial products. "We need to ...

CBA appoints international experts to oversee advice program

LAURA MILLAN  |  MONDAY, 11 AUG 2014
Jeff Carmichael's Promontory Financial Group has been appointed independent expert for the Commonwealth Bank's (CBA) Open Advice Review program. The appointment follows a series of announcements made ahead of the company results, which will be released ...

CBA sees two top execs step down

LAURA MILLAN  |  FRIDAY, 8 AUG 2014
Commonwealth Bank (CBA) chief executive Ian Narev has confirmed that two members of the group's senior executive team will step down. CBA group executive of business and private banking Grahame Petersen will retire at the end of 2014 after nearly 35 ...

Market wrap PM

AAP  |  WEDNESDAY, 6 AUG 2014
The Australian stock market is lower as fears of an escalation of the Ukraine conflict and a potential move by the US Federal Reserve to increase interest rates impacts the local exchange. The market impact of reports Russia is massing troops on the ...

CBA whistleblower casts doubts over compensation scheme

LAURA MILLAN  |  THURSDAY, 24 JUL 2014
Former Commonwealth Bank (CBA) planner and whistleblower Jeff Morris has expressed concern over a number of aspects of the bank's Open Advice Review program to compensate victims of bad advice. The adviser, who blew the whistle on cases of advice misconduct ...

FSI asks industry to consider greater ASIC powers

MARK SMITH  |  TUESDAY, 15 JUL 2014
The Financial System Inquiry (FSI) Committee, headed up by chairman David Murray, has questioned whether the Australian Securities and Investments Commission (ASIC) requires greater powers to better monitor Australia's financial services industry. In ...