Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 9401 - 9410 of 17965 results for "Bank"

Hybrids must better convey risk: ASIC

JAMES FERNYHOUGH  |  TUESDAY, 20 AUG 2013
The Australian Securities and Investments Commission (ASIC) is cracking down on the misleading marketing of hybrid securities. ASIC has criticised what it terms "misleading labelling" and "unwarranted comparison" of hybrids to less risky products such ...

Market Wrap

AAP  |  TUESDAY, 20 AUG 2013
... June 30 was down from $195 million. Its shares were 9.25 cents higher at $1.08. In other equities news, National Australia Bank posted a $1.7 billion net profit for the three months to June, up from $1.2 billion for the same time last year. But the bank's ...

Trading platform bids to raise industry transparency standards

MARK SMITH  |  TUESDAY, 20 AUG 2013
... Saxo will send a quarterly review to all its clients to check between clients' trading accounts and the segregated trust bank accounts to ensure the two balances can be reconciled and matched, providing total transparency of client money (TOCM). The ...

NAB Wealth flat as bank's profit rises 2%

MARK SMITH  |  TUESDAY, 20 AUG 2013
National Australia Bank (NAB) has described stable earnings in its wealth division as it reports a 2% rise in cash profit to $1.5 billion in its latest quarterly update. The bank followed AMP and ANZ in expressing concern about the performance of its ...

AMP buys into QLD school build project

MARK SMITH  |  TUESDAY, 20 AUG 2013

Market Wrap AM

JAMES FERNYHOUGH  |  TUESDAY, 20 AUG 2013
... Tuesday, the September share price index futures contract was down 17 points at 5,071. In economic news on Tuesday, the Reserve Bank of Australia is due to release the minutes of its monthly board meeting. The Australian Bureau of Statistics releases ...

More taper talks

BENJAMIN ONG  |  TUESDAY, 20 AUG 2013

NAB tight-lipped on latest redundancies

JAMES FERNYHOUGH  |  MONDAY, 19 AUG 2013
National Australia Bank (NAB) has put the latest string of redundancies down to "natural attrition", after it was reported that around 15 members of NAB's custody arm, NAB Asset Servicing, had lost their jobs. This followed last week's large scale redundancies ...

Bendigo records $350 million in profits

JAMES FERNYHOUGH  |  MONDAY, 19 AUG 2013
Bendigo and Adelaide Bank (BEN) has announced profits and an after tax statutory profit of $352.3 million for the last financial year, a significant increase from $195 million in FY 2012. BEN also reported underlying cash earnings of $348 million, representing ...

Market Wrap

AAP  |  MONDAY, 19 AUG 2013
... underpinning much of the market. IG markets analyst Evan Lucas said several market heavyweights, including the Commonwealth Bank and Telstra, going ex-dividend were weighing on the market. But the energy majors were pushing the bourse into positive territory. ...