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Showing 9681 - 9690 of 17967 results for "Bank"

Market Wrap

AAP  |  TUESDAY, 28 MAY 2013
... overnight for holidays. In company news on Tuesday, OZ Minerals holds its annual general meeting in Melbourne. Commonwealth Bank chief executive Ian Narev and Wesfarmers chief executive Richard Goyder are among the speakers at a chief financial officers' ...

Market Wrap PM

AAP  |  MONDAY, 27 MAY 2013
... With the outlook for commodities uncertain given indications of a slowing Chinese economy, there was scope for the Reserve Bank of Australia to consider further cuts to official interest rates, Ms Chan said. "It just bodes well I suppose for the RBA ...

Direct insurance races for advised market share

LAURA MILLAN  |  MONDAY, 27 MAY 2013
Direct insurance is already having an impact on the advisory market share, with direct companies offering similar products at a lower cost. Direct risk companies currently hold 24.2% of the market share, right behind non-aligned dealers, which hold ...

ASIC appeals Macquarie's Storm settlement

MARK SMITH  |  MONDAY, 27 MAY 2013
... against the Federal Court's decision to approve a settlement between the former clients of Storm Financial and Macquarie Bank. The settlement follows a class action brought against the bank by Sydney law firm Levitt Robinson in the wake of the margin ...

Super funds need low volatility shares for pension portfolios

MARK SMITH  |  MONDAY, 27 MAY 2013
... index," Tagliaferro explained. The boutique's flagship Australian Share Fund lists dividend favourites Westpac, Commonwealth Bank, Telstra, National Australia Bank and Wesfarmers amongst its top-10 holdings. In the 15 years since the fund's inception ...

Gold as an "insurance" against inflation: Lazard

LAURA MILLAN  |  MONDAY, 27 MAY 2013
Gold can be a good "insurance policy" against inflation as global central banks are following a policy of quantitative easing (QE) that could devalue the money, according to Lazard. Lazard portfolio manager of Global Thematic Equity Nicholas Bratt expressed ...

Careful of the recession you wish for

BENJAMIN ONG  |  MONDAY, 27 MAY 2013
... of them all. Recession talks are beginning to be the thing du jour. Last month, the Sydney Morning Herald (SMH) reported Bank of America Merrill Lynch Australia chief economist Saul Eslake warning, "we could be in recession within two years once investment ...

Market Wrap PM

AAP  |  FRIDAY, 24 MAY 2013
... there," he said. "People are happy to buy the dips." Locally, financial stocks were mixed, however, with ANZ the only big bank to open firmer. It had risen three cents to $28.16 by 1030 AEST. But, by 1040 AEST, all the banks were in the red, with ANZ ...

Platinum remains bullish on Japan

ALICE URIBE  |  FRIDAY, 24 MAY 2013
Profits for Japanese companies are set to get higher despite the country already being in a bull market said Kerr Neilson, chief executive and founder of Platinum Asset Management. In an interview with Financial Standard, Neilson said the fund manager ...

The day the music died

BENJAMIN ONG  |  FRIDAY, 24 MAY 2013
... Governor Haruhiko Kuroda's 'revelation' to expect bond yields to rise as the economy improved (at the same time that his bank is buying JGBs to lower yields) - not good for the yen, not good for exports, not good for inflation, not good for lending ...