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Showing 7581 - 7590 of 17963 results for "Bank"

Market Wrap AM

AAP  |  TUESDAY, 12 MAY 2015
... the coming months, including around another 2 billion euros to the IMF and nearly 7 billion euros to the European Central Bank. HONG KONG - Asian markets closed mostly higher on Monday after a healthy US jobs report last week. Investor sentiment was ...

Market Wrap PM

AAP  |  MONDAY, 11 MAY 2015
... lifted 31 cents to $82.95, while ANZ gained three cents to $32.36 and Westpac advanced 11 cents to $34.17. National Australia Bank shares remain in a trading halt as it continued its $5.5 billion capital raising. The S&P/ASX 200 lost more than three ...

Barrett in buyout mode, acquires CBA firm

LAURA MILLAN  |  MONDAY, 11 MAY 2015
Former ANZ advice director Paul Barrett has acquired Commonwealth Bank-owned Eureka Whittaker Macnaught through his financial planning business AZ Next Generation Advisory (AZ NGA). This is the group's first acquisition, but Barrett confirmed that it ...

Dear mom, all's good

BENJAMIN ONG  |  MONDAY, 11 MAY 2015
... picking up - iron ore's up 1.2%, oil's up 0.9% and copper's up 0.2%. This, because the PBOC did it again. The Chinese central bank announced a 25 bps reduction in its benchmark one-year lending rate to 5.1% over the Mother's Day weekend that would become ...

Market Wrap AM

AAP  |  MONDAY, 11 MAY 2015
... jobs in April and the unemployment rate fell to a seven-year low of 5.4 per cent. Locally on Monday, the National Austraia Bank releases its monthly business survery and in equties news Incitec Pivot half year results are due out. In Australia, the market ...

Market wrap

AAP  |  FRIDAY, 8 MAY 2015
The share market is up by almost one third of a per cent, with the banks leading the recovery after two days of heavy losses. The big miners and energy stocks are the only sectors to be slipping, following a dip in crude oil and iron ore prices. A moderate ...

Macquarie profit beats forecast

MARK SMITH  |  FRIDAY, 8 MAY 2015
... management jump 14%, beating forecasts. Profit for the second half of the year was $926 million, up 37% on the first half. The bank's managing director and chief executive Nicholas Moore said: "Today's result reflects the return on many years of investment ...

Bank results underpin wealth management new era

LAURA MILLAN  |  FRIDAY, 8 MAY 2015
... returns, but to rebuild consumer's trust in their model. Recent analysis by EY of the quarterly results for Commonwealth Bank (CBA), ANZ, National Australia Bank (NAB) and Westpac argued: "Managing conflicts in vertically integrated operations, professional ...

Banking and super groups back parliamentary recommendations

DARREN SNYDER  |  FRIDAY, 8 MAY 2015
Representative groups from the banking and superannuation sectors have generally backed recommendations on lifting professional, ethical and education standards in the financial services industry. Public responses to a Parliamentary Joint Committee ...

Global finance, resources key to diversification

LAURA MILLAN  |  FRIDAY, 8 MAY 2015
Australian institutional investors are encouraged to diversify by seeking low valuations in finance and resources overseas. Portfolio manager of US-based firm Barrow Hanley, David Hodges, noted that "for every company in the front page there is another ...