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Showing 7781 - 7790 of 17963 results for "Bank"

The die is cast

BENJAMIN ONG  |  TUESDAY, 10 MAR 2015
"Alea iacta est"! "The die is cast". This is what Julius Caesar exclaimed when he crossed the river Rubicon back in 49 BC. The same phrase that ECB president Mario Draghi must be uttering to himself as he began spending the first euro of his a,-60 billion ...

Market Wrap AM

AAP  |  TUESDAY, 10 MAR 2015
... departures for January. Also due out are the ANZ-Roy Morgan weekly consumer confidence survey and the National Australia Bank's monthly business survey for February. In equities news, the ASIC case against Hancock Prospecting to due to begin in Perth ...

Market wrap

AAP  |  MONDAY, 9 MAR 2015
... weighed on the big miners. With the Australian dollar falling in value against the greenback, the pressure is off the Reserve Bank of Australia to again cut interest rates here, he added. In the resources sector at 1200 AEDT, global miner BHP Billiton ...

Super funds turning to passive to tackle high fees

MARK SMITH  |  MONDAY, 9 MAR 2015
... 5% annually just for super savings to hold their ground. To illustrate the impact of fees on investment performance, the bank said a 30-year old man could retire at 65 with super worth $511,000 in a 0% fee option compared to $319,000 in a fund charging ...

Hagger defends NAB advice, brushes off independent review

ALEX BURKE  |  MONDAY, 9 MAR 2015
NAB Wealth chief executive Andrew Hagger has defended the bank's internal advice review processes to the Senate economics references committee. When asked by the committee why only eight serious process breaches were reported to ASIC - despite recent ...

PM Capital CEO leaves, replacement announced

LAURA MILLAN  |  MONDAY, 9 MAR 2015
PM Capital chief executive Chris Donohoe was moved to an institutional sales role at the end of 2014 and stepped down shortly after. Donohoe, who was also a shareholder in the firm and had worked there for 14 years, stepped down at the end of 2014 ...

Market Wrap PM

AAP  |  FRIDAY, 6 MAR 2015
The share market has opened flat as strength in high-yield bank stocks is balanced out by weak energy and mining sectors. IG market strategist Evan Lucas says the market is repositioning itself into high-yield stocks in expectation of an upcoming rate ...

NAB to face Senate grilling over advice scandal

LAURA MILLAN  |  FRIDAY, 6 MAR 2015
National Australia Bank (NAB) head of wealth Andrew Hagger will face tough questioning from the Senate Economics Committee at a hearing in Melbourne this afternoon. "The reason why we called this hearing is because we want to get to the bottom of this ...

Market Wrap AM

AAP  |  FRIDAY, 6 MAR 2015
... cent) to 2,101.04, while the tech-rich Nasdaq Composite Index gained 15.67 (0.32 per cent) at 4,982.81. The European Central Bank announced it would launch on Monday a 1.1 trillion euros ($A1.56 trillion) bond-buying program. The ECB also raised its ...

My QE, your problem

BENJAMIN ONG  |  FRIDAY, 6 MAR 2015
... instalment of the ECB's QE worth a,-60 billion, and a,-60 billion monthly hereafter until September 2016. The European Central Bank (ECB) unveiled the details of its trillion euro quantitative easing programme last night. Special thanks to Bloomberg ...