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Showing 8711 - 8720 of 17965 results for "Bank"

Market Wrap PM

AAP  |  WEDNESDAY, 7 MAY 2014
... tech stocks caused a sizeable drop. All sectors of the local market fell in early trade. Among the major banks, Commonwealth Bank was off 50 cents at $78.79, ANZ was 20.5 cents lower at $33.875, Westpac was down 15 cents at $34.54 and National Australia ...

YBR poised to acquire mortgage aggregator

LAURA MILLAN  |  WEDNESDAY, 7 MAY 2014
... acceptance of the buyout offer. The directors of Vow, its chief executive Tim Brown and the largest shareholder, Macquarie Bank, have accepted the YBR offer to buy the totality of Vow shares. These acceptances amount to approximately 40% of Vow's issued ...

Market Wrap AM

AAP  |  WEDNESDAY, 7 MAY 2014
... first time since the company's November initial public offering. A 27.1 per cent fall in earnings at AIG sparked selling in Bank of America, JPMorgan Chase and other banks. AIG shares fell 4.1 per cent. LONDON - Europe's main stock markets fell, with ...

Promises promises and broken promises

BENJAMIN ONG  |  WEDNESDAY, 7 MAY 2014
Were you not as surprised as I was? I bet you weren't Virginia, not even your uncle and his dog, when the Reserve Bank of Australia (RBA) announced that it was doing nothing - it left the official cash rate steady at 2.5%. While the RBA mostly stuck ...

Market wrap

AAP  |  TUESDAY, 6 MAY 2014
... investors see as fully priced. Investors seemed to be waiting for the latest unemployment data on on Thursday, as the Reserve Bank is not expected to make any change to the cash rate on Tuesday, he said. "We are in a bit of a holding pattern at the moment ...

Super to engender securitisation 'rebirth': Brogden

JAMES FERNYHOUGH  |  TUESDAY, 6 MAY 2014
The superannuation system could use its huge and ever-growing pool of capital to become a mortgage lender in partnership with the banks, according to Financial Services Council chief executive John Brogden. Speaking at the Actuaries Institute's Financial ...

ECP Asset Management expands to Sydney

MARK SMITH  |  TUESDAY, 6 MAY 2014
... experience in financial services. His most recent position was managing director, global natural resources with Macquarie Bank. He has also held analyst positions with ABN Amro and Yahoo, as well as a role with KPMG. "We are very pleased to now welcome ...

Citi wins custody of Norway's Oil Fund

JAMES FERNYHOUGH  |  TUESDAY, 6 MAY 2014
Citi has replaced JP Morgan as custodian to Norges Bank Investment Management (NBIM), the body that manages Norway's $850 billion Government Pension Fund Global. Colloquially known as 'the Oil Fund', according to Towers Watson it is the second largest ...

Certitude appoints adviser relationship manager

MARK SMITH  |  TUESDAY, 6 MAY 2014
... SuperIQ as a client services officer to its large SMSF client base. He has also held similar roles with CSR, Commonwealth Bank and Cover More Travel Insurance. Before making his move into the financial services industry Williams was a Royal Marines Commando ...

Market Wrap AM

AAP  |  TUESDAY, 6 MAY 2014
... casualties and Russia warning the violence was putting peace in Europe in peril. Locally, in economic news on Tuesday, the Reserve Bank of Australia holds its monthly board meeting and makes its interest rate decision. The Australian Bureau of Statistics ...