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| | | ... he said. The big four banks were among the worst performers, all with losses of around one per cent or more. Commonwealth Bank was down 76 cents at $77.05, Westpac was down 40 cents at $32.77, National Australia Bank was down 48 cents at $33.52 and ANZ ... |
| | | | ... the event of failure," the Treasurer said, and added that "this is aimed at further protecting taxpayers if a large global bank were to run into difficulty." The final communiquA(C) of the G20 meeting acknowledged that, compared to the situation in 2008 ... |
| | | | Bank of Queensland (BOQ) will pay $17 million to customers who were victims of Storm Financial as part of the legal proceedings of a class action brought against the bank. The net impact after tax to BOQ will be of $22.1 million, which includes all ... |
| | | | ... according to Aberdeen Asset Management Australia's managing director Brett Jollie, this will challenge the primacy of the bank-owned wrap platform model, which has a near monopoly on the distribution of managed funds to the retail market. "It's going ... |
| | | | ... seceding' vote to win. So what's the point of wasting bits and bytes on it? We've gone full circle to speculating when the Bank of England (BOE) would raise interest rates in the United Kingdom (yup, that includes Scotland). Last week there was China ... |
| | | | The Australian market looks set to open lower following a mixed result on Wall Street where the Dow reached another record high but the Nasdaq fell. At 0808 AEST on Monday, the December share price index futures contract was down 18 points at 5,408 ... |
| | | | Citibank Australia has appointed new non-executive director, former deputy chair of the Australian Securities and Investments Commission (ASIC) Belinda Gibson. Gibson was with ASIC from 2007 to 2013, where she had primary responsibility for the regulation ... |
| | | | Arnhem Investment Management has appointed a senior business development manager to work with the manager's distributor, BNP Paribas Investment Partners. Samuel Stobart started at Arnhem in late August and will also look after existing institutional ... |
| | | | ... Putin and indications of more slowdown in China and the PBOC's latest counter-response and speculation of European Central Bank (ECB) QE. These issues du jour have relegated the goings-on in the world's third biggest economy, Japan -- the Land of the ... |
| | | | ... per cent) to 2,011.36, while the tech-rich Nasdaq Composite Index rose 31.24 (0.68 per cent) to 4,593.43. Locally, World Bank Group President Jim Yong Kim will participate in a question and answer session in Sydney. On Thursday, the Australian sharemarket ... |
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