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Showing 8081 - 8090 of 17963 results for "Bank"

BTFG earnings up 16%

MARK SMITH  |  MONDAY, 3 NOV 2014
Staying "close to advisers" to assist them cope with regulatory changes helped BT Financial Group (BTFG) to a solid full year result, according to the wealth manager. The company reported a 16% year-on-year increase in cash earnings to $895 million ...

Market Wrap AM

AAP  |  MONDAY, 3 NOV 2014
The Australian market looks set to open slightly higher after Wall Street gained more than one per cent following the Bank of Japan's surprise stimulus announcement ignited a rally on global stock exchanges. At 0818 AEST on Monday, the December share ...

Goodbye QE, hello QQE

BENJAMIN ONG  |  MONDAY, 3 NOV 2014
... and I say go go go, oh no You say goodbye and I say hello Hello hello" -- The Beatles Just as the Fed concluded QE3, the Bank of Japan (BOJ) served up the biggest trick or treat this Halloween by expanding its QQE. The trick. Not even a full month before ...

Market wrap

AAP  |  FRIDAY, 31 OCT 2014
... results." ANZ was 11 cents higher at $33.37 after its annual cash profit grew 10 per cent to $7.1 billion. National Australia Bank was up 31.5 cents at $34.955, Commonwealth Bank was up 18 cents at $80.35 and Westpac was 16 cents higher at $34.62. Macquarie ...

Wealth division boosts ANZ profit

MARK SMITH  |  FRIDAY, 31 OCT 2014
ANZ has posted a 10% rise in full year cash profit to $7.12 billion, with the bank's wealth division contributing significantly. The bank's overall net profit was up 15% to $7.3 billion. A final dividend of 95 cents per share, fully franked, is up 14% ...

Macquarie announces $678m profit, appoints director

JAMES FERNYHOUGH  |  FRIDAY, 31 OCT 2014
... represents a 35% increase on the corresponding half last year, but an 11% decrease on the six months up to March 2014. The bank also announced the appointment of Gordon Cairns to the boards of both Macquarie Group Limited and Macquarie Bank Limited. ...

Real stagflation

BENJAMIN ONG  |  FRIDAY, 31 OCT 2014
... high digits of 2010 to minus 0.8% in the second quarter of 2014. Slowing growth could have been counteracted by the Central Bank do Brasil (CBB) were it not for the stubbornly high inflation (6.8% in September) that has remained above the central bank's ...

Market Wrap AM

AAP  |  FRIDAY, 31 OCT 2014
... the December share price index futures contract was up 25 points at 5,483. Locally, in economic news on Friday, the Reserve Bank of Australia will release financial aggregates for September, while the Australia Bureau of Statistics releases its producer ...

NAB wealth returns "below acceptable levels"

LAURA MILLAN & AAP  |  THURSDAY, 30 OCT 2014
National Australia Bank (NAB) net profit for the year to September 30 was down 1.1%, with chief executive Andrew Thorburn saying that NAB Wealth returns were "below acceptable levels." NAB's net profit was $5.295 billion, down 1.1% from $5.355 billion ...

Market wrap

AAP  |  THURSDAY, 30 OCT 2014
... Spooner said the local bourse was supported by stocks that offered good yields, such as the banks, after National Australia Bank announced its financial report. "I think basically we are seeing ongoing support for the yield stocks. The big four banks ...