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| | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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. ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | 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 ... |
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