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Showing 7561 - 7570 of 17960 results for "Bank"

Market Wrap AM

AAP  |  MONDAY, 18 MAY 2015
... trade, up 1.63 points to 2,122.73, and the Dow Jones Industrial added 20.32 points to 18,272.56 Locally on Monday, Reserve Bank deputy governor Philip Lowe gives a speech to the Corporate Finance Forum in Sydney. And in equities news, Dulux Group releases ...

Market wrap PM

AAP  |  FRIDAY, 15 MAY 2015
... ore player Fortescue Metals was down four cents, or 1.73%, at $2.27. The major banks are mixed after the National Australia Bank and Westpac both traded ex-dividend this week. Commonwealth Bank has led gains among the big four after Thursday's losses. ...

BOQ appoints new group exec following restructure

ALEX BURKE  |  FRIDAY, 15 MAY 2015
Following its decision to combine its project office, IT and operation teams, the Bank of Queensland has appointed IAG group chief investment officer Donna Vinci as its new group executive enterprise solutions, effective July 27. As a result of the ...

ASIC seeks more bans in SMSF advice crackdown

ALEX BURKE  |  FRIDAY, 15 MAY 2015
... preventing them from accessing their existing SMSF clients' funds; offering shares without disclosure; accessing funds held in US bank accounts; and dealing with any real estate purchased with client funds. "ASIC will act to ensure those who deliberately ...

Follow the money

BENJAMIN ONG  |  FRIDAY, 15 MAY 2015
... economy, it's... It's this, it's that, it's blah, blah and blah. It was only last week when the head honcho of all central bank head honchos, Madam Janet, told the world that equity market valuations are presently "quite high", and what do we get? We ...

Aussie banks overpriced, undercapitalised: Perpetual

LAURA MILLAN  |  THURSDAY, 14 MAY 2015
... financials globally," he said. "Australian banks are holding much lower capital levels than global banks," with UK's Lloyds Bank core tier 1 ratio (equity over risk weighted assets) at 13.4% and Spain's BBVA at 12.7%, while National Australia Bank's ...

Economist asleep over budget investment market impact

DARREN SNYDER  |  THURSDAY, 14 MAY 2015
... time Australia will still see fiscal contraction in the economy and there's nothing in the budget to suggest the Reserve Bank will jack up interest rates anytime soon and there is a risk they might fall again. "What does it mean in relation to interest ...

JPMAM appoints sovereign and institutional head

ALEX BURKE  |  THURSDAY, 14 MAY 2015
JP Morgan Asset Management has appointed a new head of sovereign and institutional, Asia Pacific ex-Japan. Rachel Farrell was previously head of sovereign and institutional, South and South East Asia, Australia and New Zealand and based in Singapore. ...

No downing the dollar-A

BENJAMIN ONG  |  THURSDAY, 14 MAY 2015
... extended and, dare I say, a full-fledged rout. Perhaps, the Fed would find reasons to delay instead, just as the first central bank - the Bank of England (BOE) -- speculated to be the first off the rank to normalise policy did and has done again. Around ...

Market Wrap AM

AAP  |  THURSDAY, 14 MAY 2015
... weakness in the world's number two economy - following soft trade and inflation data last week - and come days after the central bank at the weekend cut interest rates again for the third time since November. WELLINGTON - The prospect of lower interest ...