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Showing 1731 - 1740 of 17952 results for "Bank"

Bennelong picks new global chief executive

CASSANDRA BALDINI  |  FRIDAY, 13 JAN 2023
... where he held the role of global head. Prior to that, he worked in senior positions at Mercer, AllianceBernstein, Deutsche Bank, and more recently Challenger Investment Solutions. "We are delighted to welcome John as our new chief executive," Bennelong ...

Australian equities to outperform in 2023: VanEck

CASSANDRA BALDINI  |  FRIDAY, 13 JAN 2023
Australian equities are set to battle the bearish storm ahead and outperform global equities this year, according to the fund manager. Recent analysis by VanEck shows Australian equities, as represented by the S&P/ASX 200, was one of the best-performing ...

Aware Super, Goldman Sachs, Bank of America back Xpansiv

ANDREW MCKEAN  |  THURSDAY, 12 JAN 2023
Commodities platform Xpansiv has secured new strategic investors in Bank of America and Goldman Sachs, while Aware Super has deepened its investment. Xpansiv also announced the closing of a $125 million capital raise designed to fuel continued growth ...

Australian CPI accelerates to 7.3%

CASSANDRA BALDINI  |  THURSDAY, 12 JAN 2023
... Russel Chesler said labour market tightness, ongoing inflationary pressures and strong retail sales will keep the central bank on course to continue hiking rates for a while. "Retail sales in December went gangbusters with figures released by the Australian ...

World Bank warns of a sharp global growth decline

ANDREW MCKEAN  |  WEDNESDAY, 11 JAN 2023
The World Bank's Global Economic Prospects report forecasts declining global growth due to rising inflation, high interest rates and reduced investment. Fragile economic conditions have left the economy vulnerable to any new adverse developments, the ...

ART, Macquarie, PGGM partner on portfolio acquisition

ANDREW MCKEAN  |  WEDNESDAY, 11 JAN 2023
... The transaction will also be supported by a $1.65 billion acquisition facility, underwritten by BNP Paribas, Citibank, MUFG Bank and Natixis. A joint statement said: "This transaction will enable the business to further expand and diversify its fleet ...

Australians neglecting their retirement: Super fund

CASSANDRA BALDINI  |  WEDNESDAY, 11 JAN 2023
Investment options continue to flood the market meaning there is no shortage of places to stash your cash, but one super fund says the modern-day investor has lost sight of their superannuation. While more Aussies are engaged with investing, they are ...

Business leaders optimistic in face of inflation

CHLOE WALKER  |  WEDNESDAY, 11 JAN 2023
While most Australian mid-size businesses are grappling with the challenges driven by inflation, nearly six in 10 feel confident about the global and national economy, according to a recent survey conducted by J.P. Morgan. The second annual Australia ...

BlackRock appoints APAC head of wealth

CASSANDRA BALDINI  |  TUESDAY, 10 JAN 2023
BlackRock has named veteran James Raby as its APAC head of wealth, based in Hong Kong. He will report into BlackRock chair and head of APAC Rachel Lord and replaces Guilherme Lima. With more than 15 years of experience at the firm, Raby has held various ...

2023 will be better for bonds: Experts

CASSANDRA BALDINI  |  TUESDAY, 10 JAN 2023
Last year marked the worst performance for bonds since the 1970s and while soaring inflation overshadowed this narrative, it remains an important economic storyline for investors. Stepping into a new year and shaking off the 2022 credit chaos the question ...