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Showing 11 - 20 of 377 results for %22China Banking%22

Kate Howitt to leave Fidelity

CASSANDRA BALDINI  |  FRIDAY, 3 JUN 2022
... built a strong track record as an analyst and was appointed director, equities, and a co-portfolio manager for Fidelity China innovation strategy in August 2020. Prior to joining Fidelity, Casey was a portfolio manager and analyst at AMP Capital Investors ...

Net zero banks fund $3.5bn in carbon: Market Forces

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
... decades." Other banks include Japanese megabanks Mizuho, MUFG and SMBC, UK's HSBC and Standard Chartered, and Bank of China. Woodside, which sold the stake to GIP, has said this deal is critical to its decision to go ahead with the Pluto 2 project ...

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... profit after tax hit $181 million, buoyed by strong performances from AMP Bank and its stakes in Resolution Life and the China Pension Life Company. In the pre-Hayne Royal Commission days, AMP boasted a 2017 half-year NPAT of $533 million, while its ...

BlackRock secures licence to operate in China

KARREN VERGARA  |  MONDAY, 17 MAY 2021
... expansion into China, obtaining a licence from the local regulator to operate in wealth management via a joint venture. China Banking and Insurance Regulatory Commission (CBIRC) has granted BlackRock CCB Wealth Management, which is owned by BlackRock ...

AMP chair faces shareholder ire

KARREN VERGARA  |  FRIDAY, 30 APR 2021
... Markets. Wealth management, investment and banking group will operate under AMP Limited and maintain a partnership with China Life and Resolution Life. Many cast doubt about the timing of his resignation, making no sense of De Ferrari leaving in the ...

Citi to exit consumer banking in Australia

ELIZABETH MCARTHUR  |  FRIDAY, 16 APR 2021
... consumer banking division. This will mean Citi is exiting consumer banking entirely in a number of markets including Australia. China, India, Indonesia, Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand, Vietnam and Bahrain's Citi consumer ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
... than the annus horribilis that preceded it, risks remain. Recall that this time last year, the world was applauding the US-China trade deal. Trump's now gone and Biden could begin repairing Sino-Yankee relations. But Australia has graduated from ...

CBA provides BoCommLife update

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
Commonwealth Bank of Australia (CBA) has made progress on exiting life insurance after the China Banking and Insurance Regulatory Commission approved the sale of its stake in BoCommLife. The bank will divest its 37.5% stake in BoCommLife to MS&AD Insurance ...

RBA observes weakness and uncertainty

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
... or rising COVID-19 infection rates had recently lost momentum. In contrast, economic growth had been relatively strong in China. The future path of the recovery was highly dependent on containment of the virus," the RBA said. "The Australian economy ...

Franklin Templeton announces revised APAC team

ELIZA BAVIN  |  WEDNESDAY, 29 JUL 2020
... will continue in his role as managing director Australia and New Zealand. Linda Lian will take on a new role as head of China strategy. Isabella Chan will be appointed head of Hong Kong. Shannon Wang will continue as general manager of Legg Mason Investments ...