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Showing 2071 - 2080 of 9740 results for "Major"

BlackRock offers update on dumping coal

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
BlackRock has offered its first major update on investment stewardship since it said it would dump thermal coal from active portfolios. The investment giant's voting efforts increased in 2020, with the number of company engagements increasing by 47% ...

Banks brace for major loan losses

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
Three of the United States' biggest banks have set aside approximately $40 billion (US$28 billion) to brace for COVID-19 related loan losses, as Wells Fargo posts its first quarterly loss since the Global Financial Crisis. Citigroup saw its net income ...

Westpac names chief financial officer

ELIZA BAVIN  |  TUESDAY, 14 JUL 2020
... managing all aspects of the finance function including investor relations and analyst presentations, as well as driving major cost and revenue initiatives. Before joining ANZ, Rowland was financial director at AMRAD Corporation, playing a major role ...

Chief economist update: Good as gold

BENJAMIN ONG  |  MONDAY, 13 JUL 2020
The coronavirus pandemic has affected lives, livelihood and financial markets around the world. Commodity markets were no exception. S&P GSCI commodity price index dropped by 48.7% to a 17-year low of 228.24 points in April from this year's high ...

Netwealth booms amid pandemic

ALLY SELBY  |  FRIDAY, 10 JUL 2020
... lifting 4.2% or by 3261 accounts to 81,804. This increase can be partly attributed to the market disruption caused by the major bank players exiting wealth management, Heine said. "The market remains highly fragmented and with platform M&A activity accelerating ...

Capital raising relief measures extended

ALLY SELBY  |  FRIDAY, 10 JUL 2020
... needed capital, the ASX said. "The decision was made in light of the high and increasing levels of COVID-19 infections in major overseas markets, recent events in Victoria, and the present uncertainty about the nature and level of government economic ...

Best performing managed funds revealed

ELIZA BAVIN  |  THURSDAY, 9 JUL 2020
Funds from IOOF, Vanguard and Fiducian figure among the top-five performers among wholesale funds, in the latest Rainmaker Information tables to May end. In the growth category, IOOF MultiMix Growth Trust took the top spot with returns of 7.1% pa over ...

Financial institution charged over Epstein scandal

ELIZA BAVIN  |  THURSDAY, 9 JUL 2020
... Network mandating all banks in the US to cease doing business with it. The DFS said, by the point, Deutsche Bank was the last major western bank with a correspondent banking relationship with FBME.

Generation gap opens up in financial advice

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JUL 2020
There is a gaping void between what consumers once wanted from financial advice and what they want now and it's being accelerated by COVID-19, according to research from KPMG. KPMG surveyed more than 1500 consumers in May to ask them about their experiences ...

Melburnians back in the lockup

BENJAMIN ONG  |  WEDNESDAY, 8 JUL 2020
... that day, Victoria's total cases of infection was 1,346 - less than half those in NSW (3,002) and even less than other major cities around the world. As it now turns out, Ms van Diemen was also prescient, stressing that "It gets out of control very ...