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Showing 3701 - 3710 of 17956 results for "Bank"

Suncorp executive exits

ELIZA BAVIN  |  FRIDAY, 13 MAR 2020
... digital journey. Prior to joining Suncorp, Abbruzzese worked at ANZ for 10 years, and prior to that help positions at Deutsche Bank, iSelect, Goldman Sachs and JB Were. Outgoing chief information officer, Sarah Harland joined Suncorp in September 2016 ...

REITs resilient in face of virus: Principal

ELIZA BAVIN  |  FRIDAY, 13 MAR 2020
... particularly compared to Hong Kong and to some extent, the US." Yoong said the recent official cash rate cut by the Reserve Bank of Australia makes A-REIT yields even more attractive. "A-REITS now yield about 5% - a lot better than the less than one ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... factory and office closures... generally, a general lockdown. Monetary and fiscal authorities have responded: The Reserve Bank of Australia (RBA) has cut interest rates by 25 bps earlier this month, taking the official cash rate to a new record low of ...

Bridges acquires bank advice business

JAMIE WILLIAMSON  |  THURSDAY, 12 MAR 2020
Bridges Financial Services will take over the financial planning business of a 140-year-year old bank. Following a comprehensive review, IMB Bank has announced it will sell its financial planning business to Bridges, effective May 1. The sale sees Bridges ...

APRA names new executive director

ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
... chief risk officer at the National Disability Insurance Agency and held a number of senior roles at the National Australia Bank on-and-off for over 25-years. Roberts was also chief risk officer at the Bank of New Zealand and help non-executive director ...

ScoMo launches $17b stimulus package

ALLY SELBY, ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
... Association (ABA) announced it is ready to face the challenge of COVID-19 and will assist customers. ABA chair and Commonwealth Bank chief executive Matt Comyn said the banks will continue to support Australians during this time. "Australia has a very ...

National Stock Exchange names new chief executive

ALLY SELBY  |  THURSDAY, 12 MAR 2020
The founder, managing director and chief executive of ASX-suspended fintech iSignthis is the new interim chief executive of the National Stock Exchange of Australia (NSX). John Karantzis will step into the role effective immediately, having recently ...

Alternatives to lead the way: J.P. Morgan

ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
J. P. Morgan Asset Management said alternatives should no longer be viewed as some "other" asset class, as the low rate environment gives way for investors to find higher returns. Kerry Craig, J.P. Morgan executive director global market strategist ...

MLC Asset Management appoints fixed income head

KANIKA SOOD  |  THURSDAY, 12 MAR 2020
... business environment. MLC Wealth includes the bank's superannuation, platform, asset management and advice businesses. The bank made several changes to the wealth business's leadership last year. It also rebranded its asset management business ...

Advisers too time-poor for cash management

HARRISON WORLEY  |  THURSDAY, 12 MAR 2020
... Financial Standard it was hard for advisers to be across the cash flow of a client given so many Australians use multiple bank accounts across different institutions. "Gone are the days when I just had all my bank accounts with one bank, and had everything ...