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Showing 1931 - 1940 of 17954 results for "Bank"

Brookfield names leadership for asset management business

CASSANDRA BALDINI  |  FRIDAY, 12 AUG 2022
Former Bank of England governor Mark Carney will become chair of Brookfield Asset Management when it lists separately in November. Carney will take on the role in addition to his other responsibilities as head of transition investing. He is currently ...

Wellington Management hires from GAM Investments

ELIZABETH FRY  |  FRIDAY, 12 AUG 2022
... hired as an investment specialist dealing with fixed income. Earlier, she worked at PIMCO, Colonial First State and Macquarie Bank in a range of marketing and business development roles. This article was first published in Industry Moves.

QIC braces against recession risks

ELIZABETH FRY  |  FRIDAY, 12 AUG 2022
As the manager of the Queensland government's long-term financial interests and a quasi-sovereign wealth fund, QIC can avoid the painful APRA performance test. This is a tremendous advantage for Allison Hill, QIC's state chief investment officer ...

ASIC research guides retail investment regulations

ANDREW MCKEAN  |  THURSDAY, 11 AUG 2022
... surveyed investors who held cryptocurrency indicated that it was the only investment they held. Research also showed that, after bank trading platforms (used by 31% of surveyed investors), the three most used platforms all specialised in cryptocurrency. ...

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... biggest factor impacting the result was North and Master Trust strategic repricing in 2021 as well as the release of AMP Bank credit loss provision which was partially offset by cost reductions. Its statutory NPAT more than tripled from $146 million ...

Commonwealth Bank profit nears $10bn

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
Commonwealth Bank (CBA) reported its cash net profit has risen 11% to $9.6 billion and its net profit increased 9% to $9.7 billion since last year. The banking giant said home loans, up 7.4%, contributed to the strong earnings as well as growth in core ...

Business confidence, conditions rally: NAB

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
National Australia Bank's (NAB) latest business survey reported business confidence has risen above average levels and conditions have strengthened. Business confidence bucked a trend of steady monthly declines, rising seven index points. NAB called ...

Aussie investment habits improving: Superhero

CHLOE WALKER  |  WEDNESDAY, 10 AUG 2022
... to growing their wealth," Winters said. "Our investors don't want their hard-earned money just sitting in a low interest bank account, they want their money to grow and create real value."

NEOS Life appoints sales, culture leads

JAMIE WILLIAMSON  |  WEDNESDAY, 10 AUG 2022
... the role across retail, group and direct insurance. He's previously held senior business development roles with Royal Bank of Canada and MLC Life, as well as serving as head of acquisitions and client services within AMP's group insurance business. ...

NAB falls after cost growth revision

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
National Australia Bank (NAB) shares have fallen this morning after revising cost growth guidance again. In the first half hour of trading, NAB shares dropped 4.2%. At time of publishing, they were down 3.61%. The bank said its expenses increased 1% ...