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Showing 2911 - 2920 of 17956 results for "Bank"

Chief economist update: Japan's second state of emergency

BENJAMIN ONG  |  TUESDAY, 19 JAN 2021
... minus 5.8% from negative 10.2% in the June quarter. Manufacturing and service sector activity - as measured by the au Jibun Bank Japan PMI - rebounded from the record lows seen in April last year. The sun was finally rising in Japan. That is until the ...

Crackdown on ERS scams continues

ELIZA BAVIN  |  MONDAY, 18 JAN 2021
The Australian Taxation Office (ATO) has confirmed it is still working with the Australian Federal Police (AFP) to crack down on early release of super scams which cost Australians over $6 million. Combined, the value of scams rose 23% in 2020, with ...

Careful portfolio rebalances needed: First Sentier

ELIZA BAVIN  |  MONDAY, 18 JAN 2021
... stabilised in several regions, risk remains. "We aren't out of the woods yet. While 2021 is unlikely to see a pullback in central bank interventions or a rise in cash rates, the pace of the global recovery may see markets rethink the 'liquidity forever' ...

Bell Financial Group profits up 44%

KANIKA SOOD  |  THURSDAY, 14 JAN 2021
... $129 million - up 7.4% from 30 June 2019. Net profit was $14.3 million - up 2.6%. Last year, it acquired Macquarie Private Bank's third-party clearing services.

Citi unifies global wealth management business

ELIZABETH MCARTHUR  |  THURSDAY, 14 JAN 2021
... Australia and New Zealand, including across custody, trading and banking. The new business will also incorporate Citi Private Bank and Citi Personal Wealth Management. O'Donnell will report to Anand Selva, chief executive of global consumer banking and ...

BNP Paribas to offer initial margin services

KANIKA SOOD  |  THURSDAY, 14 JAN 2021
BNP Paribas Securities Services is expanding its collateral management services in Asia Pacific, to include initial margin requirements arising for non-cleared OTC derivatives positions. Initial margin rules for non-cleared derivatives transactions ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
The All Ordinaries index finished 2020 with a gain of 0.7%. Nothing to write home to mother about, especially compared with the 16.3% and 16.0% surge in the S&P 500 and the Nikkei-225, respectively, over the same period. However, the local bourse's ...

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
... around the world have been responding almost in unison (through increased policy accommodation), leaving no single central bank at a relative advantage - a zero sum game if you will. It's a different story for the stock market. The FTSE-100 index ...

WealthO2 names chair, director

ANNABELLE DICKSON  |  TUESDAY, 12 JAN 2021
... founder of Macquarie Wrap as chair and HUB24 co-founder as executive director. Neil Roderick spent 14 years at Macquarie Bank where he was responsible for establishing Macquarie Wrap, the Professional Series, and retail life insurance businesses, as ...

Schroders adds to private debt team

ELIZA BAVIN  |  TUESDAY, 12 JAN 2021
... Australia. Prior to that, Hallam spent over 30 years in Australia's banking sector including holding senior roles at Macquarie Bank and RBC Capital Markets. Kidd said his significant experience in financial markets, and background in executing new offerings ...