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Showing 6981 - 6990 of 17960 results for "Bank"

ANZ cash profit up, net down

ALEX BURKE  |  WEDNESDAY, 17 FEB 2016
ANZ has announced an unaudited cash profit of $1.85 billion in the three months to 31 December 2015, up 4% on the prior corresponding period. Statutory net profit was $1.6 billion, down slightly from the $1.65 billion reported for the December 2014 ...

Dear Chancellor

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2016
... required to send an open letter to the Chancellor explaining why inflation has moved away from target and what action the Bank is taking to bring inflation back to target. The Chancellor usually responds to the Governor with an open letter of his own." ...

Advisers halt HNW slide

MARK SMITH  |  TUESDAY, 16 FEB 2016
There are signs that advisers have recovered from last year's slide in the number of high net worth investors (HNWs) using their services. According to a recent Investment Trends survey of around 3000 HNWs with a combined $11.5 billion in investible ...

"More focused" NAB lifts profit

MARK SMITH  |  TUESDAY, 16 FEB 2016
An 8% rise in quarterly cash earnings saw National Australia Bank (NAB) post cash profit to $1.5 billion for the December quarter. Total cash earnings for the period stood at $1.7 billion owing to increased margins and a halving of bad debts. "Our performance ...

More negatives

BENJAMIN ONG  |  TUESDAY, 16 FEB 2016
... meeting when the BOJ Board decided to take interest rates down from positive 0.1% to negative 0.1%, the Japanese central bank promised that "It will cut the interest rate further into negative territory if judged as necessary". The latest GDP growth ...

Men more confident than women in managing SMSFs

MARK SMITH  |  MONDAY, 15 FEB 2016
... are less confident than men in managing their fund (83% to 62%), according to new research report produced by Commonwealth Bank and the SMSF Association. Released ahead of the SMSF Association's annual conference in Adelaide this week, the report surveyed ...

IRESS creates new senior product role

MARK SMITH  |  MONDAY, 15 FEB 2016
... helped embed user experience and design principles within IRESS' product development process. She joined IRESS from Macquarie Bank where she spent nine years in senior strategy and customer experience roles including as head of customer experience - ...

Gold starts to glisten (like 2008?)

BENJAMIN ONG  |  MONDAY, 15 FEB 2016
... But like the outlook for all other asset classes and economies, whether gold's ascent persists depends largely on central bank responses... and market confidence on the effectiveness of these policy responses.

Who can dig a deeper hole?

BENJAMIN ONG  |  FRIDAY, 12 FEB 2016
... concludes: "...first in Denmark, and soon everywhere else in Europe, a situation has now emerged where savers who pay the bank to hold their cash courtesy of negative deposit rates, are directly funding the negative interest rate paid to those who wish ...

CBA result boosted by wealth division

MARK SMITH  |  THURSDAY, 11 FEB 2016
Strong performance from the wealth management division contributed materially to the 4% rise in Commonwealth Bank's half-year cash profit, with CommInsure performing particularly well. Growth in insurance and funds management income of 17% and 6%, respectively ...