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Showing 151 - 160 of 471 results for "Tier"

Chief economist update: COVID-19 returns to Europe with a vengeance

BENJAMIN ONG  |  MONDAY, 19 OCT 2020
It won't be long now till we again hear "balcony concertos" - the ones started in Italy back in March this year (and gone viral on cyberspace) when the government imposed a hard lockdown to contain the coronavirus pandemic - for infections in Europe ...

APRA rolls out new assessment model

ANNABELLE DICKSON  |  WEDNESDAY, 7 OCT 2020
... risk assessment and staging. The regulated entities will be tiered according to the level of supervisory attention needed. Tier one institutions are those that have a large systematic impact that could affect financial stability, economic activity and ...

Ratings deteriorate at AMP

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... broadly in line with the system," it said. "The bank's capital position is good, with the bank reporting a common equity Tier 1 (CET1) ratio of 10.5% as at June 2020. Furthermore, the broader AMP group retains excess capital which could be used to support ...

CBA progresses with divestment to AIA

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
... $450 million for the sale of CommInsure Life with the proceeds resulting in a pro forma increase to the bank's Common Equity Tier 1 ratio of eight basis points at June 30. The payment follows a $500 million upfront payment in November 2019 and is part ...

Contango approves new WCM strategy

ALLY SELBY  |  MONDAY, 21 SEP 2020
... and Lanyon Asset Management, both lobbied for an alternative management proposal. CIE said the appointment of WCM, a "top tier manager with an outstanding long-term investment track record", was a positive outcome for the company. The new strategy, the ...

JobKeeper extension passed

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
The government's JobKeeper extension has been passed through parliament, prolonging the payments through till March 2021 and tapering the amount from December 2020. A new split system will replace the flat $1500 fortnightly payment with those who work ...

Hearts and Minds donates almost $10m to charity

ALLY SELBY  |  TUESDAY, 1 SEP 2020
... is up over 100%, we participated in Spotify, which is up over 75%, while Zillow Group, Microsoft, and our holdings in next tier tech companies have also performed well," he told Financial Standard. The listed investment company's largest holding (as ...

Industry veterans launch dealer group

ALLY SELBY  |  MONDAY, 17 AUG 2020
... cheapest then we're probably missing something," El Shammaa said. The newly launched Finchley & Kent is shooting to become a mid-tier dealer group, representing 50 to 100 advisers. "If a dealer group gets too big it becomes a numerical exercise like ...

CBA profit takes hit, dividend cut

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
... earlier by the bank. Deposit funding was up from 69% to 74% due to continued growth in deposit volumes and the Common Equity Tier 1 (CET1) capital ratio was up 90 basis points to 11.6%. Comyn said the bank is focused on helping its customers and the ...

New chief risk officer at Maple-Brown Abbott

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... said. "Both Wendy and Lata are exceptional candidates for these roles, with diverse, global experience with a variety of top-tier firms, and exemplify the cultural attributes we seek out. These appointments will add further momentum to our strategy to ...