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Showing 2331 - 2340 of 17956 results for "Bank"

NAB posts bumper profit

ANNABELLE DICKSON  |  TUESDAY, 9 NOV 2021
National Australia Bank recorded a 76.85% increase in cash earnings to $6.56 billion in its full-year results and outlined a new oil and gas policy. The big four bank also report a statutory net profit of $6.36 billion, up from $2.50 billion in 2020. ...

Aussie equities small caps deliver 35%

KARREN VERGARA  |  TUESDAY, 9 NOV 2021
Australian equities small caps outpaced other asset classes in the year to September, delivering a median return of 35.2% per annum to wholesale investors. According to Rainmaker's latest Wholesale managed funds performance tables, the asset class ...

Cromwell names funds management head

KARREN VERGARA  |  TUESDAY, 9 NOV 2021
... recent role as head of treasury, which he served in for five years. Hinton previously spent more than 17 years at Commonwealth Bank, working across senior roles in real estate. His tenure there included working as director of real estate for nearly seven ...

Citi scores custody mandate

KARREN VERGARA  |  MONDAY, 8 NOV 2021
... previously with RBC Investor & Treasury Services, which has exited operations in Australia following parent company Royal Bank of Canada's decision in 2019. Citi's custody and fund services business added 24 new clients in the past 18 months ...

AMP continues to lose ESG investors

KARREN VERGARA  |  MONDAY, 8 NOV 2021
... Moody's dropped its ratings on AMP Group Holdings and AMP Group Finance Services from Baa2 to Baa3. The rating assigned to AMP Bank by Moody's remains unchanged at Baa2. Further, Moody's outlook for the AMP group and AMP Bank has been downgraded ...

Shaw and Partners appoints sales lead

JAMIE WILLIAMSON  |  MONDAY, 8 NOV 2021
... Capital's capabilities. New Capital is the fund and strategy arm of EFG Asset Management, the investment business of private bank and asset manager EFG International, Shaw and Partners' majority owner. Jackson brings more than 25 years' experience in ...

CBA takes stake in AI firm

ANNABELLE DICKSON  |  MONDAY, 8 NOV 2021
Commonwealth Bank has taken a minority stake in a Silicon Valley-based artificial intelligence (AI) platform. H2O.ai operates a cloud-based machine learning platform, H2O AI Cloud, and employs some of the world's top data scientists. The partnership ...

Economic recap: Week to November 5

BENJAMIN ONG  |  MONDAY, 8 NOV 2021
... inflation across the globe has had financial markets bring forward rate hike expectations, and for good reasons. The Reserve Bank of New Zealand (RBNZ) started proceedings at its 6 October meeting when it doubled the official cash rate from 0.25% to ...

Daintree Capital lists active hybrid ETF

ANNABELLE DICKSON  |  THURSDAY, 4 NOV 2021
... Daintree Hybrid Opportunities Fund, distributed by Perennial and eInvest, invests in a global portfolio of 25 to 125 hybrid bank securities with a targeted return of 3.5% to 4.5% p.a. above the cash rate and net of fees. "There are very few active hybrid ...

HSBC AM names regional chief

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... She has been with Fidelity for more than 16 years, starting out in business development and account management within the bank's institutional business. Before Fidelity, she held senior management roles in the wealth management divisions of JPMorgan ...