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Showing 7161 - 7170 of 17960 results for "Bank"

NAB sells insurance business to Nippon Life

LAURA MILLAN  |  WEDNESDAY, 28 OCT 2015
National Australia Bank (NAB) has sold 80% of its MLC life insurance business to Japanese insurer Nippon Life for $2.4 billion. NAB will retain ownership of its superannuation, platforms, advice and asset management businesses. It will also retain the ...

Hotel California

BENJAMIN ONG  |  TUESDAY, 27 OCT 2015
Ho ho ho and ha ha ha. The truth is out. Wall Street dipped overnight and so did the Euro Stoxx 50 - after their strong gains of the past week because, wait for it......because investors suddenly realised that the ECB and the PBOC's early Christmas ...

AMP appoints ESG analyst

LAURA MILLAN  |  MONDAY, 26 OCT 2015
AMP Capital has appointed a senior investment analyst to its Environmental, Social and Governance (ESG) investment research team to increase the manager's focus on corporate governance. Kristen Le Mesurier will report to head of ESG research Ian Woods ...

Women to inherit 70% of intergenerational wealth: report

MICHELLE BALTAZAR  |  MONDAY, 26 OCT 2015
... intergenerational wealth transfer. This year ANZ launched a major initiative addressing equality and women's rights. A bold step for the bank, measures introduced included additional co-contribution payments for eligible female staff, a new policy to ...

Christmas in October

BENJAMIN ONG  |  MONDAY, 26 OCT 2015
... why..." Central banks are coming to town - and they've loaded lots of toys and goodies on their sleigh. Back to back central bank stimulus measure surprises - promised and actual - sent investors a-carolling last week. More stimulus is on the way! This ...

Santa Mario brings cheers

BENJAMIN ONG  |  FRIDAY, 23 OCT 2015
... days before, most have given up expecting more goodies from "Super 'whatever it takes' Mario". No mas, not after the ECB's Bank Lending Survey showed that QE is doing what's intended to do - ease lending conditions. So 'twas baby what a big surprise ...

TWU attacks retail super funds over board governance

DARREN SNYDER  |  THURSDAY, 22 OCT 2015
... board governance, TWU said industry super funds provide better returns for their members and have significantly outperformed bank-owned funds over the past 25 years. The attack comes after the House of Representatives passed the superannuation trustee ...

NAB to offer mFund trading

LAURA MILLAN  |  THURSDAY, 22 OCT 2015
National Australia Bank (NAB) is the first of the big four banks to offer ASX's mFund Settlement Service. Clients of NAB Asset Management, nabtrade and NAB Asset Servicing (NAS) will be able to trade mFunds at the end of the year. The announcement came ...

NAB pays $1.7 million in compensation

ALEX BURKE  |  THURSDAY, 22 OCT 2015
NAB has paid $1.7 million in compensation so far as part of its Customer Response Initiative. This follows on from the bank's August update, where it announced it would write to customers who had suffered "financial loss caused by inappropriate advice ...

Sunrise, sunset

BENJAMIN ONG  |  THURSDAY, 22 OCT 2015
... outperformance could be due to the improving Japanese economy - the "three arrows" are hitting their mark. That is if you believe the Bank of Japan's (BOJ) optimistic rhetoric that, "Japan's economy has continued to recover moderately" and "On the domestic ...