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Showing 131 - 140 of 16901 results for "Bank"

Grok Ventures appoints new chief executive

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024
Mike Cannon-Brookes' family office Grok Ventures has hired a new chief executive, recruiting a former BlackRock and Macquarie executive. Grok has named global funds management executive Tan Kueh as chief executive, while Jeremy Kwong-Law will remain ...

SIX launches share platform

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024
... "It will be more cost competitive than the big banks are," Verwey said. "Our users are likely going to be coming from a big bank broker or they're going to be trading for the first time. It's also really important to note that people that trade ...

Fund selectors harbour AI bubble fears, affirm belief in its longevity

ANDREW MCKEAN  |  THURSDAY, 8 FEB 2024
... expectations, from 8.8% last year to 6.3%. Recession fears top their concerns at 52%, with war and terrorism at 50%, and central bank errors at 36%. Yet, 56% remain optimistic about market performance, tempered by high uncertainty and risks. Concerns ...

BlackRock appoints Aussie head, builds out NZ business

CHLOE WALKER  |  THURSDAY, 8 FEB 2024
... Australasia. Prior to this, Collins held leadership roles in Australia and Asia including at BT Financial Group and Deutsche Bank. Collins' promotion comes as the fund manager plans to open the doors to its Auckland-based office in the first half ...

Cbus appoints head of stewardship

ANDREW MCKEAN  |  WEDNESDAY, 7 FEB 2024
... previously overseen by Monnier. Prior to BlackRock, Monnier held positions at Newton Investment Management in London, Macquarie Bank, and Bankers Trust. A statement from Cbus said that Monnier brings significant experience in investment stewardship ...

Aware Super restructures executive team

ANDREW MCKEAN  |  WEDNESDAY, 7 FEB 2024
... diverse needs. Before joining HESTA, Collins held customer-facing and operations executive positions at AXA, Commonwealth Bank of Australia, and National Australia Bank. She also served as the chief operating officer of Victorian Funds Management Corporation ...

NAB names new chief executive

CHLOE WALKER  |  WEDNESDAY, 7 FEB 2024
Andrew Irvine will become National Australia Bank's new group chief executive and managing director, succeeding Ross McEwan. Irvine has served as NAB's group executive and private business since 2020 and boasts 27 years of experience in financial services. ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
The Reserve Bank of Australia (RBA) kept the cash rate unchanged at 4.35% on the back of positive inflation data in its first meeting for 2024. Despite inflation registering at 4.1% for the month of December, down from a peak of 7.8% one year prior ...

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
HSBC chief economist Paul Bloxham says that despite widespread market enthusiasm for imminent central bank interest rate cuts, the Reserve Bank of Australia (RBA) is likely to hold off on such cuts for the foreseeable future. Bloxham said that the RBA ...

Oaktree's local head of distribution resigns

ELIZABETH FRY  |  MONDAY, 5 FEB 2024
Oaktree Capital Management's head of distribution for Australia and New Zealand has left the firm and is currently on gardening leave. Two years ago, Brett Penprase joined the US$172 billion investing powerhouse co-founded by Howard Marks with 27 ...