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| | | ... and materials, she said. Commonwealth Bank was the weakest of the big four banks after Wednesday afternoon reports that major lenders could be facing class actions over excessive charges. At 1215 AEST, Commonwealth was up 23 cents, or 0.42 per cent at ... |
| | | | Cuscal has teamed up with J.P. Morgan to provide its retail financial institution clients with a platform to assist with the payment and receipt of foreign currency. The wholesale transactional services provider, which services the majority of Australia's ... |
| | | | MLC has appointed former ING Financial Planning and RetireInvest board member, David Bleakley, as external director to its advice & licences board. Bleakley has more than 30 years experience in wealth management and is a seasoned non-executive director. ... |
| | | | ... significantly slow its growth outlook. And contagion? Yes, there's still China. But cracks are beginning to appear there too. The major positive of this "do-nothing" budget is that the Australian government would be in a better position to do "something" ... |
| | | | ... new set of life tables aimed at providing price benchmarks to insurers. The institute has been collating information from major life insurers for the new life tables, to be released in the second half of this year. It is a big step for the industry. ... |
| | | | ... is simple and transparent. Steuart Roe, chief investment officer of Aurora, did some analysis while he was working with major investment banks and said the approach has been supported by empirical evidence going back to 1968. Research also found that ... |
| | | | ... and services to ME Bank, an agreement signed as the bank, which was founded to serve industry fund members, embarks on a major expansion program. In February, the bank signed a deal with industry fund HOSTPLUS to open a co-branded full service branch ... |
| | | | The Australian stock market is expected to open lower, after a plunges on most major markets around the world last week. At 0739 AEST on the Sydney Futures Exchange, the June share price index contract was 49 points lower at 4,425 points. In economics ... |
| | | | ... in, the emphasis being 'substantial', we have to take to shareholders." Daly stressed that it is not an institution, nor a major accounting firm, and that they have rejected previous offers from institutions. "AFS really values its institutional independence. ... |
| | | | ... portfolios worth $1.8 billion - to fund manager Challenger. While Credit Suisse's investment banking arm continues to be a major player in Australia, its asset management business is only a fraction of its size a few years ago. Besides the recent $1.8 ... |
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