08/29/2014
The bulk of the profit was made up by the Kiwibank Banking Group (“Kiwibank”) which achieved an after-tax profit of $100 million, an increase of three per cent over the previous year’s profit of $97 million.
08/29/2014
Equity Trustees lifts profit 12%
Equity Trustees after tax profit rose 12% for the full year following the acquisition of ANZ Trustees.
08/29/2014
ICBC, China's Largest Lender, Posts Profit of $24.1 Billion in Latest Period
08/28/2014
Malayan Banking Bhd., Malaysia’s biggest lender, said profit rose at the weakest pace since 2009 last quarter as a slowdown in its investment banking business countered gains from loans growth.
08/28/2014
Agricultural Bank of China Ltd. reported the slowest first-half profit growth since it went public in 2010, while its bad-loan level picked up as the country's economic growth slows.
08/27/2014
ClearView Wealth has posted a 23% increase in after tax profit for the full year to 30 June while also announcing it is entering the low cost product market for low account balance investors .
08/27/2014
Fosun’s shares have gained two-thirds at the Hong Kong Stock Exchange in the past year.
08/25/2014
Net Profit Increased 18%, Ranked High among Listed PRC Banks
08/25/2014
Centrepoint Alliance has posted an $11 million turn around in after tax profit in the last 12 months reporting a $3.3 million profit for the past financial year up from the $7.8 million loss reported in the 2012-13 financial year.
08/22/2014
Wealth Management net income was a record $285 million, up $52 million or 22% compared to last year, mainly due to higher average fee-based client assets across all businesses resulting from capital appreciation and net sales
08/21/2014
In wealth management, operating earnings for 1H 14 were up 16 per cent compared with 1H 13, reflecting increased investment related income from higher customer account balances, a strong rebound in net cashflows and good cost control in a growing business
08/21/2014
Korean asset managers saw their net profit soar 51.8 percent in the first half of the year from a year earlier due to a rise in returns from stock investment
08/19/2014
The growth momentum of AUM appears to have been sustained going into the second half of the year. Improvement in fund performance and net sales sent the group’s AUM to an all-time high of US$10.7 billion as of the end of July.
08/18/2014
The update, released on the Australian Securities Exchange (ASX) today also pointed to a stronger performance by the bank’s wealth management division.