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Showing 8431 - 8440 of 17963 results for "Bank"

CBA to fund adviser education and association membership

LAURA MILLAN  |  FRIDAY, 18 JUL 2014
The Commonwealth Bank (CBA) has confirmed that it will provide full funding to cover costs involved with the tougher adviser education standards announced last week. As revealed by Financial Standard, CBA decided to raise adviser standards in the wake ...

Market wrap PM

AAP  |  FRIDAY, 18 JUL 2014
... fell 11 cents, to $14.10, despite the company reporting a 25%increase in revenue. The big banks were mixed. Commonwealth Bank slipped 25.5 cents to $80.96, Westpac gained 4.5 cents to $33.69, ANZ also gained 4.5 cents to $33.26 and NAB dropped three ...

Are super funds the new shadow banks?

JAMES FERNYHOUGH  |  FRIDAY, 18 JUL 2014
... requirements are seeing new organisations such as pension funds providing the capital traditionally provided by banks. "A bank is well known for taking in money short-term and lending it out on long-term. And you can only survive as a bank if you know ...

BT launches Avaloq-powered platform

JAMES FERNYHOUGH  |  FRIDAY, 18 JUL 2014
BT Financial Group's has become the first Australian company to launch a platform supported by Zurich-based IT company Avaloq's Banking Suite. Avaloq is providing what it described as the "core technologies" for BT's new Panorama operating system. The ...

FEATURE: The metamorphosis of custody

JAMES FERNYHOUGH  |  FRIDAY, 18 JUL 2014
... the crowd. An evolving sector A few years ago there were only two major players in the custody market: National Australia Bank Asset Servicing (NAS) and J.P. Morgan. Now, there are six or seven major players and a number of smaller ones too, attracted ...

Life's a bargain

BENJAMIN ONG  |  FRIDAY, 18 JUL 2014
... them as much as it hurts Russia. Fresh from attending the negotiations and eventual launched of the BRICS' "New Development Bank (NDB), Putin told reporters in Brazil that, "Sanctions have a boomerang effect and without any doubt they will push U.S.-Russian ...

Market wrap AM

AAP  |  FRIDAY, 18 JUL 2014
... share price index futures contract was down 28 points at 5,455. Locally, in economic news on Friday, the National Australia Bank is due to release its June Quarter Australian Wellbeing Index (Q2 2014) & Special Report (Factors Most Impacting Anxiety). ...

Market wrap

AAP  |  THURSDAY, 17 JUL 2014
... The big banks were nearly all in the green with ANZ lifting 11 cents to $33.26, NAB up 10 cents to $34.08 and Commonwealth Bank climbing seven cents to $81.42. Westpac was the lone hold out, falling 17 cents to $33.72. Telstra hit a new record high of ...

Australian Unity added 14 planning practices in a year

MARK SMITH  |  THURSDAY, 17 JUL 2014
... relationship based, full service model offering and our Accountant Partnership Program, as well as the fact we are not a bank or life insurance company," Australian Unity Personal Financial Services chief executive Steve Davis said. Davis said the Accountant ...

A BRICS R5 Bank is born

BENJAMIN ONG  |  THURSDAY, 17 JUL 2014
... - Brazil, Russia, India, China, South Africa - has just built what I call the "R5 - renminbi, rupee, rubble, real, rand - Bank". Which bank? The "New Development Bank" which the BRICS launched yesterday. According to BBC, "Its main function would be ...