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Showing 2071 - 2080 of 17954 results for "Bank"

Commonwealth Bank makes raft of new appointments

ANDREW MCKEAN  |  FRIDAY, 13 MAY 2022
... Eight people across institutional banking and markets have been promoted to the level of managing director at Commonwealth Bank. CBA's group executive of institutional banking and markets Andrew Hinchliff made the announcement in an internal meeting. ...

Franklin Templeton hires sales director

JAMIE WILLIAMSON  |  THURSDAY, 12 MAY 2022
Franklin Templeton Australia has added a new sales director, overseeing independent financial advisers and private banks. Michael Bowen takes on the role, joining after a short stint with Investors Mutual as relationship manager, strategic groups. Bowen ...

US inflation wavers near a 40-year high

ANDREW MCKEAN  |  THURSDAY, 12 MAY 2022
The US inflation rate has fallen to 8.3%, but the Consumer Price Index continues to flirt with catastrophic 40-year highs. The index also revealed that costs had risen by a monthly rate of 0.3% in April after having risen 1.2% in March. This decline ...

US firm backs Koda Capital

JAMIE WILLIAMSON  |  THURSDAY, 12 MAY 2022
... which it holds non-voting interests. Emigrant Partners is a New York-based subsidiary of Howard Milstein's New York Private Bank and Trust; the Milstein family was listed by Forbes in 2015 as the 90 th richest family in the US. Under the deal, Emigrant ...

Magellan appoints new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
... his base salary. George has been with Future Fund for more than 14 years and has also held roles with Mercer and RBC Royal Bank. In his current role, George oversees more than $170 billion and 25 employees. George said he considers the appointment an ...

Schroders private wealth sales lead in new role

JAMIE WILLIAMSON  |  TUESDAY, 10 MAY 2022
The head of private wealth sales at Schroders Australia has departed, taking up a new role with an ASX-listed alternatives manager. After 11 years with the company, Chris Boyd has departed Schroders where he led private wealth sales since August 2021. ...

Bendigo and Adelaide Bank establishes new super trustee

ANDREW MCKEAN  |  MONDAY, 9 MAY 2022
... Sandhurst to the newly created Bendigo Superannuation. Bendigo Super is a new subsidiary company of Bendigo and Adelaide Bank with the purpose of being the trustee of the Bendigo Superannuation Plan. The changes were effective May 1, and a leadership ...

PIMCO selects new head of local business

ANDREW MCKEAN  |  MONDAY, 9 MAY 2022
... products. Though over the course of Watkin's career in investments and financial services, he has also worked at Deutsche Bank, Credit Suisse, and Macquarie Bank. On the new appointment, Kersman said: "He joins our team with extensive regional experience ...

Westpac reports $3.1bn in cash earnings

ANDREW MCKEAN  |  MONDAY, 9 MAY 2022
The bank's cash earnings dropped due to competitive pressures on net interest margins and reduced credit impairment benefits. More promisingly, Westpac's earnings were up 71% compared to the second half of last year due to the success of its cost reset ...

Woolworths scraps AMP super mandate

ANDREW MCKEAN  |  FRIDAY, 6 MAY 2022
... banking and wealth businesses. "We have set AMP up for a strong and sustainable future, with a clear strategy to grow AMP Bank and our wealth management businesses in Australia and New Zealand," George said. Woolworths has not made an official comment ...