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Showing 2061 - 2070 of 17954 results for "Bank"

Australian dividends shatter pre-pandemic records: Janus Henderson

ANDREW MCKEAN  |  TUESDAY, 24 MAY 2022
Australian global dividends have completed their pandemic recovery and have eclipsed the previous 12-month record set in September 2019 by $6.7 billion. The latest Janus Henderson global dividend index shows that Australian dividends totalled $97.9 ...

Challenger details future strategy, plans JV

JAMIE WILLIAMSON  |  TUESDAY, 24 MAY 2022
After announcing a restructure last week, Challenger has provided further detail on how it plans to diversify, including flagging its intention to enter a joint venture with SimCorp and naming a chief executive to lead it. Hosting its Investor Day today ...

RBA outlines next phase of bond purchase program

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
Having raised the cash rate earlier this month, the Reserve Bank of Australia (RBA) board has decided not to reinvest the proceeds from bonds as they mature from the bank's portfolio. This decision by the RBA is indicative of a new quantitative tightening ...

Partners Wealth appoints private wealth lead

JAMIE WILLIAMSON  |  MONDAY, 23 MAY 2022
Partners Wealth Group has hired a new head of Partners Private, hiring a former AMP Capital and Hume Partners senior portfolio manager. Andrew Lally has joined in the role, bringing within him about 25 years' experience across funds management and family ...

Beware super home buyer collateral damage: ISA

ANDREW MCKEAN  |  FRIDAY, 20 MAY 2022
... as a result of being able to withdraw up to $50,000 from superannuation, it allows you to borrow up to around 90% from a bank." "The bottom line is as long as an individual ends up selling their first home, compounding on the leverage, it should outdo ...

Risk asset volatility guaranteed: Western Asset

ANDREW MCKEAN  |  FRIDAY, 20 MAY 2022
Geopolitical developments and central bank tightening have made risk asset volatility a surety this year, according to Franklin Templeton's specialised investment managers Western Asset. However, Western Asset has said that despite geopolitical turbulence ...

CountPlus names chief executive

JAMIE WILLIAMSON  |  FRIDAY, 20 MAY 2022
... some of the largest institutions. Prior to NAB, Humphrey was executive general manager, wealth management at Commonwealth Bank and, prior to that, oversaw Commonwealth Financial Planning and BankWest Financial Advice. He also spent close to six years ...

Super home buyer scheme fails to move the needle

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
... last year's house price increase. According to APRA, it's not until men get to age 45 and women turn 50 that their average bank account balance hits the $50,000 threshold afforded to buyers in the government's plan. This point reinforces that most young ...

Barclays increases stake in Barrenjoey

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
Barclays has almost doubled its interest in Barrenjoey, providing additional capital to assist with the creation of fixed income derivatives and equity financing platforms. Barclays said Australia is an important part of its strategic growth plans in ...

Westpac architects new institutional banking platform

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
... A statement from Westpac said that by leveraging 10x Banking's latest contemporary and cloud-native core technology, the bank's institutional clients will benefit from a new market-leading digital experience. This new banking platform would also enable ...