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Showing 2871 - 2880 of 17956 results for "Bank"

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... pass the stimulus package sans Republican Party support by using the budget reconciliation rules. As per Factset: "Deutsche Bank pointed out that a $1.9T package, rather than the $1T it (other sell-side firms similar) is modeling, would add ~2pp to its ...

Pension fund members incur post-Brexit fees

JAMIE WILLIAMSON  |  FRIDAY, 5 FEB 2021
... Some beneficiaries have seen fees of up to €25 charged on their January 2021 pension payment by Spain's BBVA and Austria's Bank Austria. The pension fund is investigating whether any other banks have also deducted fees. The UNJSPF has long routed all ...

Mercer hires from Australian Unity

ELIZABETH MCARTHUR  |  FRIDAY, 5 FEB 2021
Mercer has hired the former chief executive of Australian Unity Bank to lead its superannuation services. Tim Barber will step into the head of Mercer Super role, leading the flagship Mercer Super Trust and its related portfolio services business. Mercer ...

Chief economist update: NIRP embedded in BOE forecasts

BENJAMIN ONG  |  FRIDAY, 5 FEB 2021
The Bank of England (BOE) gave financial markets what they wanted and kept monetary policy settings unchanged - the bank rate at a record low 0.1% and QE at £895 billion - at its first Monetary Policy Committee meeting on February 4. It was hoping ...

Fund manager expands, hires two executives

KARREN VERGARA  |  THURSDAY, 4 FEB 2021
A boutique fund manager is ramping up its expansion strategy with two executive hires who will lead distribution and asset management efforts respectively. Holon Global Investments has appointed Rory Scott as head of asset management and Peter Titley ...

Investment Trends hires head of strategy

KARREN VERGARA  |  THURSDAY, 4 FEB 2021
Investment Trends has appointed a new head of strategy as part of its effort to expand consumer and intermediary research. Andrew Tunny joins the Sydney-based research firm having recently worked as a state manager for MLC Advice partnerships. Tunny ...

What to expect from February reporting season

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
... to earnings. Many financials will start reporting next week, with Challenger and Macquarie slated for Feb 9, Commonwealth Bank for the February 10 and AMP, ASX and Magellan for February 11. Financial stocks' 12-month forward PE is 16.7x, which is higher ...

Australians Googling for advice

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
... confirmed breaches in relation to financial advice, such as ASIC warning real estate bodies and acting against Commonwealth Bank for conflicted remuneration. Such misconduct stories accounted for nine of the 20 articles with the most engagement from ...

AMP Capital names new executive

ELIZA BAVIN  |  WEDNESDAY, 3 FEB 2021
... joined AMP Capital in 2006, departing his position as business development manager for geared investments at Commonwealth Bank. At AMP Capital, Mazzarelli has taken on several roles including Victorian state account manager, national strategic accounts ...

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
The Reserve Bank of Australia (RBA) painted a pretty picture of the Australian economy in its first board meeting for 2021. RBA governor Philip Lowe's statement at the conclusion of the Australian central bank's February meeting was optimistic ...