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Showing 141 - 150 of 2177 results for %22Citi%22

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
... investors' minds in the US at the moment, its share price was down over 20%, and some of the larger commercial banks like Citi Group dropped by 5%," he said. In a joint statement, the Swiss National Bank (SNB) and the Swiss Financial Market Supervisory ...

abrdn loses global chief economist

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
Jeremy Lawson has resigned as global chief economist for abrdn, opting to return to Australia. Lawson has served in the role for 10 years, first appointed in March 2013. In 2018, he took on the additional responsibility of leading the group's research ...

Advice firms trading at premium: Broker

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
Financial advice firms continue to trade at a premium compared to other professional services firms, according to an industry broker. Centurion Market Makers' newly released Practice acquisition sale & valuation guide reveals that the demand for premium ...

FPA voices concern on proposed CSLR, FAR laws

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
The Financial Planning Association of Australia (FPA) has voiced concerns over the proposed Compensation Scheme of Last Resort (CSLR) and Financial Accountability Regime (FAR) legislation. While acknowledging the positive impact of an effective CSLR ...

Hines buys QLD industrial asset

CHLOE WALKER  |  THURSDAY, 2 MAR 2023
The global real estate manager has made its seventh industrial and logistics asset acquisition in Australia and its second in Queensland with the purchase of a Brisbane cold storage property. Located at 31 Lahrs Road in Ormeau Queensland, the 11,175 ...

Diverger highlights M&A progress, pipeline

JAMIE WILLIAMSON  |  MONDAY, 27 FEB 2023
In reporting its half-year results, Diverger reinforced its commitment to inorganic growth, saying a 13% drop in profits is owed, among other things, to investment in its FY25 strategy. Diverger reported underlying profit of $2.93 million, citing lower ...

Adviser pay, incentives disparity revealed

KARREN VERGARA  |  FRIDAY, 17 FEB 2023
Experienced financial advisers working across major cities are earning as much as $150,000 per year, significantly more than their counterparts in smaller and regional hubs. According to consulting firm Business Health, which canvassed nearly 100 advice ...

We did too much: Lowe

CASSANDRA BALDINI  |  FRIDAY, 17 FEB 2023
Fronting another parliamentary hearing today, Reserve Bank of Australia (RBA) governor Philip Lowe acknowledged the central bank incorrectly predicted rates wouldn't rise until 2024, admitting he's embarrassed. Lowe explained that the pandemic ...

Platinum Asset Management adds stewardship lead

RACHEL ALEMBAKIS  |  FRIDAY, 10 FEB 2023
... Bailey previously held roles as a senior research analyst at Adamantem Capital and Perpetual Limited, as well as roles at Citi and Lehman Brothers in the UK. Bailey previously spoke with FS Sustainability in her capacity at Melior on the need for ASX-listed ...

Assets under custody stagnant: Data

CASSANDRA BALDINI  |  FRIDAY, 10 FEB 2023
Total assets under custody in Australia have seen marginal growth in the six months to December end, however they've barely budged since last year. The latest data from the Australian Custodial Services Association (ACSA) showed total assets under custody ...