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Showing 8721 - 8730 of 17965 results for "Bank"

Bored to zzz

BENJAMIN ONG  |  TUESDAY, 6 MAY 2014
... there's also Putin, of course. It's as boring as boring can be. 'Tis the same for today's meeting of the Board of the Reserve Bank of Australia (RBA). I can put so many words into this space to try and put reason to what I think the market thinks the ...

Saxo Capital Markets adds share options to platform

MARK SMITH  |  MONDAY, 5 MAY 2014
... development of the Saxo proposition, particularly at a time when appetite for this particular instrument is on the rise,"A Saxo Bank head of platforms and products Alan Plaugmann said. "As investors are seeking more diversity in asset classes, instruments ...

Market wrap

AAP  |  MONDAY, 5 MAY 2014
... at $34.46 despite reporting a record first half cash profit of $3.77 billion. ANZ was off 46 cents at $33.88, Commonwealth Bank sagged 76 cents to $78.38, and National Australia Bank retreated 42 cents to $34.14. Bendigo and Adelaide Bank was in a trading ...

BT Financial Group posts 21% profit rise

MARK SMITH  |  MONDAY, 5 MAY 2014
... Group's parent company, Westpac, reported a 10% rise in profits for the half year to 31 March 2014 to $3.622 billion. The bank saw a 7% increase in net operating income and a 22% reduction in impairment charges. Westpac has announced a fully-franked ...

NAB and FSC tight-lipped on Hockey meetings

JAMES FERNYHOUGH  |  MONDAY, 5 MAY 2014
The Financial Services Council (FSC) and National Australia Bank (NAB) have given little away about their involvement in Treasurer Joe Hockey's cash-for-meetings program reported by Fairfax this morning. Both The Sydney Morning Herald and The Age this ...

New reports to stir financial planning perfect storm

LAURA MILLAN  |  MONDAY, 5 MAY 2014
New information about the sales-driven culture inside the Commonwealth Bank's financial planning unit has prompted the Financial Planning Association (FPA) to leap to advisers' defense. Tonight's airing of 'Banking Bad' on the ABC's Four Corners program ...

Platform error forces NAB to pay further compensation

LAURA MILLAN  |  MONDAY, 5 MAY 2014
A review of NAB Wealth's Navigator platform has revealed that the bank made a mistake when calculating compensation to 43,000 clients in 2012. NAB Wealth expects the compensation to be less than $200,000, which adds to the $1.9 million that the bank ...

CBA likely to appoint from within for CIO role

STAFF WRITER  |  FRIDAY, 2 MAY 2014
Commonwealth Bank (CBA) chief information officer Michael Harte will leave the group on mid-2014 to take up the role of chief operations and technology officer of Barclays Bank in London. It is likely that the replacement will come from within the CBA ...

David Murray gives first insight into FSI

LAURA MILLAN  |  FRIDAY, 2 MAY 2014
The Financial System Inquiry (FSI) chairman David Murray said that the committee will focus on ageing, technology and innovation as drivers of change and at how these affect regulation, competition and consumer outcomes. Murray said that the committee ...

IOSCO recommends improved disclosure for direct products

ALEX DUNNIN  |  FRIDAY, 2 MAY 2014
The growth of directly distributed financial products has pushed a Joint Forum of the International Organisation of Securities Organisations (IOSCO) to call for improved global regulation and disclosure standards for products sold this way. In Australia ...