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Showing 1191 - 1200 of 4870 results for "DIVI"

NAB Private executive departs

KANIKA SOOD  |  WEDNESDAY, 8 JUL 2020
After Anthony Healy's departure from National Australia Bank's private banking business in March, another executive has left the bank. NAB Private customer executive Jason Murray is joining ASX-listed fintech FlexiGroup Limited as its chief financial ...

Australian Unity rejigs executive lineup

KANIKA SOOD  |  TUESDAY, 7 JUL 2020
Australian Unity has appointed a new chief executive for its wealth and capital markets business, as it also launches a new green bond fund backed by Crestone Wealth Management. Esther Kerr-Smith is moving into the role of chief executive for wealth ...

IFM Investors equities co-head departs

KANIKA SOOD  |  MONDAY, 29 JUN 2020
The industry-super-owned fund manager's global co-head of listed equities has left after eight years with the business. Neil Carter is leaving to pursue interest outside of funds management, an IFM spokesperson said. IFM, which is best known for its ...

Former BMO head joins big four executive line-up

ALLY SELBY  |  MONDAY, 29 JUN 2020
A former business banking head at the Bank of Montreal will relocate to Australia, after he nabbed a role as the group executive of business and private banking at one of the country's big four banks. Andrew Irvine has been appointed in the role at ...

Disgraced lobbyist charged

ALLY SELBY  |  FRIDAY, 26 JUN 2020
A disgraced American lobbyist, businessman and movie producer, who was played by actor Kevin Spacey in a movie about his life, has been charged over his role in a fraudulent bitcoin scheme. Jack Abramoff, who in 2006 was sentenced to six years in federal ...

Property investors should diversify: FSI

HARRISON WORLEY  |  WEDNESDAY, 24 JUN 2020
First Sentier's head of global property securities is urging investors to take a diversified approach to property, as some sectors fare better than others in the COVID-19 economic wash-up. First Sentier head of global property securities Stephen Hayes ...

Dividend yield set to dial down to zero

ALLY SELBY  |  WEDNESDAY, 24 JUN 2020
Contrarian fund manager Allan Gray predicts dividend headwinds are on the horizon, arguing investors shouldn't expect any yield from the majority of ASX-listed companies in the near future. Allan Gray chief investment officer Simon Mawhinney said he ...

Marianne Perkovic to depart CBA

ALLY SELBY  |  TUESDAY, 23 JUN 2020
The Commonwealth Bank has confirmed Marianne Perkovic will depart Australia's biggest bank, pointing to the recent transition of its private banking division as grounds for the exit. CBA's private banking business recently shifted to sit within ...

Capital raisings top $27bn, dividends down $10bn

ELIZA BAVIN  |  TUESDAY, 23 JUN 2020
New research from Ord Minnet reveals capital raisings topped $27 billion as at June 22, while dividends have been slashed by $10 billion. Ord Minnett said among the three categories of capital management initiatives, capital raisings include share placements ...

Challenger raising $300m, to add IG bonds

KANIKA SOOD  |  MONDAY, 22 JUN 2020
Challenger is raising up to $300 million to add to its balance sheet and will invest further in investment grade fixed income. The institutional placement of $270 million is priced at $4.89 per share for about 55.2 million new shares representing 9% ...