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Showing 341 - 350 of 1381 results for "franc"

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... bonds (despite their low, and in some, negative yields); the US dollar is up but safehaven currencies such as the Swiss franc and the Japanese yen are upper; gold's in, copper is out. Even central banks are busily preparing for the "R" contingency. ...

MLC transforms advice business

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
MLC Wealth is restructuring its financial advice business, including consolidating its aligned dealer groups down to two. MLC Wealth chief executive Geoff Lloyd today announced he is making major changes to its financial advice business ahead of separating ...

Advisers to bear brunt of AMP failings

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2019
AMP advisers planning to exercise their Buyer of Last Resort (BOLR) arrangements look set to have their business valuations slashed as part of the institution's new strategy. AMP chief executive Francesco De Ferrari said the group will look to recalculate ...

AMP profits dive, chief pay restructured

ELIZABETH MCARTHUR  |  THURSDAY, 8 AUG 2019
Reporting a 50% drop in wealth management profits, AMP conceded chief executive Francesco De Ferrari's remuneration will have to be reconsidered in light of share price tumbles. The group reported an underlying profit of $309 million for the first half ...

AMP announces new strategy, capital raise

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2019
AMP has announced a range of initiatives aimed to reposition it for the future, including a $650 million capital raise to reinvent its wealth management offering. Releasing its 1H19 results today, AMP has launched a $650 million capital raise to fund ...

Sydney portfolio manager on best female fundies list

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
The Sydney-based portfolio manager of an Aussie equities fund has earned a spot on Citywire's list of the top 30 female fund managers across the globe. Kate Howitt, the manager for Fidelity Australian Opportunities Fund since 2012, came in at 27th ...

Credit Suisse names chief executive

KRISTI CHENG  |  MONDAY, 29 JUL 2019
Credit Suisse hired Deutsche Bank's former head of corporate finance, Asia Pacific to lead its Australian operations as chief executive. Effective October, Richard Gibb will lead the Swiss investment bank's Australian franchise across investment banking ...

AXA equities executive departs

KANIKA SOOD  |  WEDNESDAY, 24 JUL 2019
AXA Investment Managers' head of Framlington Equities for Asia left the business at end of May, the manager confirmed. Mark Tinker moved to Hong Kong in September 2013 to lead the expansion of the Framlington Equities franchise in Asia, where he ...

Investment bank names new APAC markets head

KRISTI CHENG  |  TUESDAY, 16 JUL 2019
A UK-based investment bank has appointed a new head of markets for Asia Pacific, who will take on the role in addition to his current role. Barclays announced Matt Pecot, who is currently head of equities for Asia Pacific, is taking on the new role. ...

UBS appoints new country heads

KANIKA SOOD  |  WEDNESDAY, 10 JUL 2019
UBS has appointed new co-country heads for Australasia, as Matthew Grounds announces his plans to retire from the firm. Grounds will retire at the end of the year after 11 years as UBS Australasia's country head and chief executive. "Matthew has been ...