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Showing 2321 - 2330 of 17956 results for "Bank"

BT confirms changes to super business

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... Sector Union said the bank's efforts to reduce costs "means further job cuts to come". "Westpac is a highly profitable bank; they can afford to invest in reskilling their workforce to ensure our jobs remain secure. As the industry changes Westpac ...

Pallas launches debt facility

KARREN VERGARA  |  TUESDAY, 16 NOV 2021
... real estate borrowers. The trust currently has $530 million worth of funding approved by its backers. It competes with non-bank lenders and does not offer construction loans. The latter is offered by Pallas' lending business, which settles about ...

Multi-boutique appoints head of private wealth

ANNABELLE DICKSON  |  TUESDAY, 16 NOV 2021
... UBS for the newly created role of head of private wealth. Ben Williams was head of wholesale client coverage at the Swiss bank for over four years. He was previously national manager, retail at Lazard Asset Management and was a director at BlackRock ...

Aussie dividends recover losses

ANNABELLE DICKSON  |  MONDAY, 15 NOV 2021
... both its Australian and UK businesses. The big four banks are also on their way back to pre-pandemic levels as Commonwealth Bank hiked its dividends to within one eighth of its previous levels and ANZ following closely behind. Meanwhile, NAB and Westpac ...

Economic recap: Week to November 12

BENJAMIN ONG  |  MONDAY, 15 NOV 2021
Did the Reserve Bank of Australia (RBA) jump or was pushed by the bond market to scrap its target to keep the April 2024 Australian government bond yield at 10 basis points. The answer to this question becomes important because it would dictate future ...

Super funds handed holdings disclosure win

JAMIE WILLIAMSON  |  FRIDAY, 12 NOV 2021
... the Australian Prudential Regulation Authority and the input of relevant experts from across the CFR, including the Reserve Bank of Australia." The first reports from super funds are due by 31 March 2022, with funds to disclose their holdings every six ...

Metrics Credit Partners acquires

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
... markets. "Establishing Metrics Business Finance is a natural extension of Metrics' existing skills and experience in non-bank lending to Australian business," Lockhart said. "We believe that there is an exciting opportunity for Metrics in this market ...

European syndicate bids for Link subsidiary

KARREN VERGARA  |  FRIDAY, 12 NOV 2021
A syndicate led by a global financial services firm is offering to buy Link Group's banking and credit management arm for $87 million. Pepper European Servicing (not part of ASX-listed Pepper Money) and a group of firms offered €55m ($86.5m) for ...

Millennials fastest growing SMSF cohort

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
... weighted towards blue chips, including: BHP, Westpac, CBA, NAB, Woodside Petroleum, CSL, ANZ, Fortescue Metals, Macquarie Bank, and Telstra. It also reported SMSF accounts are less invested in ETFs compared to other accounts. New accounts held by Gen ...

Test-induced movement marginal: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 10 NOV 2021
... AvSuper Growth, BOC MySuper, Christian Super's My Ethical Super, Colonial First State's FirstChoice, Commonwealth Bank Group Super's Accumulate Plus Balanced, EISS Balanced, LUCRF Super's MySuper, Maritime Super's MySuper, BT Super ...