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Showing 1181 - 1190 of 17948 results for "Bank"

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 ...

US investor tips $200m into Wingate

CHLOE WALKER  |  FRIDAY, 2 FEB 2024
... enable Wingate to capitalise on quality investment opportunities in the local CRE private credit market this year. The non-bank lender stated that the partnership reflects an increase in international investors who are interested to investing in Australia's ...

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
APRA has confirmed it will conduct a "deep dive review" of funds' exposures to unlisted assets later this year. Combining its policy and supervision priorities for the first time to give regulated entities a better idea of what to expect in the year ...

Westpac loses Ausgrid rate swap case

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... this inside information in acquiring and disposing of interest rate derivative products at market open to pre-position the bank to execute the transaction. On the day the saw was executed, Westpac's trading desk achieved a profit of $20.7 million. Close ...