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| | | ... asset-purchase program and provide clues about when the pullback might begin. The major business news in Australia is ANZ bank's record $6.5 billion full year cash profit, up 11 per cent on the previous year. ANZ's shares are flying, up 69, or 2.1 per ... |
| | | | ... Tuesday, the December share price index futures contract was up four points at 5,434. In economic news on Tuesday, Reserve Bank of Australia Governor Glenn Stevens is slated to speak at Citi's 5th Annual Australian & New Zealand Investment Conference ... |
| | | | ... commence the next phase of our business. We have made significant investments in our Australian franchise and as a global bank, we recognise the importance of this dynamic in the fast growing local market." |
| | | | ... appointed a deputy chair in the shape of Christine Bartlett, executive general manager, asset servicing at National Australia Bank. She will replace Paul Khoury of State Street, who has stepped down from the role after two years as deputy chair and five ... |
| | | | ... the six largest stocks on the market, are all making solid gains as traders position themselves ahead of National Australia Bank and ANZ's release of full year results this week. ANZ is the best performer, up 43 cents, or 1.3 per cent, at $33.09, while ... |
| | | | ... Monday. In equities news, GPT Group is expected to give a third quarter report and strategy update, while Bendigo and Adelaide Bank has its annual general meeting scheduled. In Australia, the market on Friday defied falls on other Asian markets to end ... |
| | | | ... presentation at the CFA Institute Investment Conference in Melbourne yesterday the former president of the Federal Reserve Bank of St. Louis said that the expansionary effect that can be seen in the market is coming from investors' expectations rather ... |
| | | | ... rose three cents to $5.33. Of the big banks, Westpac gained 15 cents to $34.33, ANZ was up 19 cents to $32.56, Commonwealth Bank added 25 cents to $75.83 and National Australia Bank was 25 cents higher at $35.84. |
| | | | ... revealed it took the regulator months to act on information about misconduct in the financial planning unit of Commonwealth Bank. |
| | | | Some years back I used to have discussions with several of my gentle readers (you know who you are, gentle folks) about whether or not QE would work, is working, or not. The passage of time since the Fed minted its first QE dollar had proven that it ... |
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