Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 8641 - 8650 of 17965 results for "Bank"

Market wrap

AAP  |  TUESDAY, 27 MAY 2014
... Among the major banks at 1018 AEST, Westpac gained 18 cents to $34.34, ANZ lifted three cents to $33.70, National Australia Bank rose 10 cents to $33.62, and Commonwealth Bank was 26 cents higher at $81.82. Suncorp dropped 29.5 cents to $13.39 after ...

APRA announces draft 2014-15 supervisory levies

ALEX DUNNIN  |  TUESDAY, 27 MAY 2014
The Australian Prudential Regulation Authority (APRA) and Treasury have issued a discussion paper on the proposed supervision levies they wish to impose on financial entities for next financial year. In the paper APRA said it needs to raise $117 million ...

Future Fund appoints head of ESG risk management

MARK SMITH  |  TUESDAY, 27 MAY 2014
... global head of sustainability with De Lage Landen which is part of Rabobank Group. He has held similar roles at ABN AMRO Bank, PricewaterhouseCoopers and AT Kearney, including experience across Europe, Asia and Australia. "Integrating ESG risk management ...

Help is on its way

BENJAMIN ONG  |  TUESDAY, 27 MAY 2014
If three weeks (almost) ago European Central Bank (ECB) president Mario Draghi still gave himself a bit of wiggle room not to act (or defer action) - "after having seen the Staff projections that will come out in early June" - he did none of that when ...

Banks support the "original" FoFA intent: ABA

LAURA MILLAN  |  MONDAY, 26 MAY 2014
... otherwise is simply false," ABA acting chief executive Diane Tate said. She added that the legislation never intended to include bank tellers, who are usually the ones providing general advice or advice on one single product. "The technical amendments ...

Invest in UK infrastructure, super funds urged

JAMES FERNYHOUGH  |  MONDAY, 26 MAY 2014
... pension funds in the United Kingdom do not invest directly into infrastructure. They will give a sizeable chunk of money to a bank like Macquarie who will invest on their behalf." She said that is now changing, but that it's a "huge learning process." ...

Market wrap

AAP  |  MONDAY, 26 MAY 2014
... Among the major banks at 1027 AEST, Westpac had lifted 12 cents to $34.31, ANZ gained 16 cents to $33.76, National Australia Bank dipped nine cents to $33.48, and Commonwealth Bank was steady at $81.31. In the resources sector, global miner BHP Billiton ...

Challenger makes senior Fidante Partners appointment

MARK SMITH  |  MONDAY, 26 MAY 2014
Challenger's multi-boutique funds management business, Fidante Partners, has appointed a senior business development manager from Morgan Stanley. Investment banker Gabrielle Munzer was most recently an executive director, global capital markets at Morgan ...

Let's talk about VIX baby

BENJAMIN ONG  |  MONDAY, 26 MAY 2014
... billion monthly) but... it's also at pains forward guiding markets that interest rates would remain low for longer. So is the Bank of England despite obvious indications of strengthening momentum in the UK economy. So is the Bank of Japan. Monetary policy ...

Intra-fund advice is also a commission: FSC

LAURA MILLAN  |  FRIDAY, 23 MAY 2014
The Financial Services Council (FSC) said that asking for a ban of commissions on general advice is "hypocritical" when intra fund advice itself is "non-transparent." FSC policy and global markets director Andrew Bragg and senior policy manager Cecilia ...