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Showing 8331 - 8340 of 17963 results for "Bank"

Consumers have no loyalty to financial institutions

MARK SMITH  |  MONDAY, 18 AUG 2014
... banks deal with more than four financial institutions and generally have only about one third of their products with any one bank," Roy Morgan Research's Norman Morris said. "While most institutions have made some small gains in product cross sell since ...

Brumbie: Super idea, super silly reaction

ALEX DUNNIN  |  MONDAY, 18 AUG 2014
... sitting of Parliament. It may be a coincidence, but the Senator's policy suggestion came just a few weeks after the Reserve Bank of Australia issued a discussion paper that presented research that argued Australian housing is overvalued and given expectations ...

Fear me not

BENJAMIN ONG  |  MONDAY, 18 AUG 2014
... not? It's the central banks and their commitment to benevolence towards financial markets. Never mind the European Central Bank and the Bank of Japan that are expected to shower the people with more love sooner rather than later. Never you mind them. ...

Market Wrap AM

AAP  |  MONDAY, 18 AUG 2014
... share price index futures contract was up 10 points at 5,516. Earning season continues this week with National Australia Bank reporting third quarter earnings. Other highlights include, Ansell, Newcrest Mining and Stockland property group all reporting ...

APRA releases additional requirements for large instos

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
... adequacy for Australia's largest financial institutions. The new conditions would apply to AMP, ANZ, Challenger, Commonwealth Bank, Macquarie Group, National Australia Bank, Suncorp and Westpac. APRA said it has deferred the decision on its final implementation ...

Market wrap

AAP  |  FRIDAY, 15 AUG 2014
... around the globe but nobody's getting carried away." At 1210 AEST the banking sector was performing well, with Commonwealth Bank gaining 26 cents to $81.28, Westpac added 26 to $34.21 and NAB was up 17 cents to $34.77. But, ANZ's $5.2 billion cash profit ...

Magellan profits jump 71%

MARK SMITH  |  FRIDAY, 15 AUG 2014
... 2014/15. Magellan said it has had "substantial progress" over the last 3-6 months with opening new distribution channels through bank and AMP-aligned advice markets and expects to gain traction in these channels over the coming year. The group is also ...

Macquarie forced to contact all advice clients for remediation

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
... and Investments Commission (ASIC), forces Macquarie to establish a compensation process that mirrors that of Commonwealth Bank's financial planning divisions, Commonwealth Financial Planning and Financial Wisdom. At the time of publishing, Macquarie ...

Market Wrap AM

AAP  |  FRIDAY, 15 AUG 2014
... German gross domestic product (GDP) contracted by 0.2 per cent in the June quarter prompting speculation the European Central Bank would have to roll out stimulus measures. No major local economic news is expected on Friday. In equities news, ANZ is ...

CBA dismisses Murray's concerns over vertical integration

LAURA MILLAN  |  THURSDAY, 14 AUG 2014
Commonwealth Bank (CBA) chief executive Ian Narev dismissed concerns expressed by the Financial System Inquiry (FSI) interim report that Australia's big institutions control both the manufacturing and distribution of financial products. "We need to ...