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Showing 1221 - 1230 of 5334 results for "Third"

Chief economist update: The UK's new plan... after two plans

BENJAMIN ONG  |  FRIDAY, 23 OCT 2020
... re-imposition of restrictions. The £64 million question then becomes how soon is soon enough to end restrictions to prevent a third wave and even more government and central bank money spent.

Bumpy quarter for AMP

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
... Ferrari said the business has performed resiliently through the challenges of COVID-19 and a period of internal change in the third quarter. "Our people have continued to face into the disruption, remaining focused on supporting our clients through programs ...

Bendigo and Adelaide Bank overstates liquidity

ANNABELLE DICKSON  |  THURSDAY, 22 OCT 2020
... requirements, APRA has enforced a 10% increase to the current liquidity coverage ratio which will remain in place until the third party review has been completed. APRA deputy chair John Lonsdale said the liquidity requirements ensure financial institutions ...

Future Fund posts modest growth

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... Costello said. "In the March quarter, global stock markets fell dramatically and the Australian equities index dropped over one third. There has been recovery since then, but the local market still remains significantly below the levels of 12 months ...

Super needs improvement: Report card

KARREN VERGARA  |  WEDNESDAY, 21 OCT 2020
... its annual study, trailing behind the Netherlands and Denmark, which received high distinctions, and Israel, which placed third. Australia's score decreased from 75.3 in 2019 to 74.2 this year, earning an overall B grade, meaning that while the pension ...

Societe Generale fined over client breaches

ANNABELLE DICKSON  |  WEDNESDAY, 21 OCT 2020
... breaching periods totalled approximately $771 million and the bank was fined $15,000 for these two counts. Furthermore, the third count was for breaches during January 2017 through to January 2018 where on 20 separate occasions part of Societe Generale's ...

Chief economist update: Japan's second wave

BENJAMIN ONG  |  WEDNESDAY, 21 OCT 2020
... BOJ's quarterly Tankan survey has also improved. The Tankan index for big manufacturers' sentiment rose to -27 in the third quarter of 2020 from an eleven-year low of -34 in the previous three-month period. The index for large non-manufacturers ...

Global firm hires local distribution head

JAMIE WILLIAMSON  |  TUESDAY, 20 OCT 2020
... for the past six years after joining from Investors Mutual. Federated Hermes said Horton will be responsible for raising third party assets and delivering new business targets across both Australia and New Zealand. He will report directly to head of ...

IAPF to acquire management rights for $40m

ELIZA BAVIN  |  TUESDAY, 20 OCT 2020
... internalise its management function, acquire the management rights of IAPF and assume the management rights of an unlisted third party opportunity fund called the TAP fund. IAPF is also seeking to invest in the TAP fund via a commitment of up to $30 ...

Chief economist update: Middle Kingdom on top

BENJAMIN ONG  |  TUESDAY, 20 OCT 2020
... which itself, represented a sharp recovery from the 6.8% contraction recorded in the March 2020 quarter. Sure, China's third quarter growth was less than market expectations for a 5.2% print but it affirms the OECD's statement in its September ...