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Showing 7651 - 7660 of 17963 results for "Bank"

Market Wrap AM

AAP  |  THURSDAY, 23 APR 2015
... the June share price index futures contract was up 11 points at 5,835. In local economic news on Thursday, the Commonwealth Bank's Business Sales Indicator for March is due out, as is the National Australia Bank's quarterly business survey. Meanwhile ...

Industry responds to Grattan report

ALEX BURKE  |  WEDNESDAY, 22 APR 2015
... on superannuation fees. In a statement, ISA chief executive David Whiteley said the report served as further evidence of bank-owned super funds "dragging down" Australia's superannuation system. "Not only has the bank-owned sector underperformed industry ...

Market wrap

AAP  |  WEDNESDAY, 22 APR 2015
... which strips out the effects of volatile price movements, indicated an annual rate of 2.35% which is well within the Reserve Bank's target range. That caused the Australian dollar to bounce almost half a US cent to 77.60 US cents and the sharemarket ...

AMIST Super reappoints NAS

LAURA MILLAN  |  WEDNESDAY, 22 APR 2015
National Australia Bank Asset Servicing (NAS) has been reappointed as custodian for AMIST Super for a further five years. NAS has been AMIST Super's custodian since 2003. NAS general manager Matthew Brown said: "We look forward to continuing to grow ...

NAB to take "leading role" in advice remediation

ALEX BURKE  |  WEDNESDAY, 22 APR 2015
... Senate Economics References Committee's Scrutiny of Financial Advice inquiry, NAB chief executive Andrew Thorburn said the bank was prepared to take a "leading role" in addressing the compensation gap for victims of poor financial advice. NAB advice ...

CBA advisers ran from ASIC

ALEX BURKE  |  WEDNESDAY, 22 APR 2015
... done wrong, once the investigation starts, run away and you don't get a chance to sack them." He noted this prevented the bank from citing the reasons for terminating an employee to ASIC. Promoting transparency of adviser misconduct through ASIC's register ...

BOE no change, no worries

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2015
As expected, the Bank of England (BOE) decided to do nothing at its 9 April monetary policy meeting, stating that: "The Bank of England's Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5%. The Committee also voted to ...

Market wrap

AAP  |  TUESDAY, 21 APR 2015
... However it gave up some of the morning's gains, going from 0.9 per cent to 0.6 per cent higher after the release of the Reserve Bank's (RBA) minutes from its recent meeting signalled it was undecided about an interest rate cut. Quay Equities head of ...

Market Wrap AM

AAP  |  TUESDAY, 21 APR 2015
... Tuesday, the June share price index futures contract was up 37 points at 5,864. In local economic news on Tuesday, the Reserve Bank of Australia releases its April board meeting minutes while RBA governor Glenn Stevens delivers a speech at an American ...

What might trigger a sell-off?

BENJAMIN ONG  |  TUESDAY, 21 APR 2015
Impressive! Nah Virginia, I refer not to the big bouncy bouncy Wall Street and European equity markets did last night - which almost instantaneously affirmed the rant I scribbled on this space yesterday that "the bad and the bad and the bad" that spooked ...