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Showing 5961 - 5970 of 9320 results for "Red"

Thousands of finance workers face axe: FSU

ALICE URIBE  |  FRIDAY, 30 AUG 2013
Several thousand jobs could be at risk in the financial services industry, despite the sector being in strong shape according to the Finance Sector Union of Australia (FSU). The media and communications manager at the FSU Leanne Shingles said that last ...

Growth and QE - will this time be different?

BENJAMIN ONG  |  FRIDAY, 30 AUG 2013
This is it...it's all systems go! There's only one conclusion that can be concluded from the upward revision in second quarter US real GDP growth - up at annualised rate of 2.5% from the prelim 1.7% estimate - and Wall Street's positive reaction to ...

NAB denies "new" offshoring program in face of job loss figures

ALICE URIBE  |  THURSDAY, 29 AUG 2013
National Australia Bank (NAB) has denied that it has a "new" offshoring program, despite a Finance Sector Union of Australia (FSU) tally stating that 133 jobs had been offshored this year. According to an FSU tally NAB has axed 571 staff, as the bank ...

Perpetual profits boosted by cost savings initiative

MARK SMITH  |  THURSDAY, 29 AUG 2013
Perpetual has reported a huge profit jump as cost savings from its Transformation 2015 overhaul were realised. Statutory net profit after tax for the full year to 30 June stood at $61 million, up 128% on the previous year. Underlying net profit after ...

Delay of execution

BENJAMIN ONG  |  THURSDAY, 29 AUG 2013
I thought this would happen, but not to happen so soon. Yes Virginia, Wall Street's reaction to the looming war with Syria is playing out according to the script of the 1991 Iraq War and its 2003 sequel. There's the sell orders that comes with the anxiety ...

Coalition to save $1.6bn via SG delay

AAP & ALICE URIBE  |  WEDNESDAY, 28 AUG 2013
The Coalition has confirmed that it will make $1.6 billion budget saving A by delaying the increase of the compulsory superannuation guarantee from 9% to 12%. After pressure from Labor shadow treasurer Joe Hockey released a seven-page document that ...

NAB continues wealth division reshuffle

LAURA MILLAN  |  WEDNESDAY, 28 AUG 2013
NAB is reshuffling its wealth management division after revealing redundancies of key roles and has appointed a new general manager of Advice Partnerships. Former Godfrey Pembroke general manager Peter Smith will take over the role of manager of Advice ...

Problems, problems, problems

BENJAMIN ONG  |  TUESDAY, 27 AUG 2013
"Problems, problems, problems all day long Will my problems work out right or wrong..." -Everly Brothers Ahhh, the 'ber' months...they're almost here.A And true to form problems in the investment landscape are multiplying.A Statistics show that September ...

Market Wrap AM

AAP  |  TUESDAY, 27 AUG 2013
... cent) to 1,656.78 and the tech-rich Nasdaq Composite slipped 0.22 (0.01 per cent) to 3,657.57. The markets ended firmly in the red after trading solidly higher for most of the day, but volumes were very low. The sell-off came immediately after Kerry ...

Suncorp outsources custody to NAB

JAMES FERNYHOUGH  |  MONDAY, 26 AUG 2013
Suncorp has outsourced its entire custody and investment administration operations to National Australia Bank's custody arm, NAB Asset Servicing. Both Suncorp and NAB have said very little about the deal, and would not comment on suggestions that it ...