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Showing 9611 - 9620 of 17967 results for "Bank"

ME Bank wins A3 rating on super fund backing

JAMES FERNYHOUGH  |  TUESDAY, 18 JUN 2013
ME Bank, which was started by industry super funds, has been assigned an A3 rating by Moody's. The rating is a result of ME Bank's focus on providing low-risk residential mortgages to its members. "While it is a small bank in the Australian context ...

Aust shares weaken ahead of RBA minutes

AAP  |  TUESDAY, 18 JUN 2013
Australian shares are weaker as traders nervously await the Reserve Bank's June board meeting minutes, with the big banks and miners suffering losses. IG market strategist Stan Shamu said investors were regarding a July rate cut as a less likely prospect. ...

Credit Suisse awarded best UHNW service provider

LAURA MILLAN  |  TUESDAY, 18 JUN 2013
Credit Suisse has been awarded the award for best institution for its ultra high net worth (UHNW) service offering at the Australian Private Banking and Wealth Awards. Over the last 12 months, Credit Suisse has increased the number of relationship managers ...

OneVue beefs up team ahead of SMSF service launch

LAURA MILLAN  |  TUESDAY, 18 JUN 2013
Investment platform OneVue has strengthened its team in multiple areas ahead of the launch a self-managed super funds (SMSF) service. OneVue chief executive of strategic relationships Brett Marsh said that the firm planned to release the new SMSF services ...

Market Wrap

AAP  |  TUESDAY, 18 JUN 2013
... ahead of the widely-anticipated US Federal Reserve's policy meeting that's expected to give an indication on the central bank's plans on its stimulus measures. At 0805 AEST on Tuesday, the June share price index futures contract was up 11 points at 4,940. ...

Fund CEOs slam MySuper as 'death by a thousand cuts'

JAMES FERNYHOUGH  |  MONDAY, 17 JUN 2013
Superannuation fund leaders have said MySuper will fail to achieve its aims, while ensuring significant costs to super funds, according to a report conducted by Sussman Associates. Medium sized, generic funds were expected to get the worst deal out ...

Zurich awards Presima global REIT mandate

MARK SMITH  |  MONDAY, 17 JUN 2013
... it will bring to our diversified strategy." Presima is a partner boutique investment firm of nabInvest, National Australia Bank's direct asset management business. National Australia Bank's asset management businesses manage approximately $96 billion ...

No need to fear 1994-style crash

MARK SMITH  |  MONDAY, 17 JUN 2013
... stress following Federal Reserve chairman Ben Bernanke's suggestion that the time may be approaching to bring the central bank's quantitative easing program to a close. But Buckle says that the Fed is acutely aware of the importance of its policy decision ...

Aust shares weaken ahead of US Fed meeting

AAP  |  MONDAY, 17 JUN 2013
... mining stocks both in negative territory. RBS Morgans Ipswich manager Tony Russell said speculation about the American central bank's quantitative easing policy, ahead of its meeting this week, was causing the Australian market to follow Wall Street's ...

CBA launches MySuper compliant product

ALICE URIBE  |  MONDAY, 17 JUN 2013
The Commonwealth Bank (CBA) has targeted its small business and younger unadvised customers with the launch of a simple, low-cost superannuation offering. The product called, Essential Super, will be rolled out to CBA's customers from July 1, and is ...