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Showing 8671 - 8680 of 17965 results for "Bank"

YBR acquires mortgage aggregator for $17.6 million

ALICE URIBE  |  MONDAY, 19 MAY 2014
... will operate as a separate division with the YBR group," he said. Shareholders that accepted the buyout include Macquarie Bank (the largest shareholder) and also an existing shareholder in YBR, and Trelayne Brown, a company controlled by Tim Brown, the ...

CBA, CSSA promote FoFA legal loophole

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
... that has been banned under the Future of Financial Advice (FoFA) legislation. The loophole, as described by Commonwealth Bank of Australia and the Corporate Super Specialist Alliance (CSSA), would get around current bans on conflicted remuneration by ...

CBA forced to review poor compensation methods

LAURA MILLAN  |  MONDAY, 19 MAY 2014
... Commission (ASIC) has imposed licence conditions to the Australian financial services licence (AFSL) of both Commonwealth Bank-owned businesses. The two Commonwealth Bank of Australia (CBA) businesses only implemented appropriate compensation processes ...

Growth and consequence

BENJAMIN ONG  |  MONDAY, 19 MAY 2014
... object pace - 0.1% -- in the first quarter from 2.6% in the previous one, the weather got in the way. Not that easy for the Bank of Japan (BOJ) though. It's still sweating out and may have to keep on sweatin' until the September quarter before it acts ...

IOOF secures strong advice channel with SFGA bid

LAURA MILLAN  |  FRIDAY, 16 MAY 2014
... would hold $51 billion in FUA; still less than AMP ($106.9bn), but only slightly behind RBS Morgans ($55bn) and Commonwealth Bank ($53bn). Major aligned players such as Westpac, NAB, Macquarie or ANZ would fall behind. SFGA managing director Tony Fenning ...

Market wrap

AAP  |  FRIDAY, 16 MAY 2014
... by 35 cents, or eight per cent, to $4.02 while Oz Minerals was eight cents, or two per cent, worse at $3.98. Commonwealth Bank has come back after hitting record highs this week, falling 48 cents to $80.72. Westpac had shed 15.5 cents to $34.325, ANZ ...

Budget reply speech 2014 -15: Bill Shorten

Market wrap

AAP  |  THURSDAY, 15 MAY 2014
... was nine cents higher at $38.39 while Rio Tinto had shed seven cents to $62.71. Among the major banks, National Australia Bank had fallen 11 cents to $33.49, and Westpac had lost four cents to $34.16, and ANZ was down nine cents at $33.06. But Commonwealth ...

International media question Australia's "austerity budget"

LAURA MILLAN  |  THURSDAY, 15 MAY 2014
... economists and analysts that the budget cuts will hit consumer confidence "at exactly the wrong time." The newspaper quoted an ANZ Bank survey that showed consumer confidence falling 11% in the three weeks before the budget was released, its lowest level ...

BOE qualifies for World Cup

BENJAMIN ONG  |  THURSDAY, 15 MAY 2014
... would remain easy (easier next month in the case of the ECB) - why couldn't the BOE? Yes it could! By most indications, the Bank of England (BOE) should have been lifting interest rates... yesterday. Let us count the ways... Economic growth is accelerating. ...