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Showing 2881 - 2890 of 17956 results for "Bank"

Morningstar appoints director of manager selection

KANIKA SOOD  |  TUESDAY, 2 FEB 2021
... firm will recruit for a replacement. Ramrakha joined Morningstar in September 2018 and has previously worked as Commonwealth Bank's executive manager of research and BT Financial Group's head of technical services. "This move will allow us to support ...

Best, worst investment ideas for 2021: ARK

ELIZABETH MCARTHUR  |  TUESDAY, 2 FEB 2021
Innovation-focused investment manager ARK Invest has released its annual Big Ideas report for 2021, highlighting the best and worst investment opportunities out there. When it comes to the worst ideas, ARK said household name NASDAQ listed Intel is ...

Link scraps European acquisition

KARREN VERGARA  |  MONDAY, 1 FEB 2021
... Property Exchange Australia (PEXA) is underway with "good indicative interest received to date". Link and the Commonwealth Bank bought PEXA less than three years ago for $1.6 billion. Link chief executive and managing director Vivek Bhatia said: "The ...

Parametric names new research lead

KARREN VERGARA  |  MONDAY, 1 FEB 2021
... market returns, and culture dilution and, at worst, 'mission drift' could substitute superannuation funds as the neo-bank conglomerates of the future," she said. The advantages of CPM will allow super funds to move to the implementation phase ...

Reference checks should cover all advice: FPA

KARREN VERGARA  |  MONDAY, 1 FEB 2021
Reference checks should be extended to general advice and to anyone that has the ability to influence the financial advice process, according to the Financial Planning Association of Australia. In its submission to ASIC for Consultation Paper 333 Implementing ...

FSC appoints new board member

ELIZABETH MCARTHUR  |  MONDAY, 1 FEB 2021
... Geoff Lloyd departed following the sale of MLC Wealth to IOOF. Morgan was previously chief financial officer for Commonwealth Bank's wealth management arm and chief financial officer of business and private banking and executive general manager of finance ...

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG  |  MONDAY, 1 FEB 2021
... currently in the late stages of a broad-based bubble in risky assets." But as the Australian Financial Review reports: "...Bank of Montreal chief economist Doug Porter said the Reddit army's attack on GameStop and other highly shorted stocks could ...

NAB swallows up neobank

ELIZA BAVIN  |  FRIDAY, 29 JAN 2021
... Sydney-based IT service management company, and led by chief executive Robert Bell, 86 400 launched the mobile-led digital bank and was granted an ADI licence in July 2019. Under the acquisition agreement, its 85,000 customers, $375 million in deposits ...

Gender diversity has a way to go: Research

ANNABELLE DICKSON  |  FRIDAY, 29 JAN 2021
... record number of companies that disclosed data. From financial services, companies that made the index include Commonwealth Bank, Westpac, Challenger, National Australia Bank and QBE Insurance. Other companies include Nine Entertainment, Scentre Group ...

Ord Minnett expands footprint

ANNABELLE DICKSON  |  FRIDAY, 29 JAN 2021
... advice and services," Smith said. The development comes as the firm announced seven appointments last week. Former Deutsche Bank director Ashley Cox joined the firm on January 18 in institutional equities sales. Michael Gerges joined on January 11, as ...