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Showing 8701 - 8710 of 17965 results for "Bank"

Westpac weighs in on FoFA debate

LAURA MILLAN  |  FRIDAY, 9 MAY 2014
... financial advice remains accessible and affordable, without compromising on the high levels of consumer protection," the bank said in a submission to the Senate inquiry. Westpac added that the original reforms increased consumer protection, but "fell ...

Westpac appoints head of private bank in Asia

AAP  |  FRIDAY, 9 MAY 2014
Westpac Banking Corporation today announced the appointment of Francis D'Souza as head of Westpac private bank, Asia. Based in Singapore, Westpac's regional head office, D'Souza will be responsible for the management and oversight of all of Westpac's ...

Action! in June

BENJAMIN ONG  |  FRIDAY, 9 MAY 2014
European Central Bank president Mario Draghi appears to have dragged out his promised action on monetary policy long enough. While the ECB announced no changes in monetary policy after its Governing Council meeting last night - the benchmark rate at ...

Market Wrap AM

AAP  |  FRIDAY, 9 MAY 2014
... Friday, the June share price index futures contract was up just one point at 5,460. In economic news on Friday, the Reserve Bank of Australia releases its latest statement on monetary policy. RBA assistant governor (financial markets) Guy Debelle is ...

NAB wealth division reports flat earnings

LAURA MILLAN AND AAP  |  THURSDAY, 8 MAY 2014
The National Australia Bank (NAB) wealth division has reported flat earnings in the first results following the appointment of Cameron Clyne as chief executive. NAB Wealth cash earnings were $174 million for the half year ending on March 2013, the company ...

Insurers upping risk to combat low yields

MARK SMITH  |  THURSDAY, 8 MAY 2014
... departure from last year's GSAM survey, which indicated that CIOs planned to make substantial allocations to floating-rate bank loans, it responses indicate the insurance industry now intends to make the greatest allocation increases to less liquid assets ...

Market wrap

AAP  |  THURSDAY, 8 MAY 2014
... employment figures. Also Chinese trade data for April could influence what the miners do later this afternoon." National Australia Bank shares were up 10 cents at $33.94 around 1030 AEST after starting the day lower. The bank has announced its first ...

Market Wrap AM

AAP  |  THURSDAY, 8 MAY 2014
... and departures numbers. The West Australian budget will be brought down on Thursday. In equities news, National Australia Bank is expected to post first half results, while Rio Tinto, AMP and Caltex have annual general meetings. Wesfarmers chairman Bob ...

Family office model attractive to feuding families

MARK SMITH  |  WEDNESDAY, 7 MAY 2014
Balancing the diverse needs and desires of various family members can be made significantly more difficult when large amounts of wealth are involved, research from Deloitte shows. The report, 2014 Private Wealth Outlook Championing Growth, found that ...

Stakeholders stage FoFA confrontation in Senate submissions

LAURA MILLAN  |  WEDNESDAY, 7 MAY 2014
A new round of submissions to the Senate inquiry into the Future of Financial Advice (FoFA) amendments has seen consumers, academics and industry bodies holding increasingly opposing positions. Most stakeholders focused on the most controversial topics ...