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Showing 8561 - 8570 of 8619 results for "DIF"

Home loans sector driving major bank profits: PwC

The four major banks have delivered another round of record results this half, with combined underlying profits (cash earnings before significant items) up 6 per cent on the corresponding 2002 period, and 4.5% up on the previous half, according to analysis ...

National takes $205 million hit on wealth management business

The National Australia Bank (NAB) has announced a net profit of $1.87 billion for the six months ended 31 March, a fall of 17%, as the company reduced the value of its wealth management business by $205 million. Managing director and chief executive ...

Macquarie announces 33% profit surge to $333 million

Macquarie Bank today announced a $333 million profit for the year ended March 31, an increase of 33 per cent from the $250 million profit in the corresponding period last year. Basic earnings per share increased 24% to $1.65 from $1.33 the previous ...

Assirt throws weight behind hedge funds

Assirt has announced an alliance with the Alternative Investment Management Association (AIMA) to promote investor awareness of the risk and rewards connected with hedge funds. Assirt said that it has developed a specific research process for hedge ...

Challenger to split in two, receive $235 million injection: Cuffe

Chris Cuffe, the acting chief executive officer of Challenger International, has announced plans to split the merged CPH Investment/Challenger entity along life and non-life business lines. The merged company, to be called Challenger Financial Services ...

Hedge funds trail broader indices in April: Hennessee

Hedge funds returned 3.04 per cent in April according to the Hennessee Hedge Fund Index, well below the S&P 500 (8.30%) and the Dow Jones (6.11%) indices, Hennessee said today. "The market may be on the verge of a momentum breakout but fundamentals ...

Westpac announces $1.05 billion half-year profit

Westpac Banking Corporation has declared an after tax operating profit of $1.05 billion for the half-year ended March 2003. Cash earnings attributable to ordinary shareholders were 1.09 billion, up 10 per cent compared to March 2002. On a cash basis ...

APRA licensing process "easier" than AFSL: Littrell

The Australian Prudential Regulation Authority (APRA) has moved to allay fears among superannuation funds about the potential burdens of its trustee licensing process, declaring they will find it "easier" than the Australian Securities and Investments ...

St George Bank announces $298 million half-year profit

St George Bank today announced an interim profit after tax of $298 million for the half year ended March 31 2003 and an interim dividend of $0.45 (up from $0.38 at March 31 2002) in what the bank said was a strong overall performance at the upper end ...

ASFA calls for standardised fees and charges disclosure

The Association of Superannuation Funds of Australia (ASFA) has urged the government and ASIC to implement standardised disclosure documents to allow consumers to compare fees and charges across the superannuation industry, it announced today. ASFA ...