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Showing 661 - 670 of 820 results for "Group of 20"

MLC takes earnings hit

MICHELLE BALTAZAR  |  TUESDAY, 28 APR 2009
NAB-owned wealth management arm MLC reduced its workforce by 5.4 per cent in the six months to March as bad markets and lower management fees took their toll on half-year earnings. In an ASX half-year statement released this morning, NAB announced that ...

AllianceBernstein wins Treasury mandate

RUTH LIEW  |  MONDAY, 27 APR 2009
AllianceBernstein has won a US Treasury mandate to manage assets issued by banks and other institutions involved in the Capital Purchase Program under the Emergency Economic Stabilisation Act. AllianceBernstein is one of three firms selected to manage ...

BT winds up Global Return fund

MICHAEL HOBBS  |  TUESDAY, 21 APR 2009
BT Investment Management is winding up its $870 million BT Global Return fund three months after it suspended applications into and redemptions from the fund. In a statement from the firm, BT Investment Management said the fund will be closed to all ...

Cutting SG a disaster: Keating

RUTH LIEW  |  THURSDAY, 16 APR 2009
Allowing SG to be lowered, even just temporarily to help stimulate the economy, would be an economic disaster, warned former Australian Prime Minister, Paul Keating. At the end of last year, a group of economists lead by Nick Gruen, principal of the ...

The Indians are coming

WITH THESHEET.COM.AU  |  WEDNESDAY, 15 APR 2009
Australian financial institutions looking to expand into the Indian sub-continent are being outflanked by a rush of Indian institutions announcing rapid plans to open offices Down Under. According to The Sheet banking industry newsletter, two of India's ...

Charged for no AFSL

ASIC RELEASE  |  TUESDAY, 14 APR 2009
ASIC has commenced proceedings against four former Queensland directors who dealt in financial products, including Westpoint promissory notes, without an Australian financial services licence (AFSL). Barry William Silver, of Arundel, Robert Peers Button ...

Market Wrap - Morning

AAP  |  MONDAY, 6 APR 2009
The Australian share market is expected to open higher following a positive lead from Wall Street and most other world markets on Friday. At 0730 AEST on the Sydney Futures Exchange, the March SPI futures index was up 33 points at 3,773. In economic ...

VFMC chief Syd Bone leaves

RUTH LIEW  |  WEDNESDAY, 1 APR 2009
Sydney Bone, chief executive officer of the $32 billion Victorian Funds Management Corporation, has resigned - marking the continued reshuffle of senior management within the investment firm. Bone, who was appointed chief executive of VFMC in 2004 after ...

Market Wrap - Morning

AAP  |  TUESDAY, 31 MAR 2009
The Australian share market is expected to open lower with US and European stock markets experiencing heavy falls on weaker economic sentiment. At 0725 AEDT on the Sydney Futures Exchange, the March SPI futures index was down 57 points at 3,559. In ...

Market Wrap - Morning

AAP  |  FRIDAY, 20 MAR 2009
The Australian share market is expected to open marginally higher on Friday despite a fall in US stocks overnight. Gold, silver, copper and oil prices leapt higher overnight. At 0659 AEDT, on the Sydney Futures Exchange, the March SPI futures index ...