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Showing 9721 - 9730 of 17967 results for "Bank"

Market Wrap PM

AAP  |  FRIDAY, 10 MAY 2013
... setting fresh closing records. Locally, the major banks mostly opened higher. Westpac surged 15 cents to $33.50, Commonwealth Bank jumped 45 cents to $71.49, National Australia Bank added five cents to $32.73 and Macquarie Bank gained 55 cents to $45.95. ...

Rate cuts prompt SMSF cash exodus

MARK SMITH  |  FRIDAY, 10 MAY 2013
... and savings accounts are now less attractive to investors versus riskier assets with higher yields. Last week the Reserve Bank of Australia (RBA) cut the base rate an additional 25 basis points to record low of 2.75%. AMP SMSF administration head of ...

First Super to take action over JPM governance concerns

MARK SMITH  |  FRIDAY, 10 MAY 2013
... be an emerging global consensus that a number of directors are fundamentally not fit to maintain their positions with the bank, given recent scandals." "Open, transparent, representative governance is not only overdue but essential for improved risk ...

Market Wrap

AAP  |  FRIDAY, 10 MAY 2013
... on Friday, the June share price index futures contract was up one point at 5,195. In economic news on Friday, the Reserve Bank of Australia is due to release its Statement on Monetary Policy. In equities news, the High Court is expected to release its ...

Market Wrap PM

AAP  |  THURSDAY, 9 MAY 2013
... opened relatively flat despite a positive lead from overseas markets. Early trading was marked by a drop in National Australia Bank (NAB), after it reported its half year net profit grew by 23 per cent to $2.52 billion. NAB's cash profit, the bank's ...

Platinum board restructure, Neilson steps down as CIO

ALICE URIBE  |  THURSDAY, 9 MAY 2013
After 19 yrs as chief investment officer of Platinum Asset Management (Platinum), Kerr Neilson will step down from the role, but will remain on as chief executive officer. Lead manager and investment star Neilson founded Platinum in 1994 with four former ...

NAB Wealth profits stable

MARK SMITH  |  THURSDAY, 9 MAY 2013
National Australia Bank (NAB) has reported a 1.5% decrease in cash earnings for its wealth division, following a fall in insurance earnings. Earnings in the wealth business stood at $256 million for the half-year to March 2013, down from $260 million ...

Exchange-traded government bonds to trade on ASX

ALICE URIBE  |  THURSDAY, 9 MAY 2013
... billion. ASX has appointed three market makers to provide continuous two-way pricing in all bond series. They are Commonwealth Bank of Australia, J.P. Morgan Australia, and UBS AG, Australia Branch,They have been given short selling relief by the Australian ...

Rainmaker Excellence Awards 2013

STAFF WRITER  |  THURSDAY, 9 MAY 2013
... Consolidation Telstra Super Hello Tomorrow HOSTPLUS Best Advertising Campaign of the Year (Consumer Division) Winner CAN Commonwealth Bank of Australia Finalists SuperFit MLC Heritage Bank Heritage Bank Prepare For The Best BT Financial Group Future-Proof ...

Money, money, money

BENJAMIN ONG  |  THURSDAY, 9 MAY 2013