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Showing 1681 - 1690 of 17952 results for "Bank"

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2023
... the transformation of our Advice business, where we have more than halved the losses, and our key growth businesses - AMP Bank and Platforms - are starting to benefit from the investments we are making in those businesses. In our flagship North platform ...

I know it's hard, but it could be harder: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 15 FEB 2023
Appearing at a Senate hearing today, Reserve Bank of Australia (RBA) governor Philip Lowe said people have forgotten how corrosive inflation is. The governor explained the RBA has one priority and that is to bring inflation down. "Inflation at the moment ...

ASIC acts to combat financial inequality for First Nations people

ANDREW MCKEAN  |  WEDNESDAY, 15 FEB 2023
ASIC has published an Indigenous Financial Services Framework to support positive financial outcomes for First Nations people. The Framework's development is the result of extensive consultations with stakeholders, including First Nations people, financial ...

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
Despite reporting bumper profits this morning, Commonwealth Bank continues to put out fires from its misconduct stemming from the Hayne Royal Commission, as it looks to tackle several class actions in 2023. One ongoing lawsuit alleges that Colonial ...

Cboe Australia chief exits, successor named

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
... president. Jokovic joined the exchange in 2018 when it was known as Chi-X and before that spent over two decades at Deutsche Bank in various roles that included managing director, co-head of global markets for Australia and New Zealand. He also held ...

QIC inks PRP, TEEG deals

JAMIE WILLIAMSON  |  TUESDAY, 14 FEB 2023
... healthcare and entertainment sector exposures sitting alongside existing investments in the technology, consumer staples and non-bank financial services sectors," he said. "These latest deals are a prime illustration of the high quality, appealing yields ...

Challenger reports strong results

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
... collaborated on bringing the Apollo Aligned Alternatives (AAA) fund to Australia. The two companies have also been working on a non-bank lending joint venture that will provide finance solutions in sectors not well served by traditional providers. Also ...

Recession risk for Australia minimal: Forum

KARREN VERGARA  |  TUESDAY, 14 FEB 2023
... "The consensus is that inflation is peaking about now and will reduce throughout 2023, albeit finishing above the Reserve Bank of Australia's target range to close out the year." Inflation hit a whopping 7.8% at the end of 2022, spurring the RBA ...

New chief for Queensland Treasury Corp

ELIZABETH FRY  |  MONDAY, 13 FEB 2023
... in September 2021, having been a Deputy Under Treasurer since May 2020. The hire followed 13 years with the Commonwealth Bank, including four as its managing director for the Americas. He arrived at CBA from an earlier stint at QTC, where he was a director ...

Women the future of advice: Netwealth

CASSANDRA BALDINI  |  MONDAY, 13 FEB 2023
... wealth building exercise, whereas 45% wanted to generate an additional income stream, 34% wanted somewhere other than the bank to keep money and 31% wanted to leave something for their family. Another trend highlighted is 64% of women prefer to invest ...