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| | | ... has lifted its full year profit 49% as the company takes advantage of improved conditions in equity markets. The investment bank made a net profit of $1.265 billion for the 12 months to March 31, up from $851 million a year ago. As a result, Macquarie ... |
| | | | Mary Reemst will replace Greg Ward as managing director and chief executive of Macquarie Bank from 1 July. Reemst has been with the company for 15 years and is currently head of credit in the risk management group, a role she has held for the past 11 ... |
| | | | ... drivers in the market," he said. The big four banks were slightly higher, with ANZ up six cents at $34.14, the Commonwealth Bank three cents higher at $78.67, National Australia Bank seven cents better off at $34.78 and Westpac six cents better at $34.76. ... |
| | | | The Australian market looks set to open higher after a mixed performance on Wall Street ahead of key US jobs figures. At 0645 AEST on Friday, the June share price index futures contract was up 13 points at 5,447. Locally in economic news on Friday ... |
| | | | Phew! That was close. No Virginia, we didn't hear this sigh of relief from European Central Bank president Mario Draghi yesterday, but we would have had the Fed's policy announcement and America's first quarter GDP growth update not drowned out the ... |
| | | | ... statutory profit to $3.4 billion compared to the previous corresponding period. Cash profit was up 11% to $3.5 billion. The bank declared a fully franked dividend of 83 cps, up 14%, equates to a payment of $2.3 billion to shareholders. The global wealth ... |
| | | | ... materials." Despite its profit growth, ANZ was down 22 cents at $34.25, Westpac had fallen 25 cents to $34.87, National Australia Bank was 19 cents weaker at $35.11, but Commonwealth Bank was up nine cents at $78.99. BHP Billiton was down 15.5 cents ... |
| | | | ... economic news on Thursday, the federal government's National Commission of Audit report is due to be released. The Reserve Bank of Australia will release the April index of commodity prices, the Australian Bureau of Statistics will release the March ... |
| | | | ... executive Robbie Campo said the FSC's actions were "intended to delay, discredit and possibly derail the FWC process so that the bank owned super funds can exploit business banking relationships to sell their super products and avoid any independent ... |
| | | | ... Fortescue Metals was seven cents higher at $5.07. The banks are lower, following Westpac's receiving a share price downgrade from Bank of America. Westpac lost 32 cents to $35.07, Commonwealth Bank is 12 cents down at $78.82, ANZ shed 24 cents to $34.36 ... |
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