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Showing 7501 - 7510 of 17960 results for "Bank"

Property bubble debate heats up

LAURA MILLAN  |  TUESDAY, 2 JUN 2015
... priced areas in Melbourne." Fraser joined the Australian Prudential Regulation Authority (APRA), which recently reviewed bank lending standards for property investors and last December warned lenders not to increase investor loans by more than 10% a ...

CBA granted renminbi licence

STAFF WRITER  |  TUESDAY, 2 JUN 2015
Commonwealth Bank has been granted a renminbi (RMB) licence for its Shanghai Branch by the China Banking Regulatory Commission (CBRC). The licence enables the bank to broaden its institutional offering to incorporate all aspects of trade and investment ...

BTIS makes two senior hires

MARK SMITH  |  TUESDAY, 2 JUN 2015
... held investment strategy roles with Macquarie in Hong Kong and Australia and was previously an economist with the Reserve Bank of Australia. He starts on 29 June. In the other major appointment, Ron Mehmet has been promoted to head of sector portfolio ...

Henderson acquires IOOF's Perennial

LAURA MILLAN  |  TUESDAY, 2 JUN 2015
... This puts Henderson ahead of fund managers such as Dexus Property Group, Wellington Asset Management or National Australia Bank's funds management division, according to the latest Rainmaker Information Advantage Report from December 2014. "These acquisitions ...

Market to open higher

AAP  |  TUESDAY, 2 JUN 2015
... 0642 AEST on Tuesday, the June share price index futures contract was up 15 points at 5,745. Locally on Tuesday, the Reserve Bank holds its monthly board meeting and is widely expected to keep the cash rate unchanged after cutting it to a new record ...

NAS loses VFMC, retains VicSuper

MARK SMITH  |  MONDAY, 1 JUN 2015
Victorian Funds Management Corporation (VFMC) has appointed State Street as its custodian and administrator, ending a 21 year relationship with its previous custodian, NAB Asset Servicing. VFMC, which has $50 billion in funds under management, said ...

Winter of our discontent

BENJAMIN ONG  |  MONDAY, 1 JUN 2015
... does not show the same slowing trend when the Statistician releases the National Accounts numbers this Wednesday. Already, Bank of America Merrill Lynch chief economist Saul Eslake, has lowered his first quarter growth forecast from 0.5% to 0.3% -- the ...

Bargain hunters drive strong market gains

AAP  |  FRIDAY, 29 MAY 2015
... rates may go down again have partly spurred this." The big four banks were among the better performers, with Commonwealth Bank up $1.80 at $85.30, ANZ up 54 cents at $33.26, National Australia Bank up 61 cents at $34.05 and Westpac 73 cents higher at ...

Expect no pay rises this year: report

MARK SMITH  |  FRIDAY, 29 MAY 2015
Most salaries in the financial services, accounting and banking industries will increase by no more than the rate of inflation in 2015, according to a wide ranging remuneration report by recruitment firm Robert Walters. In the 505 page report, which ...

Uncertainty over JPM job cuts in Australia

LAURA MILLAN  |  FRIDAY, 29 MAY 2015
... spokesperson told Financial Standard, when asked to comment on information published by the Wall Street Journal that the investment bank is considering 5,000 job cuts to its global business. The spokesperson noted that JPM has been making local senior ...