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| | | ... sector. Credit Suisse Australia chief executive Rob Stewart said the new business will create opportunities for the private bank. "The small-cap sector is extremely important to Credit Suisse and our institutional and private banking clients," he said. ... |
| | | | ... Fortescue had jumped seven cents, or 1.23 per cent, to $5.77, However, the big four banks had a mixed start. Commonwealth Bank was down $1.60, or 2.11 per cent, at $74.39, but ANZ was up 29 cents, or 0.93 per cent, at $31.63, Westpac had gained 19 cents ... |
| | | | Bendigo and Adelaide Bank has lifted its first half cash profit almost 10 % after lower funding costs helped improve its margins. The bank made a cash profit of $185.9 million for the six months, up from $169.7 million a year ago. But net profit fell ... |
| | | | ... Bureau of Statistics releases new motor vehicle sales figures for January. In equities news, Ansell, Bendigo and Adelaide Bank, Aurizon, Ardent Leisure, Lynas, UGL and Ardent Leisure are expected to post first half results, while Australand is due to ... |
| | | | ... hangover from the wildest commodity-fuelled party in Australia's history had to catch up eventually. Since then, the Reserve Bank of Australia (RBA) has been forced to follow the example of the rest of the developed world, slashing interest rates to ... |
| | | | ... Lamb started his new role in December 2013 and is responsible for developing, implementing and reporting on Commonwealth Bank's insurance business investment strategies. "We're pleased to welcome Craig to CommInsure as Head of Investment Strategy in ... |
| | | | Matrix Financial Solutions will be focusing on strategies to attract advisers from aligned dealer groups after the resignation of its managing director Rick Di Cristoforo. "There are opportunities now that didn't exist five years ago, and this will ... |
| | | | ... This is a sharp turnaround from the $296 million first half loss recorded a year ago. Among the major banks, Commonwealth Bank rose 15 cents to $75.90, National Australia Bank added five cents to $34.06, Westpac lifted 16 cents to $32.60, and ANZ added ... |
| | | | BT is building a host of enhancements to its 13 year-old BT Wrap platform, with the first upgrade expected in the coming months. In a market update presentation to analysts, chief executive Brad Cooper said the new integrated platform would transform ... |
| | | | Federation Managed Accounts (Federation) have been added to the Australian Unity Personal Financial Services' (AU PFS) approved platform list. AU PFS chief executive officer Steve Davis said the operational structure of the platform coupled with the ... |
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