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Showing 811 - 820 of 1133 results for "Parent"

UK pension liabilities bigger than the bank

ALISON BEVEGE  |  TUESDAY, 23 AUG 2011
... have caused UK pension liabilities to grow in relative size, in one case outstripping the market capitalisation of its parent bank, a Citibank study has found. Lloyds Banking Group now has pension liabilities of 26.8 billion or 115% of its 23.3 billion ...

A penny saved could spark a recession

BENJAMIN ONG  |  WEDNESDAY, 17 AUG 2011
"Don't push me cause I'm close to the edge I'm trying not to lose my head, ah-huh-huh-huh" - The Message by Grandmaster Flash and the Furious Five Recession worries, it seems, travel fast. After doing a tour of the USA, they are now doing the rounds ...

HOSTPLUS, IOOF allocate mandates

ELISE BURGESS  |  THURSDAY, 11 AUG 2011
... indices," said Rooney. Neuberger Berman Australia received its Australian Financial Services licence in April this year. Its parent company, Neuberger Berman, is a US-based asset management company with approximately $198 billion in funds under management ...

Opes Prime directors admit guilt

MATT WOODINGTON  |  WEDNESDAY, 20 JUL 2011
... 2008, Opes Prime directors signed documentation with ANZ Bank, gaining a term loan for Opes Prime Stockbroking and its parent company, Opes Prime Group, pledging the companies' assets as security to meet the obligations of Leveraged Capital. On 27 March ...

Big six use advisers for sales while clients confused on independence

ALISON BEVEGE  |  THURSDAY, 14 JUL 2011
... advisers aligned to major wealth-management firms are continuing to direct the majority of the funds they establish to their parent fund manager, a study released today by Roy Morgan Research has found. The Superannuation and Wealth Management in Australia ...

Vanguard loses portfolio manager, retains ratings

ALISON BEVEGE  |  WEDNESDAY, 29 JUN 2011
Ratings on four Vanguard international equities funds have remained unchanged following the recent departure of portfolio manager Mark Hildebrandt, Standard & Poor's said yesterday. Vanguard's International Shares Index, International Shares Index Hdgd ...

CFS super deposit taps demand, relieves wholesale reliance

ALISON BEVEGE  |  FRIDAY, 24 JUN 2011
... that space very well," he said. "We think it's a good hedge against inflation." The funds invested would become part of parent company, Commonwealth Bank's general diversified sources of funding. The big four banks, source 40 per cent of their funding ...

NZ bank credit ratings cut, outlook stable

ALISON BEVEGE  |  MONDAY, 30 MAY 2011
... Moody's Investors Services on Friday as the rating's agency followed through on an earlier downgrade of their Australian parent institutions. ANZ National Bank, ASB Bank (subsidiary of Australia's Commonwealth Bank), Bank of New Zealand (subsidiary of ...

Market Wrap - Morning

AAP  |  TUESDAY, 17 MAY 2011
... raising its full year profit estimates. One of the most talked-about deals on Wall Street was officially nixed as well. The parent company of the New York Stock Exchange dropped nearly 11 per cent after competitors Nasdaq OMX Group and ICE announced ...

Budget tweak to SMSF rules

ALISON BEVEGE  |  THURSDAY, 12 MAY 2011
... little-known anomaly in the laws governing superannuation funds had been fixed. Until now, children were unable to have a parent or guardian act in their place as a corporate trustee in a self-managed fund (SMSF) They could only act as individual trustees. ...