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Showing 8581 - 8590 of 17965 results for "Bank"

UK on the go

BENJAMIN ONG  |  THURSDAY, 12 JUN 2014
... my youth, or childhood, I must have done something good." In his alone times, it wouldn't be surprising to catch imported Bank of England (BOE) Governor Mark Carney humming this tune from "The Sound of Music" to himself (perhaps at the same time that ...

Low rates force banks to change term deposit strategy

LAURA MILLAN  |  THURSDAY, 12 JUN 2014
... driving clients away from term deposits and forcing banks to come up with alternative strategies. As many as 36,000 big four bank clients have left their term deposits during the last year, the Roy Morgan Consumer Single Source survey found. However ...

Market wrap AM

AAP  |  THURSDAY, 12 JUN 2014
The Australian share market is set to fall after heavy losses on Wall Street, partly caused by the World Bank's downgrading of its global growth forecast. At 0700 AEST on Thursday, the March share price index futures contract was down 17 points at 5,442. ...

Investors find opportunity in SMSF conservative approach

LAURA MILLAN  |  WEDNESDAY, 11 JUN 2014
... at least 10% over the next two years and, as dividend payments increase, "presumably volatility falls." To the investment bank, this process "would be a classic low-to-high payout ratio stock." SMSFs "are not interested in being involved in the process ...

UBS adviser banned from financial services industry

STAFF WRITER  |  WEDNESDAY, 11 JUN 2014
Former UBS financial adviser was banned from the financial services industry for engaging in misleading and deceptive conduct. Sebastian Konjevic was a client adviser of UBS AG holding an Australian Financial Services (AFS) licence from September 2005 ...

FWC halts default super review

JAMES FERNYHOUGH  |  WEDNESDAY, 11 JUN 2014
... employees," he said. However, ISA deputy chief executive Robbie Campo called on the FSC to support the FWC process. "The bank owned super funds oppose the process recommended by the Productivity Commission to ensure that default funds served the best ...

Market wrap

AAP  |  WEDNESDAY, 11 JUN 2014
... 29.5 cents at $59.345 and Fortescue Metals had shed eight cents to $4.55. The banks were higher, with National Australia Bank up four cents at $33.68, Westpac up 14 cents at $34.77, ANZ had advanced eight cents to $33.84 and Commonwealth Bank was eight ...

Indian optimism

BENJAMIN ONG  |  WEDNESDAY, 11 JUN 2014
... bounced up to 8.6% in April from 8.31% in March and 8.03% the month before. Stubbornly high inflation has kept the Reserve Bank of India (RBI) on the sidelines. In its June policy meeting, the RBI did nothing - it kept its key repo rate unchanged at ...

Market wrap AM

ALICE URIBE  |  WEDNESDAY, 11 JUN 2014
... economic news on Wednesday, Westpac and the Melbourne Institute release their latest survey of consumer sentiment. Reserve Bank of Australia chief information officer Sarv Girn is scheduled to speak at a Committee for Economic Development of Australia ...

Bridges brings another advice business under IOOF umbrella

LAURA MILLAN  |  TUESDAY, 10 JUN 2014
IOOF continues to grow its financial advice footprint after Bridges Financial Services acquired Credit Union Australia (CUA) financial planning division. Bridges, which is owned by IOOF, provides financial planning services to approximately 80% of the ...