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Showing 3521 - 3530 of 17956 results for "Bank"

TradeFloor acquires tech solutions

ALLY SELBY  |  MONDAY, 11 MAY 2020
... said. "Having operated for more than seven years, [OpenMarkets] boasts 57,000 clients and is the largest independent, non-bank aligned ASX Clearing and Settlement Participant," it said. "Tchourilov and Janiczak have acquired a 50% stake of OpenMarkets ...

Suncorp wealth head departs

HARRISON WORLEY  |  MONDAY, 11 MAY 2020
... new banking and wealth chief executive, after the incumbent lasted just three months. Lee Hatton will leave the Queensland bank at the end of the month, bringing her tenure as chief executive of Suncorp's banking and wealth operations to an end after ...

Macquarie kicks off $400m raise

ALLY SELBY  |  MONDAY, 11 MAY 2020
Macquarie Bank has announced a $400 million capital raise, with the convertible notes set to be quoted on the ASX from Tuesday, May 19. The raise, aimed at both institutional and retail investors and Macquarie shareholders, will be issued at $100 per ...

ISA, ME Bank issued please explain

ELIZABETH MCARTHUR  |  MONDAY, 11 MAY 2020
Industry Super Australia and ME Bank will front the House of Representatives Standing Committee on Economics on Thursday for an urgent hearing. The call for explanations from the bank and ISA comes following news that ME Bank, which is owned by 26 industry ...

Dividends take hit, but will recover

ALLY SELBY  |  MONDAY, 11 MAY 2020
... that seen during the GFC, fiscal and monetary stimulus should aid a quicker recovery. "The amount of government and central bank stimulus and support already exceeds that of the GFC, which may allow most companies to get through the downturn without ...

ASIC delivers thinly veiled warning

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
ASIC has warned consumers about advertising that compares fixed-term investment products to bank term deposits, the issue it is pursuing Mayfair 101 over. ASIC said a surge in marketing of fixed-term investment products in recent months had prompted ...

Macquarie advice shift offers mixed results

HARRISON WORLEY  |  FRIDAY, 8 MAY 2020
Macquarie's advice shift towards high-net-worth clients has both dragged and contributed to the firm's full-year results. Announcing its full-year results to the market today, Macquarie revealed its banking and financial services arm made a ...

Kiwi investment firm nabs Aussie talent

ALLY SELBY  |  FRIDAY, 8 MAY 2020
A New Zealand-based investment and advisory group with a strategically alliance with Credit Suisse has nabbed four Aussie senior investment bankers as it moves into the Australian market. Jarden Capital has locked down three UBS senior bankers and one ...

Chief economist update: Annus horribilis with a vengeance

BENJAMIN ONG  |  FRIDAY, 8 MAY 2020
... don't know what the Latin term is for a year that's worse than "annus horribilis" but 2020 would be it. While the Bank of England (BOE) to keep monetary policy settings unchanged at its May meeting - the Bank Rate at a record low 0.1% and purchases ...

COVID-19 creates case for robo-advice

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... herself the way people want to jump into the market right now. She had a retired client call her asking to buy travel and bank shares because they thought the companies were good value. Those travel companies have seen their share prices slide further ...