Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1281 - 1290 of 3401 results for "Revenue"

Pendal profits plunge, advisers remain positive

KANIKA SOOD  |  THURSDAY, 2 MAY 2019
Pendal Group attracted $100 million net in adviser money in the first half, even as lower performance fees from its funds dragged down the first half results. Pendal reported a cash net profit after tax of $84.5 million, down 26% over 1H18. This slump ...

Chief economist update: S&P raises Duterte ratings

BENJAMIN ONG  |  WEDNESDAY, 1 MAY 2019
Money talks, prayers walk. This appears to be the overriding theme in the upcoming May 13 mid-term elections in the Philippines where "foul-mouthed and murderous" president Rodrigo Duterte's preferred senatorial and congressional candidates lead ...

Big banks forced to cut costs: Perennial Value

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 MAY 2019
... remediate customers will have an impact, adding: "The outlook for the banks is not good at the moment in the sense that revenue is muted because loan growth is slow." King referred to recent news Commonwealth Bank was considering major job cuts, which ...

Compensation experts boost chief executive pay

KARREN VERGARA  |  WEDNESDAY, 24 APR 2019
... Remuneration Group. "This may be because compensation consulting is a smaller percentage of [the big accounting firm's] revenue and service offerings, and therefore there is less financial dependence on any individual compensation consulting client," ...

Chinese investment in Australia down 36%

ELIZABETH MCARTHUR  |  MONDAY, 15 APR 2019
... challenges in raising capital in Australia - these factors lead Chinese investors to have a deteriorating outlook for revenue and profit growth in 2019.

State Street appoints international chief executive

KANIKA SOOD  |  MONDAY, 15 APR 2019
State Street has hired Citigroup's Asia chief executive as the new chief executive of its international business. Francisco Aristeguieta will be responsible for the company's business outside of US including strategy, client engagement, talent, growth ...

Financial adviser salaries revealed

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2019
... current role could expect annual remuneration in the realm of $120-160,000. This is partly influenced by the shift away from revenue-only linked bonuses, Kaizen said, with benchmark salaries now more likely to be based on a balanced scorecard method. ...

Colonial acquisition cost CBA shareholders $53bn: Merlon

KANIKA SOOD  |  TUESDAY, 9 APR 2019
... shares. The bank's rationale for the acquisition under Murray was that it would provide a strong platform for future revenue growth and lead to enhanced revenue potential from opportunities to offer customers a wider product set through a broader ...

Financial advice in 2030: What does it look like?

JAMIE WILLIAMSON  |  TUESDAY, 9 APR 2019
... their career in financial advice fresh out of university. Advice businesses will be facing reduced valuations of ongoing revenue, WealthDigital predicts. Meanwhile, the number of small to mid-sized privately-owned licensees will have grown, and many ...

Praemium loses major client

KARREN VERGARA  |  MONDAY, 8 APR 2019
Praemium has lost an Australian institutional client that contributed 8% to its revenue. ANZ Private made $4 million in revenue for Praemium during the 2018 calendar year. It will transition to new platform provider Netwealth from July 2019. While "it ...