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Showing 3061 - 3070 of 17956 results for "Bank"

Jarden continues Australian expansion

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 OCT 2020
Kiwi investment bank Jarden is continuing to grow its Australian team, with a new appointment from Goldman Sachs. Catherine McCormack will join Jarden Australia as managing director and head of natural resources and utilities. She was previously managing ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
The Australian recession is over! This was what Reserve Bank of Australia deputy governor Guy Debelle implicitly told a Senate Estimates virtual hearing when he said :"At the moment it looks like the September quarter for the country probably recorded ...

Federal Court freezes investment scam, winds up SMSF operator

ANNABELLE DICKSON  |  TUESDAY, 27 OCT 2020
... Court has made orders to restrain Matthew Alan Beresford from continuing a financial services business and suspended the bank accounts and websites associated with Maxwell Financial Services and Asset Capital Holdings. Furthermore, the Court has ordered ...

Boutique hires from MLC Asset Management

KANIKA SOOD  |  TUESDAY, 27 OCT 2020
... Asset Management, NAB Asset Management and NAB Wealth Distribution, Ellerston Capital, UBS Wealth Management, and Macquarie Bank. She has been tasked with developing further channel opportunities across Australian equities and Australian property securities. ...

Boutique builds out executive team

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
... partner of Sayers. Kate Keenan, also a founding partner, was appointed chief brand officer. She came from senior roles at Judo Bank and NAB. Lee Redpath, the former operations chief at OpenMarkets Australia and partner at Crestone, joined Sayers in October ...

Carlyle buys into Calastone, ups Link bid

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
... has boomed since the onset of the pandemic. PEXA is a digital property settlement solution co-owned by Link, Commonwealth Bank and Lightyear Investments. Link is in the process of reviewing the revised proposal.

Westpac hit with $1.2bn of losses

KARREN VERGARA  |  MONDAY, 26 OCT 2020
... Westpac will be hit with $1.2 billion worth of losses mostly driven by its life insurance business and AUSTRAC penalties. The bank flagged the massive loss ahead of releasing its full year 2020 results on November 2. Goodwill and intangibles associated ...

IOOF compensation bill soars

KARREN VERGARA  |  MONDAY, 26 OCT 2020
The former pensions and investments business of ANZ has exacerbated IOOF's client remediation bill, which has now topped $760 million. The provision for ex-ANZ P&I took the lion's share of the total remediation bill at $197.9 million. The firm ...

Chief economist update: A V, a W and an L

BENJAMIN ONG  |  MONDAY, 26 OCT 2020
... activity in Japan has bounced back from the record low reading of 25.8 back in April this year, but at 46.7, the au Jibun Bank flash Japan composite PMI continues to bounce around the bottom in October. Though an improvement from September's reading ...

Pendal appoints head of institutional

KANIKA SOOD  |  FRIDAY, 23 OCT 2020
Pendal Group has hired an IFM Investors executive director as its new head of institutional for Australia which has $19.8 billion in assets. Nicki Ashton will start in the role on November 9 and report to Pendal's head of Australian distribution ...