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Showing 3171 - 3180 of 17956 results for "Bank"

Global equities manager hires GM

KARREN VERGARA  |  WEDNESDAY, 16 SEP 2020
A boutique fund manager has hired a former Bank of America executive to help expand its global equities offering. Rhys Cahill joins Talaria Capital on November 16 as general manager of business after spending more than 15 years at Bank of America Merrill ...

Chief economist update: China's post-pandemic economy

BENJAMIN ONG  |  WEDNESDAY, 16 SEP 2020
"I guess it also rings a bell for some countries, which are still struggling to fight COVID-19, that without strict measures, the virus won't be fended off. We fought hard, this is our payback." Zhang Yong, a small taxi company owner in Wuhan, is ...

RBA observes weakness and uncertainty

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
The Reserve Bank of Australia (RBA) said there are signs of weakness in domestic economic conditions and a high level of uncertainty, when the board met for its September meeting. In considering the policy decision, the RBA said members observed that ...

Realindex appoints former BlackRock executive

ANNABELLE DICKSON  |  TUESDAY, 15 SEP 2020
... sustainable investment in Australia. Prior to her time at BlackRock, Nash was a senior quantitative analyst at Commonwealth Bank and a consultant at NERA Economic Consulting. Realindex chief executive Andrew Francis welcomed Nash to the team and said ...

Banks lose US$635 billion

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
... $437.2 billion in December 2019 and $305.44 billion as of August 2020. Other notable banks to take a percentage hit were the Bank of China (-23.68%), BNP Paribas (-26.2%) and MUFG (-23%). Buy Shares said banks went into the pandemic stronger and it might ...

Chief economist update: Prime Minister Suga

BENJAMIN ONG  |  TUESDAY, 15 SEP 2020
... credited with "Abenomics" - coined for his "three arrows" strategy: accommodative monetary policy aimed at achieving the Bank of Japan's (BOJ) 2% inflation target; increased fiscal spending aimed at raising the country's growth rate to 2%; and ...

Citi names global chief executive

KARREN VERGARA  |  MONDAY, 14 SEP 2020
... even stronger. I will do everything I can to make all of our stakeholders proud of our firm as we continue to build a better bank and improve our returns." Under Corbat's leadership, the firm's net income increased from US$7 billion to nearly US$20 billion. ...

NAB fined over fees for no service

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
The Federal Court of Australia has fined National Australia Bank $57.5 million over deceptive and misleading conduct. The proceedings commenced in 2018 and were initially brought by ASIC against NAB units NULIS and MLC Nominees for the charging of plan ...

Australian Unity adds to leadership

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
Australian Unity's property division has appointed an Ocean St Capital Advisers executive director to the newly created role of general manager - investment and origination. James Goodwin has around 20 years' experience in property will be responsible ...

The fundies of tomorrow

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
... today. In the two and half years since then, I've pitched a broad range of securities across a few sectors including Westpac Bank, IMF Bentham (now Omni Bridgeway), Bingo Industries, Magellan Financial Group, Flexigroup and EML payments," he says. There ...