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Showing 3631 - 3640 of 17956 results for "Bank"

Fixed income liquidity squeeze bites

KANIKA SOOD  |  THURSDAY, 2 APR 2020
Financial advisers and investors in fixed income funds are feeling the heat as markets trade less frequently in the ongoing COVID-19 correction, and they are slugged with exit costs. Unlisted managed fixed income funds from giants like Vanguard and ...

Atlas Advisors adds to leadership

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
Atlas Advisors Australia has hired two former Macquarie Group executives. Arthur Porter has joined Atlas as executive director of real estate and Craig Swanger as head of advisory board financial products. Porter spent 14 years at Macquarie Group where ...

How PYS changes caused 34% premium hikes

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
... members of four superannuation funds facing premium increases of 34%. Members of Crescent Wealth Super, Members of Defence Bank, Bankfirst and Beyond Bank super funds have seen insurance premiums on their TAL group insurance policies rise by 34%. A spokesperson ...

Opportunities and threats amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 2 APR 2020
... and restaurants will be negatively impacted, but few retailers are overly exposed to this sector. In both the retail and bank sectors, the biggest risk is the shutdown goes on for longer." With most of Australia self-isolating, the gaming sector has ...

Count Financial adds tech integrations

ALLY SELBY  |  THURSDAY, 2 APR 2020
... time during the discovery and advice formulation process. With Countplus taking over Count Financial from the Commonwealth Bank in late 2019, the new tech integrations will remedy the lack of communication between accounting platforms and financial advice ...

GDP to contract 10%: CBA

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
Commonwealth Bank chief Matt Comyn said the bank is anticipating a 10% contraction of GDP in the March quarter, doubling his prediction from last week. Last week Comyn had predicted a 5-6% impact on the economy but said he revised his prediction due ...

Chief economist update: AUD depreciation no cure for coronavirus

BENJAMIN ONG  |  THURSDAY, 2 APR 2020
All good things must come to an end and this 'Lucky Country's' luck appears to have ran out after enjoying 28 years and a bit without an economic recession. Australia has survived economic and financial market upheavals over the past three ...

Westpac names new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
Westpac has confirmed acting chief executive Peter King will take on the role permanently to steer the bank through ongoing uncertainty. In an announcement today, Westpac chair John McFarlane said King has agreed to take on the role for the next two ...

William Buck boosts private wealth office

ELIZA BAVIN  |  WEDNESDAY, 1 APR 2020
Accounting and advisory firm William Buck has announced a new appointment to its South Australian private office wealth team. Andrew Bradley has been appointed to the role of private office senior advisor at the firm. William Buck SA managing director ...

ASX suffers worst quarter in over a century

ELIZA BAVIN  |  WEDNESDAY, 1 APR 2020
The ASX suffered the worst quarter in over 100 years, but is putting the past behind it to rebound at the open today. Both the S&P/ASX 200 and the S&P/NZX 50 portfolio completed their worst monthly and quarterly declines this century, sliding 21% and ...