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Showing 21 - 30 of 162 results for "TIR"

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
UBS has agreed to acquire the embattled Credit Suisse for $4.8 billion. As part of the deal, the Swiss National Bank (SNB) will provide an additional $160 billion (CHF 100 billion)) in liquidity assistance to support the merge. UBS plans to appoint ...

In need of repair: Gender stereotypes and advice

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
If a male and female customer, each experiencing the same car troubles, take their vehicles for repairs to the same mechanic, who is more likely to get ripped off? That a woman will end up paying more is a tired cliché that continues to play out in ...

JANA awarded mandate by NFP

CHLOE WALKER  |  MONDAY, 20 FEB 2023
In a new mandate win, JANA will provide traditional advisory services, strategic advice and portfolio construction and risk assessment for Community Trust South. The New Zealand based philanthropic trust holds more than $270 million and has provided ...

AustralianSuper announces leadership shakeup

CHLOE WALKER  |  THURSDAY, 15 DEC 2022
The super fund's total portfolio management, asset allocation and research teams will be brought together into one team, under head of asset allocation Alister Barker. Barker has held senior investment positions with AustralianSuper since 2008 and ...

Rest names new independent chair

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2022
Rest chair Ken Marshman will step down at the end of the year, to be replaced by a former Victorian government minister. Marshman has been on the Rest board since December 2017 when he joined as an independent director. In July 2014, he became independent ...

Australian Ethical chief investment officer resigns

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2022
David Macri will step down as Australian Ethical's chief investment officer at the end of the year, after more than a decade in the role. Macri has led the firm's investment function for the past 11 years. In total, he's been with Australian ...

Stock exchanges, industry pay tribute to Queen Elizabeth II

JAMIE WILLIAMSON, CASSANDRA BALDINI  |  FRIDAY, 9 SEP 2022
Stock exchanges the world over have observed a minute's silence to honour Her Majesty Queen Elizabeth II, while several financial services organisations have also marked her passing overnight. The Royal Family announced early this morning that The ...

Transurban names new chair

CASSANDRA BALDINI  |  THURSDAY, 18 AUG 2022
Transurban has named Craig Drummond as its chair, replacing Lindsay Maxsted who will retire this year. The current non-executive director will replace Maxsted following the annual general meeting in October. Drummond joined the board in 2021 and has ...

Neobank Volt closes its doors

CASSANDRA BALDINI  |  WEDNESDAY, 29 JUN 2022
Australian neobank Volt, the first of its kind to receive a full banking licence from APRA, is closing its doors and urging customers to withdraw all funds from accounts before July 5. In a statement, Volt said the decision was made by the board after ...

Tesla axed from the S&P 500 ESG index

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
Tesla has been booted from the S&P 500 ESG index due to its low S&P Dow Jones Indices (DJI) ESG score. In an S&P DJI ideology blog, North American head of ESG indices Margaret Dorn said that Tesla had fallen into the bottom 25% of its industry group ...