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Showing 8551 - 8560 of 17965 results for "Bank"

Market Wrap AM

AAP  |  FRIDAY, 20 JUN 2014
... (0.13 per cent) to 1,959.48, its second consecutive record finish. Locally, in economic news on Friday, the Commonwealth Bank releases its business sales indicator for May. In equities news, investors vote on the Westfield Retail Trust's Scentre Group ...

Prepare for the 'financial Amazon': Joye

JAMES FERNYHOUGH  |  THURSDAY, 19 JUN 2014
... When asked whether Australia had the scale to make these supermarkets viable, Joye pointed to the example of Commonwealth Bank, whose market capitalisation is greater than that of McDonald's despite Australia's relatively small population. Joye also ...

Former Macquarie exec to head IRESS division

MARK SMITH  |  THURSDAY, 19 JUN 2014
IRESS has appointed former Macquarie executive Matthew Rady as its new group executive for its financial markets business. Reporting directly to chief executive officer Andrew Walsh, Rady will be responsible for leading IRESS' financial markets business ...

Market wrap

AAP  |  THURSDAY, 19 JUN 2014
The US central bank's decision to retain ultra-low interest rates has boosted the local share market. US markets reacted positively to the Fed Reserve's monetary policy announcement, with the S&P 500 index hitting a new record. "The US central bank ...

Market wrap AM

AAP  |  THURSDAY, 19 JUN 2014
... 5,400. The S&P 500, a broad measure of the US stock markets, jumped 14.99 points (0.77 per cent) to 1,956.98 as the US central bank also did not accelerate the time-frame for raising interest rates. Locally, in economic news on Thursday, the Reserve ...

Westpac appoints national Agribusiness GM

LAURA MILLAN  |  WEDNESDAY, 18 JUN 2014
Westpac has appointed a senior business banker to the role of national general manager for its agribusiness operation. Steve Hannan will take over Graham Jennings, who retired from the role of general manager of the agribusiness operation in March. ...

7.5% in black and white

BENJAMIN ONG  |  WEDNESDAY, 18 JUN 2014
... Reuters' poll of forecasters conducted two months ago predicted China growth of 7.3% this year and more recently, the World Bank, in its Global Economic Prospects report, sees the economy growing by 7.6% in 2014. This is a long, long way off from the ...

FoFA changes designed to protect big players: opposition

LAURA MILLAN  |  TUESDAY, 17 JUN 2014
Labor, the Greens and Industry Super Australia (ISA) strongly opposed amendments to the Future of Financial Advice (FoFA) legislation on the grounds that changes "seem designed to protect the profits of larger financial services companies." Both Labor ...

Double digit growth for large fund managers

MARK SMITH  |  TUESDAY, 17 JUN 2014
... $657.8bn. Macquarie (up 45.5%), Perpetual (20.6%), Commonwealth / Colonial (16.8%), AMP (15%), BT (12.5%) and National Australia Bank / MLC (11.8%) led the growth on the retail side. On the wholesale side, funds at the end of March totaled $642.5bn ...

Market wrap

AAP  |  TUESDAY, 17 JUN 2014
... investors are expected to now support the $70 billion Westfield Group restructure. As for the major banks, the Commonwealth Bank had shed 29 cents to $81.31, Westpac was minus 12 cents to $34.18, National Australia Bank lost nine cents to $33.10 and ...