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Showing 3151 - 3160 of 17956 results for "Bank"

J.P. Morgan set to cough up US$1bn

ALLY SELBY  |  THURSDAY, 24 SEP 2020
... crisis. The settlement rumours come after two precious metals traders and one former trader in the New York office of the bank were charged over their alleged participation in the manipulation scandal in September 2019. The conduct, the US Department ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... addressed the Australian Industry Group's (AiG) September 22 virtual conference, predicting that the Australian central bank will cut interest rates when the board next meet on October 6. According to Bill: "In a speech yesterday the deputy governor ...

Westpac reaches $1.3bn AUSTRAC deal

ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
... capability. We acknowledge the important role Westpac must play in protecting the integrity of the financial system." King said the bank is working on improving its end-to-end financial crime risk management processes and has established clearer accountabilities ...

First Sentier completes global rebrand

ANNABELLE DICKSON  |  WEDNESDAY, 23 SEP 2020
... Colonial First State Global Asset Management was renamed First Sentier Investors in September last year after Commonwealth Bank sold it to Japanese banking giant MUFG Group for $4 billion. First Sentier Investors chief executive officer Mark Steinberg ...

MLC Wealth risk lead departs

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 SEP 2020
... forged strong relationships, learned much and grown exponentially as a risk professional." She had been at National Australia Bank for almost five years, starting as head of risk and transformation in 2016. Prior to that, Pryor was general counsel and ...

AMP Capital launches infra debt strategy

ALLY SELBY  |  WEDNESDAY, 23 SEP 2020
AMP Capital has launched a new infrastructure debt strategy, set to help investors capitalise on emerging growth opportunities in the Asia Pacific region. The Infrastructure Debt Asia Pacific strategy will target infrastructure mezzanine debt opportunities ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
Reserve Bank of Australia (RBA) deputy governor Guy Debelle address at the Australian Industry Group's (AiG) September 22 virtual conference sparked a second wave - a second wave of negative interest rate speculation, that is. It was last on the ...

Liberman firm backs non-bank lender

KANIKA SOOD  |  TUESDAY, 22 SEP 2020
A Liberman family investment company has topped up its investment in a small bank lender. Josh Liberman Investment Group first invested in small-medium enterprise lender Lumi in November 2018 with a $31.5 million raise as a cornerstone investor. Lumi ...

Boutique welcomes operations chief

KARREN VERGARA  |  TUESDAY, 22 SEP 2020
... high-net-worth mandates. McQuire spent over eight years at Lazard in a similar role. Prior to that she worked at Macquarie Bank and ING Investment Management. Before Rahmani, who was appointed chief in July 2019, said that McQuire's appointment significantly ...

Finance job ads perk up

KARREN VERGARA  |  TUESDAY, 22 SEP 2020
Hiring activity in the banking and finance sectors is starting to pick up, after dropping 48% in April and May, latest job advertisements data show. A SEEK analysis between July and August shows demand in financial planning, compliance and risk, and ...