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Showing 171 - 180 of 3424 results for commonwealth bank

Morningstar hires fixed income lead from PATRIZIA

ELIZABETH FRY  |  FRIDAY, 14 JUN 2024
... Australian superannuation fund. The fixed income specialist brings 17 years of experience after earlier stints at the Commonwealth Bank of Australia and Macquarie Asset Management. During his seven years at Macquarie he sat with the Australian Origination ...

Recession signs: Economic growth has 'ground to a halt'

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... 1.1%, the slowest rate of annual growth in GDP in more than three decades outside of the COVID-19 pandemic. Commonwealth Bank (CBA) head of Australian economics Gareth Aird said the quarterly changes in real GDP paints the picture of an economy that ...

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... resumption of rate hike discussions in May follows the removal of that deliberation at the March board meeting," Commonwealth Bank senior economist Belinda Allen said. "Stronger economic data, including the Q1 24 CPI print, caused the rate hike discussion. ...

Seven fund managers scoop up First Sentier mandates

KARREN VERGARA  |  MONDAY, 20 MAY 2024
... for $4.2 billion. It was previously known as Colonial First State Global Asset Management when it was owned by Commonwealth Bank. Last week, a Mitsubishi UFJ Financial Group subsidiary finalised its acquisition of Link Group, which sees the rebirth of ...

Iress says its GitHub user space was breached

JAMIE WILLIAMSON  |  MONDAY, 13 MAY 2024
... efficiency and creativity of its software development team by streamlining code creation and review." Meantime, Commonwealth Bank was also among the first in Australia to use GitHub Copilot, with ANZ Bank signing up shortly after. Financial Standard ...

Federal Court rejects two CBA class actions

KARREN VERGARA  |  MONDAY, 13 MAY 2024
The Federal Court shut down two class actions against Commonwealth Bank of Australia (CBA) relating to anti-money laundering and counter-terrorism financing (AML/CTF). AUSTRAC alleged as early as 2017 that the bank contravened the Anti-Money Laundering ...

Experts weigh in: Will the RBA hike rates again?

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... indicated interest rates had peaked, it said the path to get inflation back into the target range was "uncertain". Commonwealth Bank head of Australian economics Gareth Aird said despite the potentially rocky road ahead, the bank is still anticipating ...

HESTA names chief financial officer

ELIZABETH FRY  |  TUESDAY, 7 MAY 2024
... relationships with providers, industry associations and regulators. Earlier in her career, she spent six years at the Commonwealth Bank as a healthcare analyst and project manager at Australia's anti-trust regulator. Kelly also sits on the board ...

Rainmaker Information names research head

JAMIE WILLIAMSON  |  THURSDAY, 2 MAY 2024
... Prior to joining Morningstar in 2018, Ramrakha spent more than a decade as executive manager, research within Commonwealth Bank's wealth management division. He's also previously served as head of technical services for BT Financial Group, worked in ...

First Sentier axes investment units, AUM takes $14bn hit

KARREN VERGARA  |  TUESDAY, 23 APR 2024
... for $4.2 billion. It was previously known as Colonial First State Global Asset Management when it was owned by Commonwealth Bank. In a note to investors, Colonial First State (CFS) said that it will "hand over investment management services" for the ...