Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2921 - 2930 of 7440 results for "MAI"

ANZ hires Silicon Valley consultant for innovation

JAMIE WILLIAMSON  |  WEDNESDAY, 8 NOV 2017
ANZ has recruited a former Macquarie Group US head of technology investment banking for a lead innovation role. Taking on the role of managing director, new business, emerging technology and ventures, Ron Spector will be responsible for developing potential ...

Wealth, insurance arms hit banks' earnings

KARREN VERGARA  |  TUESDAY, 7 NOV 2017
The wealth management and insurance businesses continued to squeeze the margins of the four major banks in the full year to 2017, separate reports from EY and KPMG have found. A KPMG analysis of the major Australian banks' performance shows the insurance ...

Westpac Group results solid despite challenges

JAMIE WILLIAMSON  |  MONDAY, 6 NOV 2017
Westpac Group chief executive Brian Hartzer welcomed a solid full-year result for the group, driven in part by the $4 billion added to BT Financial Group's Panorama platform. Westpac reported a statutory net profit of $7.9 billion - up 7% year on year ...

Spaceship appoints new portfolio manager

ALEX BURKE  |  FRIDAY, 3 NOV 2017
Technology-focused super fund Spaceship has appointed a new portfolio manager. Jason Sedawie joins Spaceship from Decisive Asset Management, where he was also a portfolio manager. Prior to that, he was an equities analyst at Platypus Asset Management ...

Diversification trumping growth: Schroders

ALEX BURKE  |  FRIDAY, 3 NOV 2017
Latest Schroders broker research suggests diversification is overtaking growth as the primary driver of asset allocation strategy. About 50 brokers were surveyed and suggested that establishing a "well-diversified portfolio that will rise in most, but ...

Charter Hall launches fund, backs consumer spending

DARREN SNYDER  |  THURSDAY, 2 NOV 2017
Property fund manager Charter Hall is betting on Australians to maintain their spending patterns with the launch of a direct, multi-sector fund targeted at precincts tied to consumer staples. The Charter Hall Direct Diversified Consumer Staples Fund ...

NAB to simplify operations via job cuts

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2017
About 4000 NAB employees look set to lose their jobs by 2020 as the bank further automates its business. Releasing its full year results, NAB said a reshaping of its workforce would see the creation of 2000 new jobs to 2020, though overall about 6000 ...

The BOJ's boring Halloween

BENJAMIN ONG  |  WEDNESDAY, 1 NOV 2017
Halloween 2017 may have produced some palpitations as kids (and the kids at heart) went trick or treating, but for the Bank of Japan (BOJ) 'twas a fairly ho-hum event. At the conclusion of its 30-31 October policy meeting, the Japanese central served ...

VicSuper names new insurer

KARREN VERGARA  |  MONDAY, 30 OCT 2017
VicSuper has appointed its new insurance provider, replacing a long-running partnership with AMP. MetLife will take over the $19 billion superannuation fund's insurance portfolio following a comprehensive tender process involving six potential insurers ...

Shareholders need greater voice on ESG: ACSI

DARREN SNYDER  |  MONDAY, 30 OCT 2017
The Australian Council of Superannuation Investors believes the current framework for shareholder resolutions is flawed and needs reform. ACSI's latest report said Australia's corporate governance framework restricts an important right of shareholders ...