Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3511 - 3520 of 17956 results for "Bank"

Processes are the problem, not people: Count Financial

ALLY SELBY  |  WEDNESDAY, 13 MAY 2020
... to process issues not people, according to Count Financial. Countplus acquired the Count Financial from the Commonwealth Bank late last year for just $2.5 million and has since been working to transform Count Financial into a more profitable business ...

Australia facing largest ever GDP fall

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
... advantage of the lower entry points now before the next major rally," Green said. "In addition, those with savings in the bank are already getting no return thanks to the ultra-low interest rates. Negative rates will offer them more reason to increase ...

CBA sells 55% of CFS

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAY 2020
Commonwealth Bank is set to offload 55% of Colonial First State to a $335 billion global investment firm. Announced to the ASX this morning, CBA has entered an agreement to sell 55% of CFS to private equity firm KKR. CBA said the transaction implies ...

Industry fund reshuffles leadership

ELIZABETH MCARTHUR  |  TUESDAY, 12 MAY 2020
... Super as chief strategy officer in 2016. Prior to joining the fund, Nair held executive management roles at the Commonwealth Bank and Westpac. Jason Theng will step into the chief risk officer role now, being promoted from his position as executive manager ...

Investors pile into companies on life support

ALLY SELBY  |  TUESDAY, 12 MAY 2020
... "Volatility will not disappear, but confidence is growing that stabilisation has set in (for now) given government and central bank support - pending future developments," he said. Investors need to assess which companies are best positioned for recovery ...

Investment manager launches income fund

ALLY SELBY  |  TUESDAY, 12 MAY 2020
... portfolios," he said. "In Australia, a lot of investors looking for higher levels of income have historically invested in Australian bank equity or hybrid securities." In the past, Australian investors have also relied heavily on fixed income investments ...

Fundamentals return to the forefront in EM

ELIZA BAVIN  |  TUESDAY, 12 MAY 2020
... compelling when compared to developed markets and adjusted for inflation as well as within the context of easing central bank policies," they said. "It's worth noting that the markets with more robust and attractive interest-rate curves tend to be on ...

Chief economist update: Easing does it (again)

BENJAMIN ONG  |  TUESDAY, 12 MAY 2020
Easing of central bank monetary policy settings helped equity markets rebound and economies to recover from the "Great Recession" wrought by the Global Financial Crisis of 2009. Easing - this time, of social distancing and lockdown restrictions (implemented ...

Global asset manager launches new fund

ELIZA BAVIN  |  MONDAY, 11 MAY 2020
T. Rowe Price has expanded its suite of fixed income investment solutions for Australian investors with the launch of the T. Rowe Price Global High Income Fund. The asset manager said the fund is a concentrated, high-income portfolio of primarily global ...

Trust in big four improves

ALLY SELBY  |  MONDAY, 11 MAY 2020
... improve during the crisis. The highest attainable score in the survey was 100, while the lowest was -100. The highest score a bank received was 23. Westpac was the biggest improver of the bunch, lifting five points from negative two to plus three. Similarly ...