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Showing 51 - 60 of 2564 results for "NAB"

BlackRock orders staff four days in office

KARREN VERGARA  |  FRIDAY, 19 MAY 2023
... be a key element in bringing down inflation and rising productivity," he told Fox News at the time. Among the local banks, NAB chief executive Ross McEwan recently told 9News that his senior staff must return to the office five days a week. "I'm ...

Ord Minnett welcomes head of private wealth

CHLOE WALKER  |  FRIDAY, 28 APR 2023
... an Olympian, Hegerty boasts over 18 years' experience in the financial services industry, having held senior positions at NAB, Westpac and at Wilsons, where he was general manager of private wealth. Most recently, he served as Ord Minnett's state manager ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... they're getting some income return from term deposits, even if these returns mightn't necessarily keep pace with inflation. NAB executive Paul Riley said the rising cost of living has prompted customers to be more price savvy. "Against uncertain ...

Lonsec nabs Franklin Templeton sales director

CHLOE WALKER  |  MONDAY, 24 APR 2023
Marc Hraiki will join the Lonsec team as its first executive director, adviser sales and service. Hraiki's appointment to the newly created role follows the acquisition of Implemented Portfolios in August last year and the subsequent restructure of ...

Soul Patts gives $200m to Pengana offering

CHLOE WALKER  |  WEDNESDAY, 19 APR 2023
... to investments and expertise. On this basis we have made a substantial capital investment to seed the portfolio." In 2017, NAB sold its stake in Pengana to WHSP. At the same time, Pengana merged with Hunter Hall.

US CPI inflation rate stays stubbornly high

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
The Consumer Price Index (CPI) rose 0.1% in March, remaining at 5% year on year. NAB economist Taylor Nugent said the US CPI showed welcome, but not overwhelming, progress. "Headline CPI rose less than expected, up 0.1% month on month, and 5.0% year ...

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
... Australia's (RBA) upcoming decision on whether to raise the 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 ...

BlackRock eyes new ETF products

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
... fixed income ETF offerings with the launch of the iShares Global Aggregate Bond ESG AUD Hedged ETF (AESG). In partnership with NAB Private Wealth, BlackRock also expanded its iShares ETF suite by listing three products, including a thematic ETF. The ...

Australian CPI falls to 6.8%, adds to halt hopes

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... that inflation has meaningfully peaked." Previous data released that have also helped shape the RBA decision are the March NAB Monthly Business Survey, February labour force data and February retail trade data. Miller said the first two key pieces of ...

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... April. In an economic outlook provided by Aird, he said two out of four domestic data releases have so far been published. "The NAB Business Survey was robust and the unemployment rate dipped to 3.5% in February from 3.7% in January," he said. The February ...