Bank results underpin wealth management new eraBY LAURA MILLAN | FRIDAY, 8 MAY 2015 12:15PMAs the big four banks prepare for the end of the extraordinary bull run experienced since the global financial crisis, their wealth management arms also gear up for a new era. Related News |
Editor's Choice
Janus Henderson acquires NBK Wealth, Tabula Investment Management
Janus Henderson has acquired the wealth management arm of the National Bank of Kuwait, NBK Wealth, as well as European ETF provider, Tabula Investment Management.
ART names advice and education leads
Australian Retirement Trust (ART) has revamped its advice, guidance and education team and created two new leadership roles.
Men, women in same occupation drive pay gap
A whopping 80% of the gender pay gap can be attributed to women being paid less than men within the same occupation, a new economic analysis shows.
Macquarie Group profits falls 32% to $3.52bn
Macquarie Group has reported a net profit of $3.52 billion for the year ending 31 March 2024, a 32% decrease from the previous year.
Products
Featured Profile
Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
Oh humm. The big four banks (and others) will have to deal with potential conflicts of interest. Right! That is, they wont want their scapegoat, so-called financial planners gunning for bank business? Right. Right!
And as far as funds management is concerned, they wont carry on trying to convince an unsuspecting (or is it conditioned) public that share price movements are a reliable form of investment return? One, that is, that can be used as a secure basis for building up one's retirement funding 'piggy-bank'?
Right. Right!
A philanthropic revolution coming up.