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Showing 2701 - 2710 of 17956 results for "Bank"

Macquarie-linked fund manager shutters

KARREN VERGARA  |  MONDAY, 26 APR 2021
... currencies. According to Morningstar data, the four-year-old strategy has consistently underperformed its benchmark of the Reserve Bank of Australia cash rate, returning -5.42% per annum over one year and -8.14% p.a. over three years. IPM chair Lars ...

Chief economist update: Tomorrow never dies

BENJAMIN ONG  |  MONDAY, 26 APR 2021
... 60.7, the best reading in nearly 27 years while the PMI for services rose to 60.1 - the highest in 80 months. The au Jibun Bank flash Japan Composite PMI registered its first expansion in 15 months, rising to 50.2 in April, aided by the continued strengthening ...

APRA releases draft climate change guidance

RACHEL ALEMBAKIS  |  FRIDAY, 23 APR 2021
Financial risks of climate change can interact and compound other institutional risks including credit risk, market risk, and liquidity risk, APRA has emphasised in a new practice guide. APRA has released a draft guide for Prudential Practice Guide ...

Moelis Australia to rebrand

KANIKA SOOD  |  FRIDAY, 23 APR 2021
Moelis Australia will seek shareholder approval to rebrand, as its revenues from asset management outstrip the contribution from its original business of investment banking services. ASX-listed Moelis Australia wants to change the name to MA Financial ...

Restructurer and auction house form JV

ANNABELLE DICKSON  |  FRIDAY, 23 APR 2021
Gordon Brothers and Ritchie Bros. have created a joint venture to service the Australian and South-East Asian insolvency and restructuring market. Gordon Brothers is an independent advisory firm that provides restructuring and asset remarketing while ...

Fidelity portfolio manager resigns

KANIKA SOOD  |  FRIDAY, 23 APR 2021
... Taiwan and India account for more than half of the assets. Its five biggest shareholdings were Taiwan Semiconductor, HDFC Bank, AIA Group, NASPERS and Bank Central Asia. The fund returned 3.70% p.a. above the benchmark since its December 2013 inception ...

Pandemic boosts financial sector's engagement

KARREN VERGARA  |  FRIDAY, 23 APR 2021
Financial services employees have never been more engaged in their roles since the global pandemic disrupted the workforce, a new study shows. The global workplace study by ADP, a provider of human resource solutions, found that the shift from office-based ...

Adviser numbers at five-year low

KARREN VERGARA  |  FRIDAY, 23 APR 2021
... and Capstone Financial are the fastest-growing licensees, each adding 29, 31 and 56 advisers respectively over the period. Bank-owned AFSLs continue to experience the largest fall in adviser numbers. The report also found that bank and institutionally ...

AustralianSuper hires from WTW

KARREN VERGARA  |  FRIDAY, 23 APR 2021
... has 25 years of executive and non-executive experience and has worked at UBS, Morgan Stanley, Goldman Sachs and Deutsche Bank. She is currently a non-executive director at Zip Co Limited, Ingenia Communities, Australian Technology Innovators and ALE ...

Chief economist: Of capital gains taxes, COVID-19 and climate change

BENJAMIN ONG  |  FRIDAY, 23 APR 2021
... US company earnings beating consensus expectations, strengthening recovery in global economic growth - so much so that the Bank of Canada (BOC) even made headlines as it became the first central bank in the world to taper - the surge in vaccinations ...