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Showing 8961 - 8970 of 9326 results for "Red"

NAB says it hopes to reopen FX desk soon

AAP  |  TUESDAY, 31 AUG 2004
National Australia Bank said today it hopes to reopen its foreign currency options trading desk soon after a major overhaul in the wake of the rogue trading scandal. In a letter to shareholders, NAB chairman Graeme Kraehe said the bank is working with ...

ING winds back exit fees

ING on Monday announced it will reduce the period before funds can be withdrawn from its Mortgage Trust without exit fees to one year from the current two years for all new accounts beginning 20 September. The Mortgage Trust paid an effective annualised ...

SFE profits surge, special dividend declared

The Sydney Future Exchange on Wednesday released its financial results for the half year-ending 30 June 2004, revealing a 46% jump in net profit from the previous corresponding half year to $26.9 million. The derivates exchange said the growth was being ...

Credit Suisse enters platform market

Credit Suisse Asset Management on Friday announced its first venture into the platform market with the launch of MasterWrap. "As the name implies, our platform is part master trust, part wrap," Credit Suisse Asset Management head of distribution Brian ...

Zurich Financial says first-half net profit up 93%

AAP  |  FRIDAY, 20 AUG 2004
Swiss insurance giant Zurich Financial Services today reported a first-half net profit of $US1.5 billion ($A2.1 billion), up 93% from $US752 million ($A1.05 billion) in the same period last year, and roughly in line with analysts\' expectations. The ...

AMP cuts super and pension fees by $40 mln in total

AAP  |  WEDNESDAY, 18 AUG 2004
AMP today announced fee reductions for Australian superannuation and pension products that will affect around 800,000 customers. AMP said the fee reduction scheme would take $40 million from fees taken. The reductions average 10% for Flexible Lifetime ...

Perpetual and CBA talking Symetry sale

Perpetual Trustees announced on Thursday it is in discussions with the Commonwealth Bank regarding the sale of platform operator Symetry. The funds manager said a number of alternatives in relation to the purchase by Commonwealth Bank are currently ...

Broking houses downgrade CBA after full year result

AAP  |  FRIDAY, 13 AUG 2004
Broking houses were marking down their earnings estimates for Commonwealth Bank of Australia for 2005 after Wednesday's full year earnings fell short of market expectations. Chief executive David Murray unveiled a whopping 28% rise in CBA\'s full year ...

CBA outlook very promising: Murray

AAP  |  WEDNESDAY, 11 AUG 2004
Commonwealth Bank of Australia chief executive David Murray said outlook for Australia\'s second biggest bank was very promising and it expected more than 10% cash earnings per share growth up to the end of 2005/06. Murray said cash earnings and dividends ...

RBA says surprising if interest rates do not have to rise again

AAP  |  MONDAY, 9 AUG 2004
The Reserve Bank of Australia (RBA) today said it would be surprising if interest rates did not have to be increased again at some stage. In its quarterly statement on monetary policy released today, the central bank said the current policy stance in ...