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Showing 2101 - 2110 of 17954 results for "Bank"

Schroders scores $250m private debt mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 27 APR 2022
... superannuation fund", covers corporate, real estate and infrastructure debt with the aim of outperforming the Bloomberg AUSBOND Bank Bill index by 4.5%. According to Schroders Australia chief executive Sam Hallinan, institutional investors are increasingly ...

Commonwealth Bank appoints new chair

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 APR 2022
Commonwealth Bank has appointed a new chair of the board, with Catherine Livingstone departing in August. Livingstone has decided to retire from the CBA board after the finalisation of the financial statements and accounts for this financial year. In ...

Pain of commodity price increases to last: World Bank

JAMIE WILLIAMSON  |  WEDNESDAY, 27 APR 2022
In its latest commodity markets outlook, the World Bank has warned prices will likely remain high through to the end of 2024 and the transition to cleaner energy may be delayed. It comes as latest Australian Bureau of Statistics data shows the largest ...

Crestone appoints deputy chief investment officer

JAMIE WILLIAMSON  |  WEDNESDAY, 27 APR 2022
The former chief investment officer of Energy Super joined the investments team at Crestone Wealth Management this week. Kevin Wan Lum taken up the post as deputy chief investment officer at Crestone, reporting to chief executive Michael Chisholm. He ...

Integrity Life appoints chief technology officer

ELIZABETH MCARTHUR  |  TUESDAY, 26 APR 2022
... technology officer. Ashish Khurana steps into the position, joining after four years as chief technology officer with Saxo Bank in Denmark. Prior to joining Saxo, Khurana held several executive positions with Westpac and Macquarie Group. "I'm delighted ...

JBWere shakes up leadership

ELIZABETH MCARTHUR  |  TUESDAY, 26 APR 2022
JBWere Australia has created a new executive role, appointing from Commonwealth Bank's private banking business. Maria Lykouras has been appointed executive for JBWere Australia, a new role which will report directly to JBWere chief executive Justin ...

Six cases brought against Westpac now finalised

JAMIE WILLIAMSON  |  FRIDAY, 22 APR 2022
The six Federal Court cases brought against Westpac by ASIC late last year have been finalised, with the banking giant to pay a total of $113 million in penalties. A decision in the final of the six matters, all overseen by Justice Beach, was handed ...

SMSFA collaborates with APRA on rollover improvements

ANDREW MCKEAN  |  FRIDAY, 22 APR 2022
... director of policy and education Peter Burgess warned delegates at the annual conference to be prepared to provide further SMSF bank account documentation when requesting rollovers from APRA regulated funds. Although the SuperStream rollover standards ...

US stocks crumble after Jerome Powell's hawkish comments

ANDREW MCKEAN  |  FRIDAY, 22 APR 2022
... combat inflation through tightened monetary policy with interest rate hikes. It was only earlier this week that the Reserve Bank of Australia minutes strongly insinuated that inflationary and wage growth developments had brought forward the likely timing ...

Westpac giving away BT super business

ELIZABETH MCARTHUR  |  FRIDAY, 22 APR 2022
Westpac continues to seek to offload its BT superannuation business, with the bank now willing to transfer the business for no financial consideration. "In preparation for the exit of our superannuation business, the carrying value of our superannuation ...