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Showing 21 - 30 of 16870 results for %22ME Bank%22

Billionaire receives death penalty for embezzlement

KARREN VERGARA  |  FRIDAY, 12 APR 2024
... Express said. VN Express reports that Lan took advantage of the government's plan to restructure the Saigon Commercial Bank (SCB) between 2012 to 2022, in which Lan and her accomplices, which included family members, obtained 2500 loans that led ...

Schroders welcomes new head of intermediary

ELIZA BAVIN  |  FRIDAY, 12 APR 2024
... contributions and earned high regard from colleagues and clients. He also previously worked for State Street and the Commonwealth Bank. Schroders Australia chief executive and chief investment officer Simon Doyle said Fernandez brings a wealth of experience ...

Proxy advisors have 'undue influence': Jamie Dimon

ANDREW MCKEAN  |  THURSDAY, 11 APR 2024
In an annual letter to shareholders, J.P. Morgan chief executive Jamie Dimon expressed concern about the "undue influence" of proxy advisors, particularly ISS and Glass Lewis. Dimon said asset managers and institutional investors should base their voting ...

Janus Henderson tailors fund to NZ investors

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
... transfer, fixed income, currency and commodity relative value, and portfolio protection. The fund aims to outperform the Reserve Bank of NZ official cash rate by 7% before fees over rolling three-year periods. The strategy is co-managed by head of diversified ...

Morningstar warns of stretched valuations in Australian equities

ANDREW MCKEAN  |  TUESDAY, 9 APR 2024
The Australian equity market is slightly overvalued following a strong rally, according to Morningstar's Q2 2024 outlook. The S&P/ASX 200 benchmark has climbed about 15% from its October 2023 lows to hover around 7800, signalling what Morningstar called ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... topped US$2.1 trillion in assets and committed capital globally last year. The private credit market, which specialises in non-bank financial institutions such as investment funds lending to corporate borrowers, is now nearing market share equal to that ...

Australian housing crisis escalates as affordability worsens

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
... continue to rise despite affordability constraints," the economists said. In a related economic development, despite the Reserve Bank of Australia's (RBA) rate hikes last year, with a backdrop of a continuing population boom, UBS has slightly increased ...

James Mawhinney applies to have ASIC's case struck out

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... Parliament to commence an inquiry." The representations which Mawhinney's lawyers have applied to strike out include the 'Bank Term Deposit Representation', the 'No Risk of Default Representation' and the 'Repayment Representation', which ASIC relied ...

Heartland finally gets regulatory approval for Challenger Bank acquisition

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... announced it received indicative regulatory approvals from the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of New Zealand (RBNZ) for Heartland Bank's acquisition of Challenger Bank. Heartland said, subject to final regulatory ...

Income AM bolsters sales function

ELIZABETH FRY  |  FRIDAY, 5 APR 2024
... Gugger, Frederick Stewart, Nick Lowings and Darryl Bruce. The firm has also recruited Sandra Ang from National Australia Bank, where she was a senior Investment relationship manager. The high-profile Gugger brings over 30 years of experience in financial ...