Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 7471 - 7480 of 17960 results for "Bank"

Rising bond yields a blip

DARREN SNYDER  |  FRIDAY, 12 JUN 2015
... recession in Australia is still small but higher than it was earlier this year. He said the risk will be worrying the Reserve Bank of Australia (RBA) and means the next move in the Australian cash rate is most likely to be downwards. "Meaning that Australian ...

Executive appointment round-up

STAFF WRITER  |  FRIDAY, 12 JUN 2015
... Westpac restructure sees senior exec depart - Group executive of retail and business banking, Jason Yetton, is leaving the bank as two new divisions, headed by George Frazis and David Lindberg, are created. Bennelong appoints insto distribution director ...

Market to open flat

AAP  |  FRIDAY, 12 JUN 2015
... per cent, or 78.10 points, to 5,556.70. Seoul ended 0.26 per cent higher, adding 5.29 points to 2,056.61, after the central bank cut its key interest rate in a bid to boost the economy, which has been hit by an outbreak of the deadly MERS virus. Shanghai ...

Almost everyone got a bonus this year, report reveals

MARK SMITH  |  THURSDAY, 11 JUN 2015
... their bonus. The satisfaction level seems to be higher in asset management (67%) and insurance (60%), whilst broking, retail bank, investment bank and wealth management were under 40%. Dominic Bareham, associate director of financial services, accounting ...

Westpac adviser sets up private wealth firm

LAURA MILLAN  |  THURSDAY, 11 JUN 2015
... logical next step," following 15 years as a salaried adviser at Westpac, in which he run a practice within Westpac Private Bank. He told Financial Standard that being licensed under Securitor blends "the best of both worlds." "Integral Private Wealth ...

SMSF allocation to Aussie equities hits year-low

LAURA MILLAN  |  THURSDAY, 11 JUN 2015
Self-managed super fund (SMSF) allocation to Australian equities has dropped to a year-low, as investment in international shares increases. The latest AMP-owned Multiport SMSF Investment Patterns Survey shows that allocation to Australian equities ...

BOJ in (tactical) retreat

BENJAMIN ONG  |  THURSDAY, 11 JUN 2015
... we have to do now is kick back, relax and await the official "deal" announcement. Speaking of announcements, the Reserve Bank of New Zealand (RBNZ) announced an unexpected cut in its official cash rate from 3.5% to 3.25% -- the first rate reduction since ...

Market to open higher

AAP  |  THURSDAY, 11 JUN 2015
... cent. Banking shares also thrived. Dow members JPMorgan Chase and Goldman Sachs jumped 1.6 per cent and 2.0 per cent, while Bank of America added 1.6 per cent. LONDON - Europe's main stock markets have rebounded, reversing earlier losses as investors ...

Market flat at noon

AAP  |  WEDNESDAY, 10 JUN 2015
... the process resuming last night of bond yields rising." Among the banks, Westpac had lost 20 cents to $31.15, Commonwealth Bank had fallen 13 cents to $79.69, ANZ shed seven cents to $31.09 but National Australia Bank advanced 12 cents to $31.72. In ...

Actuaries say super taxes need to be reviewed

DARREN SNYDER  |  WEDNESDAY, 10 JUN 2015
... adequate retirement - stated in terms of income, rather than lump sums." It also suggests no changes to tax arrangements for bank accounts that would provide incentives for retirees to remove their money from the super system "as this would impose longevity ...