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Showing 2861 - 2870 of 17956 results for "Bank"

Financial sector has deep pockets for philanthropy: Report

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
... profit. Coles came out on top, donating $125 million in 2020 or 7.3% of its profit on a rolling three-year basis. Commonwealth Bank led the pack among the banks, donating $70million or 0.7% of its profit. BHP gave the largest dollar value in the list ...

Ponzi schemer succeeds at appeal

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
... financial advantage by deception totalling $1,027,000. The money the Johnstons collected for "investments" was deposited into the bank account of Small Business Management Pty Ltd on the basis that the couple's fellow Collingwood supporters would ...

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
It's beginning to look a lot like the Eurozone economy wouldn't be able to dodge a double-dip recession given tighter and/or extended coronavirus restrictions and lockdowns remain in place in many of its member countries. Eurozone GDP fell into ...

ASX profits slide, names chair

ANNABELLE DICKSON  |  THURSDAY, 11 FEB 2021
The Australian Securities Exchange (ASX) has recorded a fall in profit in its half-year results and has replaced its chair following the retirement of its incumbent. Net profit after tax dropped 3.4% to $241.8 million and net interest income down 39.5% ...

NAB hires new executive

ELIZA BAVIN  |  WEDNESDAY, 10 FEB 2021
... comes with an outstanding track record and will play a key role in NAB's transformation to creating a simpler and faster bank, delivering better experiences for our customers and colleagues," Wright said. Cammaroto announced she would be departing ...

CBA slashes profits, boosts dividends

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
Commonwealth Bank has rewarded shareholders with a generous dividend payout despite its latest results falling short of expectations. December 2020 half-year results show the bank's net-profit after tax dipped 21% to $4.9 billion on the prior corresponding ...

Chief economist update: Nikkei not so fine

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... for non-compliance. This disconnect between the real economy and stockmarket pricing has led to growing criticism that the Bank of Japan (BOJ) is distorting market pricing. Forget Gamestop and Reddit, the BOJ is the bigger player that's gaming the ...

Challenger on track to performance target

ANNABELLE DICKSON  |  TUESDAY, 9 FEB 2021
The investment manager recorded a marginal increase in statutory net profit after tax (NPAT) to $222.8 million, up $2.4 million on the previous corresponding period in its half-year results. On a normalised basis, NPAT dropped by 29% to $136.8 million ...

Executive shuffle at Macquarie Group

ELIZA BAVIN  |  TUESDAY, 9 FEB 2021
Macquarie Group has announced a new head of its asset management business and bank as long-time executives step down. Announced as part of Macquarie's results today, Martin Stanley will be stepping down as group head of Macquarie Asset Management (MAM) ...

Wilsons starts Canberra office

KANIKA SOOD  |  MONDAY, 8 FEB 2021
The 125-year-old advice and stockbroking firm is establishing a Canberra office, as two financial advisers based in the region join from Elston. Tim Anderson and Richard Taylor have joined Wilsons' private wealth advisory team, which is headed by Paul ...