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Showing 9561 - 9570 of 18276 results for "Plan"

Thousands of finance workers face axe: FSU

ALICE URIBE  |  FRIDAY, 30 AUG 2013
... at the moment," she told Financial Standard. Her comments come as the National Australia Bank reduces staff as part of a plan unveiled by chief executive Cameron Clyne to cut $800 million in costs a year by 2018. According to an FSU tally NAB has axed ...

Growth and QE - will this time be different?

BENJAMIN ONG  |  FRIDAY, 30 AUG 2013
... economic growth accelerates again. Perhaps, this time we won't re-live the experience of the past.A For this time the Fed's game plan is only to reduce the amount of stimulation in 'baby steps' and not shock the system by completely stopping quantitative ...

NAB denies "new" offshoring program in face of job loss figures

ALICE URIBE  |  THURSDAY, 29 AUG 2013
... jobs had been offshored this year. According to an FSU tally NAB has axed 571 staff, as the bank reduces staff as part of a plan unveiled by chief executive Cameron Clyne to cut $800 million in costs a year by 2018. This number is made up of 438 redundancies ...

YBR posts loss but boost in wealth management

LAURA MILLAN  |  THURSDAY, 29 AUG 2013
Yellow Brick Road (YBR) has reported a $6.6 million loss of profit for financial year 2013, but its wealth management revenue was up 217%. YBR chief executive Matt Lawler said that the loss of profit is "in line with expectations" due to the firm's ...

M&A drives SFG double digit growth

LAURA MILLAN  |  THURSDAY, 29 AUG 2013
Mergers and acquisition activity during recent months have deliveredA double digit earnings growth for SFG Australia. SFG saw a 15% increase on its operating earnings before interest, taxes, depreciation and amortisation (EBITDA) to $48.1 million for ...

PIS could face class action over "inadequate" advice

LAURA MILLAN  |  THURSDAY, 29 AUG 2013
Slater & Gordon are considering a class action against Professional Investment Services (PIS) after retail investors face losses from the collapse of a Queensland olive farm investment scheme. Over 350 Australians had ploughed approximately $25 million ...

Wealthy parents fear kids can't handle family fortune

MARK SMITH  |  THURSDAY, 29 AUG 2013
Almost three-fifths of wealthy parents lack confidence in their children's ability to handle a large financial inheritance, according to a recent survey from Bank of America private wealth subsidiary U.S. Trust. The private bank asked 711 Americans ...

Coin acquisition drives Rubik profit

MARK SMITH  |  THURSDAY, 29 AUG 2013
Financial software provider Rubik attributed its return to profit in 2013 to its acquisition of financial planning software manufacturer Coin. Rubik reported a net profit after tax of $857,000 for the 12 months to 30 June, reversing a loss of $790,000 ...

Coalition to save $1.6bn via SG delay

AAP & ALICE URIBE  |  WEDNESDAY, 28 AUG 2013
... Canberra on Wednesday. "After six years of Labor getting every single budget number wrong, enough is enough." The coalition's plan would put the budget in "slightly" better condition than under Labor, Mr Hockey said. Mr Hockey said the coalition would ...

Moore Stephens appoints GM of wealth management

LAURA MILLAN  |  WEDNESDAY, 28 AUG 2013
Moore Stephens Queensland has appointed a general manager for the firm's expanding wealth management division. Managing director Ken Pickard confirmed that Bob Blurton will be the general manager of Moore Stephens Wealth, which manages over $800 million ...