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Showing 8301 - 8310 of 17963 results for "Bank"

Heads up to where Wall Street's heading

BENJAMIN ONG  |  TUESDAY, 26 AUG 2014
It didn't happen overnight, but it is happening. The S&P 500 index flirted above its 2,000-point milestone -2001.95 points to be exact in intra-day trade - before closing at 1997.92 points. There's always tomorrow. With just another 2.1 points (0.1%) ...

Latest Financial Standard issue available on the iPad app

STAFF WRITER  |  MONDAY, 25 AUG 2014
... latest edition of Financial Standard we look at the managed accounts in the second of a two-part special. We also profile ME Bank CEO Jamie McPhee and cover this year's Financial Services Counctil (FSC) conference in Cairns. You can read these articles ...

CBA looks for plaintiffs to assist in remediation process

LAURA MILLAN  |  MONDAY, 25 AUG 2014
Commonwealth Bank (CBA) is in advanced discussions with a number of plaintiff law firms that will act as independent consumer advocates in the Open Advice Review program to compensate victims of poor financial advice. CBA is expecting to announce the ...

NAB gives advisers 3 years to meet tougher standards

LAURA MILLAN  |  MONDAY, 25 AUG 2014
National Australia Bank (NAB) and MLC financial planners have three years to meet the new education standards, which require advisers to hold tertiary qualifications. NAB/MLC has been the latest to join the wave of Australian large financial institutions ...

Market wrap

AAP  |  MONDAY, 25 AUG 2014
... to $173 million. The banks were up, with ANZ gaining 3.5 cents to $33.505, NAB rising five cents to $34.51, Commonwealth Bank lifting 24 cents to $80.85 and Westpac up 13 cents to $35.02. The big resource players continued their recent trend of losses. ...

Voya appoints head of emerging market debt

MARK SMITH  |  MONDAY, 25 AUG 2014
Voya Investment Management has appointed Jean-Dominique BA1/4tikofer to its fixed income team as head of emerging markets. He will be responsible for directing the fund manager's investment strategy across all fixed income asset classes in emerging ...

Challenger adds firepower to annuities business

MARK SMITH  |  MONDAY, 25 AUG 2014
... at around the 30% mark for a series of years," Benari said. "We apply a lot of capital against our annuities versus what a bank would put against a term deposit. As a consequence, as this business grows it needs capital." Even disregarding organic profit ...

Easy money to fill in the slack at the Hole

BENJAMIN ONG  |  MONDAY, 25 AUG 2014
... when there are no risks to price stability, but unemployment is high and social cohesion at threat, pressure on the central bank to respond invariably increases." The problem, according to Fed Chair Janet Yellen is: "The assessment of labor market slack ...

Market Wrap AM

AAP  |  MONDAY, 25 AUG 2014
The Australian market looks set to open lower after US stocks lost ground on Friday. The September share price index futures contract was down 10 points at 5,599. Wall Street stocks closed mostly lower on Friday night following a cautious appraisal ...

Market wrap

AAP  |  FRIDAY, 22 AUG 2014
... $65.32 and Fortescue Metals lost six cents to $4.42. Among the major banks, ANZ lifted 16 cents to $33.37, National Australia Bank rose 15 cents to $34.51, Commonwealth Bank advanced 34 cents to $80.61 and Westpac improved 16 cents to $35.10. Shares ...