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Showing 7641 - 7650 of 17963 results for "Bank"

Market Wrap PM

AAP  |  FRIDAY, 24 APR 2015
... offsets a lacklustre lead from overseas. CMC Markets chief market strategist Michael McCarthy said indications the People's Bank of China was committed to keep the world's second largest economy growing by seven per cent a year had helped improve sentiment ...

Mining capex in a hole

DARREN SNYDER  |  FRIDAY, 24 APR 2015
The outlook for capital expenditure adding to Australia's GDP from anywhere outside of mining is "abysmal" according to BlackRock investment strategist and head of fixed income, Steve Miller. At a recent media briefing detailing BlackRock's global investment ...

Women outperforming all men boardrooms

DARREN SNYDER  |  FRIDAY, 24 APR 2015
A recently launched gender diversity index is showing ASX200 companies who have more than 25% of women on their boards are outperforming all male boardrooms by more than 7% per annum. The Diversity Index is produced by investment manager Infinitas and ...

Managed Account Holdings to invest in advisory firms

DARREN SNYDER  |  FRIDAY, 24 APR 2015
... investment. It is intended the advisory firms will use the funds from the investment and consider matching the new capital with bank borrowings to fund their acquisitions. The type of advisory firms attracted to PHL will be those who have a large existing ...

Assets under custody surpass $2.5tr

LAURA MILLAN  |  THURSDAY, 23 APR 2015
... experienced the highest growth in assets for the six months to December 2014 (18.5%) and was followed by netwealth (16.0%), HSBC Bank (7.9%) and RBC Investor Services, all of whom have less than $200 billion under custody.

Report confirms failed CBA compensation

LAURA MILLAN  |  THURSDAY, 23 APR 2015
An independent report by forensics firm KordaMentha has confirmed that the advice divisions of Commonwealth Bank (CBA) failed to implement consistent compensation programs under the regulator's surveillance. Following the report, CBA will need to contact ...

Advance AM head of strategy steps down

ALEX BURKE  |  THURSDAY, 23 APR 2015
... experience across the banking and financial services sectors, having held roles at Macquarie, CBA, Tyndall and originally the Bank of Ceylon in Sri Lanka. Speaking to Financial Standard, Stephen spoke about the important lessons he learned at the bank ...

Market wrap

AAP  |  THURSDAY, 23 APR 2015
... banking and retail sectors were weaker, Telstra was down 1.5 cents at $6.235, while healthcare was stronger. Commonwealth Bank had dropped 12 cents to $91.00, National Australian Bank was down 37 cents at $37.74, ANZ had given up 22 cents to $35.27 and ...

Overseas investors flocking to Australian bonds

DARREN SNYDER  |  THURSDAY, 23 APR 2015
... pricing that in and that means there are challenges for the future," Gartside said. Miller agrees, predicting the Reserve Bank of Australia will drop interest rates by at least 50 basis points before year's end. Miller also believes the Aussie dollar ...

Go flip a coin

BENJAMIN ONG  |  THURSDAY, 23 APR 2015
"Yes, no, maybe I don't know Can you repeat the question?" - 'Boss of Me' The question - again - is will the Reserve Bank of Australia (RBA) cut interest rates on the first Tuesday of next month? With barely two weeks to go and armed with the latest ...