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Showing 2491 - 2500 of 17956 results for "Bank"

Rest closes basic cash option

KANIKA SOOD  |  WEDNESDAY, 4 AUG 2021
... in cash securities that have a maximum maturity of three months. It aimed to match the return of the one-month Australian Bank Bill rate before tax and before fees over rolling one-year periods. In a notice to members, Rest said it expected the option's ...

BNK partners with Goldman Sachs

KANIKA SOOD  |  WEDNESDAY, 4 AUG 2021
... and mortgage broking aggregation. In April, it announced a $250 million prime residential program with Bendigo and Adelaide Bank.

Australia's first Filecoin fund launches

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 AUG 2021
Holon Global Investments has launched the Holon Wholesale Filecoin Fund, allowing investors exposure to a different kind of digital asset. The fund is seeking to raise $25 million over three months and will not charge a management fee. Filecoin was ...

AMP hires in support of advisers, brokers

ELIZABETH MCARTHUR  |  TUESDAY, 3 AUG 2021
AMP Bank has appointed Paul Herbert as head of intermediary distribution and governance. The appointment is aimed at bolstering distribution and governance support for AMP's brokers and financial advisers. Herbert was previously head of lending distribution ...

RI Advice failed oversight obligations: Court

KARREN VERGARA  |  MONDAY, 2 AUG 2021
The Federal Court found that RI Advice Group's failure to provide rigorous oversight over a former financial adviser resulted in bad advice to consumer detriment. The court said the licensee failed to take reasonable steps to ensure that its former ...

Super, fund manager ASX dominance launches inquiry

KARREN VERGARA  |  MONDAY, 2 AUG 2021
Member of Parliament Tim Wilson will lead the charge to determine if big super's domination over the Australian sharemarket is stifling competition. This morning, the House of Representatives Standing Committee on Economics announced the launch ...

Economic recap: Week to July 30

BENJAMIN ONG  |  MONDAY, 2 AUG 2021
... headline inflation rate spiked to 3.8% in June from 1.1% in the March quarter. That's above the upper limit of the Reserve Bank of Australia's (RBA) 2%-3% target band. This was the fastest rate of increase in overall consumer prices since the ...

Milford adds to team

KANIKA SOOD  |  FRIDAY, 30 JUL 2021
... Asset Management as the regional manager for Victoria, South Australia and Tasmania. He spent the last 12 years at Macquarie Bank across its wealth management, private wealth and advice businesses. Prior to this, he worked at BT Financial Group in lending. ...

T. Rowe Price names chief executive

ANNABELLE DICKSON  |  FRIDAY, 30 JUL 2021
T. Rowe Price's group chief investment officer will succeed its outgoing chief executive Bill Stromberg at the end of the year. Rob Sharps is currently president, head of investments and a member of the firm's management committee in addition to his ...

New AIA advice unit names chief executive

KARREN VERGARA  |  FRIDAY, 30 JUL 2021
... four years and then moving on to become chief retail officer between September 2014 and June 2020. This week, Commonwealth Bank announced it is partially transferring its Commonwealth FP advisers to AIA as it reviews its remaining advice offering. The ...