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Showing 3101 - 3110 of 19578 results for "Ban"

ANZ profits up 45%, dividends double

KANIKA SOOD  |  WEDNESDAY, 5 MAY 2021
ANZ posted statutory profit after tax in the first half to $2.9 billion, up 45% from 2H20. The bank announced a dividend of 70 cents per share, double of the previous half's dividend. ANZ said key drivers for the increase in its profits were net credit ...

Australian Unity Bank hires sporting legend

KARREN VERGARA  |  WEDNESDAY, 5 MAY 2021
Australian Unity has appointed a former Olympian and an Order of Australia recipient to lead its banking division. Kieren Perkins is to become the chief executive of Australian Unity Bank on July 1. He spent 12 years at NAB where he held managerial ...

Finance workers to quit over flexibility

ANNABELLE DICKSON  |  WEDNESDAY, 5 MAY 2021
A significant amount of banking and financial services workers are likely to leave their current job if they are not offered flexibility, new research from EY shows. EY data showed 62% of financial services workers will quit their role if they cannot ...

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
The Reserve Bank of Australia's (RBA) May the fourth Board meeting would have been a ho-hum event had it not been for the month of July. As expected, the RBA left monetary policy settings unchanged - "including the targets of 10 basis points for ...

JPMAM Australia chief to retire

JAMIE WILLIAMSON  |  TUESDAY, 4 MAY 2021
After more than a decade with the business, J.P. Morgan Asset Management's local chief executive Rachel Farrell is set to retire later this year. Farrell first joined JPMAM in Singapore in 2011 as head of sovereign and institutional clients, South ...

LGIAsuper picks custodian for merged fund

KANIKA SOOD  |  TUESDAY, 4 MAY 2021
LGIAsuper, which is merging with Energy Supe r and recently bought S uncorp's superannuation assets, has appointed a new custodian for the total $28 billion in assets. The merged industry fund will use NAB Asset Servicing as its custodian, siding ...

Citi hires transition management expert

KARREN VERGARA  |  TUESDAY, 4 MAY 2021
Citi has welcomed a State Street veteran to lead its Asia Pacific transition management and portfolio solutions team. James Clark joins as a director based in Singapore where he has been located for the past 16 years. Clark will be responsible for managing ...

MLC Life hires general manager

KARREN VERGARA  |  TUESDAY, 4 MAY 2021
MLC Life Insurance has appointed a new lead for its life insurance portfolio, overseeing product, pricing and retail. Bozenna Hinton started in her new role of general manager of product pricing and retail insurance proposition on May 3. Hinton is responsible ...

Ethereum overtakes big four banks

ANNABELLE DICKSON  |  TUESDAY, 4 MAY 2021
The second-largest cryptocurrency has reached new heights, with its market capitalisation surpassing that of the big four banks combined. Ethereum has a US$353 billion market cap, overtaking NAB, Westpac, ANZ and Commonwealth Bank. At the time of publishing ...

Milford hires from Macquarie

ELIZABETH MCARTHUR  |  TUESDAY, 4 MAY 2021
New Zealand-based investment firm Milford Asset Management has appointed a head of wholesale distribution and more as it expands its team. Murray Pell has been appointed head of wholesale distribution, joining from Macquarie Bank where he was responsible ...