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Showing 51 - 60 of 2737 results for "Commonwealth Bank"

First Sentier clients walk away with $13bn

KARREN VERGARA  |  MONDAY, 5 JUN 2023
... $4.2 billion. It was previously known as Colonial First State Global Asset Management when it was owned by the Commonwealth Bank. Of the 154 managers Rainmaker assessed, 88 reported net losses, which equated to 58% negative net flows. The redemptions ...

Consulting triopoly dominates NFP super

JAMIE WILLIAMSON  |  WEDNESDAY, 24 MAY 2023
... ESSSuper. It also counts AustralianSuper as a client. WTW rounds out the triopoly with the likes of Aware Super and Commonwealth Bank Super. However, WTW's market share has shrunk considerably, and it will likely continue to do so if Commonwealth ...

Insignia bolsters executive leadership team

ANDREW MCKEAN  |  THURSDAY, 18 MAY 2023
... Renato Mota. Saxena joins with 20 years' experience in financial services, where he spent the last decade at the Commonwealth Bank of Australia. Prior to Insignia, he was executive general manager for operational risk for the bank's business support ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
The Reserve Bank of Australia (RBA) has admitted more interest rate rises might be on the horizon depending on how the economy and inflation track, but CommSec senior economist Ryan Felsman believes an increase next month is unlikely. In the minutes ...

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... this week after the RBA sent the cash rate up another 25 basis points to 3.85% but, in a new podcast episode, Commonwealth Bank head of Australian economics Gareth Aird says he wasn't one of them. Aird said CBA was accurate in its prediction that ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... more likely to keep their savings in term deposits than younger Australians aged 18-29," Riley said. Meanwhile, Commonwealth Bank executive general manager Kate Crous commented: "Term deposits have maintained their appeal for customers seeking stability ...

AMP promotes Diana Mousina

ELIZABETH FRY  |  TUESDAY, 11 APR 2023
... worked as a senior economist before being promoted to the role of Oliver's deputy. She began her career at Commonwealth Bank in 2011 as an institutional banking and markets graduate, gaining the title of economist two years later. Commenting on the ...

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
... cash rate from 3.6%. The major banks are at odds: ANZ and NAB forecast a 25 basis point cash rate hike, while Commonwealth Bank and Westpac anticipate the RBA to hold steady. Likewise, according to the latest Finder RBA cash rate survey, just over half ...

Super funds back new renewables platform

JAMIE WILLIAMSON  |  TUESDAY, 28 MAR 2023
... previously in place for each asset. The facility was provided by a consortium comprising ANZ, Bank of China, Commonwealth Bank, Industrial and Commercial Bank of China, ING Bank, Mizuho Bank, MUFG Bank, Sumitomo Mitsui Banking Corporation, and Westpa ...

Ignition chief executive resigns

KARREN VERGARA  |  MONDAY, 27 MAR 2023
... was executive director, head of distribution and sales, equities and retail markets at Westpac, and worked at Commonwealth Bank and HSBC. Keary said during his time as chief executive he "helped build a strong digital advice brand and prospect pipeline ...