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Showing 1911 - 1920 of 8418 results for "Big"

Northern Trust to clear high-value payments

KANIKA SOOD  |  WEDNESDAY, 25 SEP 2019
Northern Trust has become a member of Australia's High Value Clearing System (HVCS), which clears big-ticket payments averaging $2.5 million for a total of $100 billion every day. The custody bank will now be able to settle its own high value payment ...

Morgans snaps up CommSec Advisory business

ELIZA BAVIN  |  TUESDAY, 24 SEP 2019
... this year that it was considering the sale after offloading Count Financial for $2.5 million. The news comes as many of the big banks reconsider their advisory businesses following revelations from the Royal Commission. Westpac announced earlier this ...

New NAB chief start date announced

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
... NatWest Holdings and chief executive of RBS's commercial and private banking business. Her appointment marks the first time a UK big four bank is run by a woman.

Investors must monitor social mood: Nikko

ELIZABETH MCARTHUR  |  MONDAY, 23 SEP 2019
Nikko investment director in global equities Iain Fulton says investors should be aware of the social mood and the social reputation the companies in their portfolios carry. At an investor briefing in Sydney, Fulton suggested investors look to the art ...

Businesses warned to avoid dud funds

ELIZA BAVIN  |  MONDAY, 23 SEP 2019
... difference of up to $880,000 in balances for retirees. The research shows the worst performing funds are paying 5.3% return, a big difference from the 9.8% provided by the best performers. Speaking at the Australian Payroll Association Conference is ...

Crunch time for boutique funds

KANIKA SOOD  |  MONDAY, 23 SEP 2019
The boutique model has long coaxed successful fund managers out of big asset management firms but the new class of fund managers looking to break out faces a very different landscape. At least eight boutiques have indicated intention to shut shop so ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
... of all raise pay packets. Recent news headlines picture Australian Treasurer Frydenberg and Finance Minister Cormann with big smiles on their faces as they announced an A$690 million deficit - roughly 0% of GDP, roughly a balanced budget. But at what ...

Big Super Day Out success, but more to be done

HARRISON WORLEY  |  THURSDAY, 19 SEP 2019
The First Nations Foundation's 2019 Big Super Day Out reconnected more than $9.5 million in superannuation with Indigenous Australians. Taking off in July, the Indigenous-led super roadshow hit Darwin, Kununurra and Broome before heading to East Arnhem ...

Banks face imminent disruption

ELIZABETH MCARTHUR  |  THURSDAY, 19 SEP 2019
The banks are facing big problems, according to Catherine Wood, chief executive of ARK Invest. Wood was asked at a Nikko Asset Management event how she considered banks to be positioned for the future. "Banks anywhere in the world have a big problem ...

Chief economist update: Plenty of oil

BENJAMIN ONG  |  WEDNESDAY, 18 SEP 2019
Oil prices soared after a drone attack on September 14 on Saudi Arabia's Abqaiq oil-processing plant (estimated to produce around 5% of global oil supply). WTI and Brent crude oil prices jumped by 14.6%, to US$62.88 per barrel and US$69.03/barrel ...