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Showing 8511 - 8520 of 17963 results for "Bank"

Market wrap

AAP  |  MONDAY, 30 JUN 2014
... inflation gauge for June and the Housing Industry Association will unveil new home sales data for May ahead of the central bank's interest rate decision on Tuesday. Among the big four banks, the Commonwealth Bank was down 32 cents to $81.15, Westpac ...

ATO closing in on undisclosed offshore income

MARK SMITH  |  MONDAY, 30 JUN 2014
... information from a range of sources including: data from overseas tax authorities on Australians with offshore investments and bank accounts; information from Australian and foreign banks on fund flows, interest and account balances; information from ...

New compass needed for global economy: BIS

NATHALIE OLOF-ORS, AAP  |  MONDAY, 30 JUN 2014
Countries must dramatically rethink strategies for avoiding and dealing with financial crises, the Bank for International Settlements says, urging far more focus on fighting debt. The Swiss-based BIS -- dubbed the central bankers' central bank -- has ...

Market wrap AM

AAP  |  MONDAY, 30 JUN 2014
... September share price index futures contract was up eight points at 5,424. Locally, in economic news on Monday, the Reserve Bank of Australia (RBA) is due to release financial aggregates data for May, the TD Securities-Melbourne Institute posts its June ...

US bond yields zipped by ZIRP?

BENJAMIN ONG  |  MONDAY, 30 JUN 2014
... there's also Fed Chair Janet Yellen's repeated assurances that the Fed would take a softly softly approach when the US central bank eventually decided to raise the fed funds rate. "The Committee continues to anticipate... that it likely will be appropriate ...

Financial services stars named in rich list

MARK SMITH  |  FRIDAY, 27 JUN 2014
... Oz", Coffey has accumulated his $532 million fortune trading for BT Investment Management, George Soros-backed Blue Border, Bank Austria, GLG Partners and Louis Beacon. Aussie Home Loans executive chairman John Symond dropped one place this year to 90th. ...

ASIC changes depend on the government: Medcraft

LAURA MILLAN  |  FRIDAY, 27 JUN 2014
... plan for the long term." However, he admitted that the regulator's failure to address planner misconduct within Commonwealth Bank financial planning division "was not an issue of resources, our trust was misplaced." Medcraft said that ASIC has "30 staff ...

Inquiry has Macquarie Private Wealth in its sights

MARK SMITH  |  FRIDAY, 27 JUN 2014
... compliance culture." Macquarie was not available for comment. Jeff Morris, the whistleblower at the heart of the Commonwealth Bank financial planning scandal, has warned that the recently published findings of the Senate Economics Committee inquiry are ...

Government plays down support for royal commission

JAMES FERNYHOUGH  |  FRIDAY, 27 JUN 2014
... it may be unwilling to consider the Senate Committee's recommendation that there be a royal commission into Commonwealth Bank of Australia (CBA). Prime Minister Tony Abbott said the government would "carefully consider" the parliamentary committee report. ...

CBA apologies again, refutes reckless culture accusations

LAURA MILLAN  |  FRIDAY, 27 JUN 2014
Commonwealth Bank has apologised again for the misconduct of its financial advisers that resulted in clients losing millions in retirement savings and has refuted accusations that its sales-based culture was "reckless." The bank has issued a statement ...