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Showing 8311 - 8320 of 17963 results for "Bank"

MyState sees small growth in profits

MARK SMITH  |  FRIDAY, 22 AUG 2014
Banking and wealth management company MyState has reported a small rise in profit for the full year to 30 June. Statutory after-tax profit stood at $29.6 million for the year to the end of June. This result is a 3.9% improvement on last year's $28.5 ...

Movers and shakers

... retail underwriting CommInsure has appointed Asteron Life's executive manager of risk assessment to head the Commonwealth Bank's insurance business retail advice underwriting team. John Kraszula will join the CommInsure retail advice leadership team ...

AMP lifts minimum adviser standards

LAURA MILLAN  |  THURSDAY, 21 AUG 2014
... while existing advisers have up to 31 December 2019 to do so. AMP's decision follows a similar announcement by Commonwealth Bank (CBA), which has been at the centre of a Senate inquiry after media reports unveiled cases of adviser misconduct and inconsistent ...

Countplus misses profit guidance

ALICE URIBE  |  THURSDAY, 21 AUG 2014
... of the total net group revenue. "The financial planning revenue benefited from loyalty payments made by the Commonwealth Bank, as a result of the takeover of Count Financial, to Count Finance franchisees," the statement said. According to the announcement ...

Market wrap

AAP  |  THURSDAY, 21 AUG 2014
The share market remains at its highest level since the GFC due to well received company earnings and a positive lead from Wall Street. But it dipped slightly in late morning trade after the latest reading on manufacturing activity in China fell below ...

RBA to business: release the animal in you

BENJAMIN ONG  |  THURSDAY, 21 AUG 2014
... Country' have long been blessed with top-notch monetary policy makers. There has been no recession on the watch of Reserve Bank of Australia Governor Glenn Stevens or under his predecessor, Ian Macfarlane, who served from 1996 to 2006. Stevens, though ...

Market Wrap AM

AAP  |  THURSDAY, 21 AUG 2014
... - Wall Street stocks are high amid more sign of an improvement in the US economy and as debate intensifies among central bank member over plans for a rate hike.. The Dow Jones Industrial Average rose 59.54 points (0.35 per cent) to 16,979.13. The broad-based ...

Multi-asset emerging market approach halves volatility

MARK SMITH  |  WEDNESDAY, 20 AUG 2014
... in emerging markets having launched the world's first emerging market growth fund in response to a request from the World Bank in 1986.

Market wrap

AAP  |  WEDNESDAY, 20 AUG 2014
The largest fall by BHP shares in five months is dragging the share market lower. After confirming plans to offload its aluminium, manganese, nickel and silver assets into a new company, BHP shares fell heavily, dropping $1.56, or 3.9 per cent, to $38.12 ...

Invesco launches new fund

MARK SMITH  |  WEDNESDAY, 20 AUG 2014
... focus on income and preservation of capital. The company said it can be considered a defensive portfolio. Senior secured bank loans offer investors a range of benefits including stable returns with a floating income stream, priority repayment in the ...