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| | | UBS and ME Bank have launched a high interest cash account service for superannuation fund members based on UBS's direct investment platform for superannuation funds. AustralianSuper is the first superannuation fund to offer the cash account as part ... |
| | | | ... Tasmania. Lamers, who will report to national sales director Gary Green, joins Bibby from Oxford Funding, a division of Bendigo Bank, where he worked for a total of nine years holding the position of head of debtor finance for more than four years. Lamers ... |
| | | | ... ($109 billion, up 13.6%), followed by Northern Trust ($86 billion, up 7.0%) and State Street ($85 billion, up 150.3%). HSBC Bank remains the dominant sub-custodian in Australia with $571 billion in subcustody assets. Assets held under administration ... |
| | | | ... give us greater clarity on who, what and where the war is being waged. No, not me! For aside from the Swiss the National Bank (SNB), which had been frank in capping the Swiss franc's appreciation since late 2011... SNB Press Release, Zurich, 6 September ... |
| | | | ... and the Westpac/Melbourne Institute's survey of consumer sentiment are due to be relesaed. In equities news, Commonwealth Bank, CSL, Boral, Stockland, Noni B, Ansell, Goodman Fielder, WorleyParsons, OZ Minerals, Computershare and Skilled Group are expected ... |
| | | | Gains by the major banks have pushed the Australian share market toward the 5,000 point level. At 1042 AEDT on Tuesday, the benchmark S&P/ASX200 index was up 16.3 points, or 0.33 per cent, at 4,975.8 points, while the broader All Ordinaries index had ... |
| | | | ... deposits since the GFC is now underperforming the Australian equity market by a factor of three to one. According to the Reserve Bank, the average one year term deposit is paying a yield of 4.2% pre tax, compared to the SelectingSuper default investment ... |
| | | | ... the March share price index futures contract was up 12 points at 4,931. In economic news on Tuesday, the National Australia Bank is expected to release its monthly business survey for January. In equities news, Bradken and Amcom are expected to post ... |
| | | | Two senior executives have left Commonwealth Bank's investment arm Colonial First State Global Asset Management after a restructure of the company's leadership team. After three senior internal appointments, Colonial First State Global Asset Management ... |
| | | | Victoria Teachers Mutual Bank will launch a low cost superannuation fund for its 86,000 members, it was announced today. The company, which was voted Australia's best bank in the 2012 Mozo Peoples' Choice Awards, will launch the online super account ... |
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