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Showing 7541 - 7550 of 17960 results for "Bank"

Forget Australia, head stateside for property yield

LAURA MILLAN  |  THURSDAY, 21 MAY 2015
... the most sought after for its income paying characteristics," the analysts said. With sector valuations high, the Reserve Bank of Australia (RBA) lowering rates and the US QE program finished, investors might move away from Australian property and back ...

NAB upgrades advice compensation program

LAURA MILLAN  |  THURSDAY, 21 MAY 2015
National Australia Bank (NAB) has upgraded the compensation program for victims of bad advice with the appointment of a consumer advocate. University of NSW professor of Law Dimity Kingsford Smith will act as a consumer advocate within NAB Wealth's ...

AMP deflects ASIC attack reports

ALEX BURKE  |  THURSDAY, 21 MAY 2015
Australia's largest financial planning institution, AMP, has distanced itself from reports it's being specifically targeted in an ASIC investigation. Unconfirmed sources suggested AMP had received instruction from ASIC to provide transactional and product ...

Australia's super pool now more than $2 trillion

DARREN SNYDER  |  THURSDAY, 21 MAY 2015
... average annual returns to industry super funds in the not-for-profit sector have been about 2% higher than average returns to bank-owned funds over the last 11 years. Industry Super Australia chief executive, David Whiteley, said the 2% gap was a concern ...

Don't put all QE in the same basket: AXA

LAURA MILLAN  |  WEDNESDAY, 20 MAY 2015
... impact in the real economy, Tinker said. But QE is not having an impact on the European economy yet. The European Central Bank (ECB) is "buying the long dated bonds. But institutions are not recycling that cash back into the real economy and that's one ...

Miners weigh on share market

AAP  |  WEDNESDAY, 20 MAY 2015
... lost 11 cents to $2.11, while BHP offshoot South32 eased four cents to $2.29. The major banks were mixed. National Australia Bank had shed 10 cents to $33.57, ANZ added nine cents to $32.09, Commonwealth Bank lifted 31 cents to $83.16, and Westpac gave ...

Liquidnet to launch first fixed income dark pool

LAURA MILLAN  |  WEDNESDAY, 20 MAY 2015
Liquidnet will launch its first fixed income trading platform in Europe and the United States in the next couple of months, following the acquisition of Vega-Chi in 2014. The organisation is already starting to build a pool of liquidity that will allow ...

Tug o' currency war

BENJAMIN ONG  |  WEDNESDAY, 20 MAY 2015
... "enough is enough and enough is too much". The euro has strengthened enough and it's become too much for the European Central Bank (ECB). Enter Executive Board member BenoA(R)t CoeurA(C) announcing that, "The Eurosystem is taking this [less market liquidity ...

Market Wrap AM

AAP  |  WEDNESDAY, 20 MAY 2015
... AEST on Wednesday, the June share price index futures contract was up three points at 5,623. Locally on Wednesday, Reserve Bank deputy governor Philip Lowe participates in a panel discussion at The Future of International Governance and the G20 conference ...

RBA minutes lift stock market

AAP  |  TUESDAY, 19 MAY 2015
The Australian stock market has picked up after a poor start and is relatively flat, after the Reserve Bank signalled that it remains open to further cuts to interest rates. OptionsXpress market analyst Ben Le Brun said the local bourse had swung upwards ...