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Showing 7811 - 7820 of 17963 results for "Bank"

Medcraft addresses ASIC's NAB response

ALEX BURKE  |  THURSDAY, 26 FEB 2015
... to its advice clients. "We have started our information gathering from NAB Wealth using our formal legal powers. And the bank has been cooperative. ASIC has also initiated discussions with NAB Wealth about reviewing remediation provided to financial ...

Market wrap

AAP  |  WEDNESDAY, 25 FEB 2015
... income five per cent and co-chief executive Peter Lowy cancelled plans to step down. Among the major banks, National Australia Bank was 17 cents higher at $37.75, Westpac fell three cents to $37.94, ANZ put on eight cents at $35.37, and Commonwealth ...

China easing a tailwind for A-share market

LAURA MILLAN  |  WEDNESDAY, 25 FEB 2015
The People's Bank of China monetary easing policies have resulted in liquidity pouring mainly into the A-share market, J.P. Morgan emerging markets equity managing director George J. Iwanicki learned in a recent trip to the country. A-shares are shares ...

Say when

BENJAMIN ONG  |  WEDNESDAY, 25 FEB 2015
Yes. No. Maybe. I don't know. This is dear Aunt Janet's answer to the "lift-off" question that everyone has been waiting for - and speculating on -- since the Fed completed its QE taper back in October last year. There was plenty of information in the ...

Market Wrap AM

AAP  |  WEDNESDAY, 25 FEB 2015
... Australian market looks set to open higher following rises on Wall Street after the Federal Reserve chief indicated the US central bank was in no hurry to raise its interest rate. At 0833 AEDT on Wednesday, the March share price index futures contract ...

Market wrap

AAP  |  TUESDAY, 24 FEB 2015
... with some profits booked after their very solid run," Quay Equities head of trading Tristan K'Nell said. National Australia Bank was down 18 cents at $37.49, Westpac was steady at $37.72, ANZ was seven cents higher at $35.11 and Commonwealth Bank was ...

Big four banks missing out on customer wealth management

ALEX BURKE  |  TUESDAY, 24 FEB 2015
Australia's biggest banks are struggling to access their customers' wealth management business, according to the latest Roy Morgan Consumer Single Source Survey. The survey showed that all four banks have had difficulty cross-selling wealth management ...

NAB chief executive outlines misconduct policy changes

ALEX BURKE  |  TUESDAY, 24 FEB 2015
In a speech to the Australia-Israel Chamber of Commerce, NAB chief executive Andrew Thorburn defended the bank's financial advice history and indicated changes were being made to ensure better internal oversight of its advice businesses. Despite the ...

Westpac, Count on ASIC radar over complex product advice

LAURA MILLAN  |  TUESDAY, 24 FEB 2015
Westpac and Commonwealth Bank-owned Count Financial are among the 10 licensees forced to undertake corrective action following concerns by the Australian Securities and Investments Commission (ASIC) concerns about financial advice relating to complex ...

Mind over matter

BENJAMIN ONG  |  TUESDAY, 24 FEB 2015
... indicated by the expanding number of central banks announcing surprise policy easing over the past few weeks. Last week, Bank Indonesia joined this club - the central bank surprises club - when it surprised markets with a 25 bps reduction in its BI rate ...