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Showing 1111 - 1120 of 2383 results for "Citi"

FIIG expands fixed income research team

EMMA RAPAPORT  |  WEDNESDAY, 15 MAR 2017
Fixed income broker FIIG Securities is creating one of Australia's largest sell-side credit research teams with the appointment of two senior researchers. Joining the fixed income team is John Manning, who will take over as director - credit research ...

Westpac deputy chief executive retires

KARREN VERGARA  |  WEDNESDAY, 15 MAR 2017
Westpac deputy chief executive Phil Coffey is retiring after spending more than 20 years at the bank. Coffey was appointed deputy chief executive in April 2014 and prior to that served as chief financial officer for eight years, and was the group executive ...

Prospectus lodged for ethically screened LIC

EMMA RAPAPORT  |  MONDAY, 13 MAR 2017
Morphic Ethical Equities Fund Limited, the first ethically screened global equity listed investment company in over a decade, is undertaking an initial public offering of ordinary shares after lodging its prospectus with ASIC. The company, which provides ...

ETFs are coming-of-age

EMMA RAPAPORT  |  FRIDAY, 10 MAR 2017
It took Australian exchange traded funds 10 years to reach $15 billion in assets under management, but only two to reach $25 billion. With the industry projected to hit $30 to 33 billion in assets under management, alongside a stream of new products ...

Steady as she grows

BENJAMIN ONG  |  WEDNESDAY, 8 MAR 2017
As expected, the Reserve Bank of Australia (RBA) kept the official cash rate unchanged at 1.5% -- where it had been since August last year -- while at the same time offering a positive outlook on the global and domestic economy. Not only has the RBA ...

Bennelong hires insto sales director

ALEX BURKE  |  MONDAY, 6 MAR 2017
Bennelong Funds Management appointed a new director of institutional sales. Matthew Briggs joins Bennelong from Citigroup, where he held multiple positions over 11 years - most recently a sales role at Prime Finance. At Bennelong he will report to head ...

Going good but there are risks

BENJAMIN ONG  |  MONDAY, 6 MAR 2017
The just-released "OECD Economic Surveys, Australia" provided a pretty growth picture of the domestic economy, forecasting GDP growth of 2.6% this year and 3.1% in 2018 - one that would lower the current jobless rate from 5.7% (January 2017) to 5.5% ...

CBA reviews part-time staff earnings

JAMIE WILLIAMSON  |  FRIDAY, 3 MAR 2017
The Commonwealth Bank will review its payments to part-time employees over the past eight years to determine if any are owed unpaid superannuation entitlements. Last week the Finance Sector Union claimed CBA failed to pay part-time staff members the ...

Custody sector hits $3 trillion

KARREN VERGARA  |  THURSDAY, 2 MAR 2017
The custody and administration sector grew 5.2% between June and December 2016, the latest figures from the Australian Custodial Services Association show. Assets under custody (AUC) for Australian investors reached $3 trillion for the first time, with ...

Super funds trawling eBay for legacy parts

ALEX BURKE  |  THURSDAY, 2 MAR 2017
FSC chief executive Sally Loane believes financial services laws are "locking down" the industry and consumers into out-dated products. Speaking at the FSC State of the Industry address in Sydney, Loane said the problem is embedded to the extent where ...