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Showing 7891 - 7900 of 17963 results for "Bank"

New Westpac chief executive scraps previous position

ALEX BURKE  |  MONDAY, 2 FEB 2015
In his first day as Westpac chief executive, Brian Hartzer has restructured the company's Australian Financial Services division. Hartzer was previously head of the division, which represents more than half of Westpac's profits and comprises its business ...

When Harry met Sally syndrome

BENJAMIN ONG  |  MONDAY, 2 FEB 2015
... banks - big and small - are getting the 'when Harry met Sally syndrome' - "I'll have what she's having". The Swiss National Bank jumpstarted it all with its "surprise" decision to abandon its CHF1.20/euro peg. This was the same time as the Reserve Bank ...

Market Wrap AM

AAP  |  MONDAY, 2 FEB 2015
... confirming deflation could be taking hold for the long term, EU data showed. In local economic news on Monday, the Reserve Bank of Australia's index of commodity prices and the Australian Industry Group's performance of manufacturing (PMI) index, both ...

Market wrap

AAP  |  FRIDAY, 30 JAN 2015
The share market continues to rise on anticipation of a rate cut by the Reserve Bank next week. A fall in the Australian dollar under 78 US cents was also good for companies with operations overseas, with the major banks and big resources companies ...

PIMCO appoints vice president, client analytics

ALEX BURKE  |  FRIDAY, 30 JAN 2015
... managing director and portfolio manager Robert Mead said. Prior to PIMCO, Ryan held positions at AustralianSuper, Commonwealth Bank and AMP Capital Investors, and has lectured in statistics at the Australian National University.

Market Wrap AM

AAP  |  FRIDAY, 30 JAN 2015
... Friday, the March share price index futures contract was up 47 points at 5,553. In local economic news on Friday, the Reserve Bank of Australia will its latest figures on outstanding loans for December. In equites news, Whitehaven Coal releases its half ...

VicSuper awards $100M absolute return mandate

LAURA MILLAN  |  THURSDAY, 29 JAN 2015
... was awarded to Payden & Rygel (P&R) absolute return strategy, which aims to generate returns of 2% above the 3 month AFMA Bank Bill Swap Rate over the medium term. This is the second mandate VicSuper has awarded to P&R in the past three years. The manager ...

Government to blame for fall in business confidence

LAURA MILLAN  |  THURSDAY, 29 JAN 2015
... confidence is moving in the opposite direction because businesses have been disappointed at the government's performance, Bank of America Merryll Lynch chief economist Saul Eslake said at the Financial Standard Chief Economist Forum in Sydney. Eslake ...

Market Wrap AM

AAP  |  THURSDAY, 29 JAN 2015
... plunging by a quarter or more, and yields on Greek 10-year bonds also rose above the symbolic barrier of 10 per cent. Piraeus Bank lost nearly 29 per cent, Alpha Bank was down around 26 per cent and National Bank and Eurobank shed around 25 per cent. ...

Market wrap

AAP  |  WEDNESDAY, 28 JAN 2015
... it beat its full year production guidance and launched a strategic review of its operations. Among the banks, Commonwealth Bank fell 63 cents to $87.00, Westpac lost 13 cents at $34.43, National Australia Bank retreated 19 cents to $34.96, and ANZ descended ...