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Showing 9481 - 9490 of 17967 results for "Bank"

Market Wrap

AAP  |  FRIDAY, 26 JUL 2013
... chance. "The banks are probably seeing a bit of benefit from that," Mr Russell said. ANZ added 24 cents to $29.36, Commonwealth Bank put on nine cents to $73.61, NAB found 12 cents to $30.99 while Westpac gained 34.5 cents to $30.41. Macquarie Bank ...

SSgA invests $50m in Chinese fund manager partnership

MARK SMITH  |  FRIDAY, 26 JUL 2013
Investment manager State Street Global Advisors (SSgA) has launched a joint venture in China with Zhongrong International Trust (ZRT). Based in Beijing, the joint venture will manage local investment funds on behalf of retail, high net worth and institutional ...

First submissions to ASIC inquiry made public

LAURA MILLAN  |  FRIDAY, 26 JUL 2013
... since it was open for submissions on July 8. One of the documents presents the case of a 71 and 64 year old couple whose bank approved a $900,000 loan for a 30 year term in 2007 without consulting with them. "We did not want, or ask for such a big loan," ...

Ex Genesys CEO joins boutique board

JAMES FERNYHOUGH  |  FRIDAY, 26 JUL 2013
... investment management firm with $250 million in funds under management. Tim Farrelly, formerly executive director of Macquarie Bank Ltd, is a member of the company's Asset Allocation Investment Committee.

Market Wrap AM

AAP  |  FRIDAY, 26 JUL 2013
... prices hit resources companies and the big banks climbed. The market was in negative territory all day until a late rally in bank and property shares lifted the main indices. The benchmark S&P/ASX200 index was up 0.5 points, or 0.01 per cent, at 5,035.6 ...

Market Wrap

AAP  |  THURSDAY, 25 JUL 2013
... per cent, or $7.36, to $8 as the federal government pushes ahead with its proposed fringe benefits tax reforms. Macquarie Bank was also lower, dropping $1.21 to $44.41, despite the investment bank saying it expected profits to rise thanks to a lower ...

SFG to look at WHK acquisition after reporting season

LAURA MILLAN  |  THURSDAY, 25 JUL 2013
... respective business transformation. The company also revealed that it has appointed a number of financial advisers including Bank of America Merrill Lycnh (BAML) "to consider and review a range of potential opportunities in the rapidly changing financial ...

Fidelity launches new mid-small cap Australian equity fund

MARK SMITH  |  THURSDAY, 25 JUL 2013
Fidelity has launched a new Australian equity fund focusing on the mid- and small-cap market. The Fidelity Future Leaders Fund will comprise a portfolio of between 40 and 70 stocks from outside the Australian market's 50 largest companies. The fund ...

Macquarie expects 2014 profit rise after strong quarter

MARK SMITH  |  THURSDAY, 25 JUL 2013
The strong performances of Macquarie Group's wealth divisions have led the financial services company to confirm it expects to report a year-on-year rise in profits for 2014. In a first quarter update ahead of the group's annual general meeting, managing ...

CBA in talks to hand over management of three funds

MARK SMITH  |  WEDNESDAY, 24 JUL 2013
Commonwealth Bank has submitted proposals to the boards of two trusts allowing it to relinquish its funds management responsibility. CBA confirms it has submitted indicative, non-binding proposals to the Commonwealth Managed Investments Limited (CMIL) ...