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Showing 4241 - 4250 of 17956 results for "Bank"

Irish pension funds reduce equity exposure

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
According to Mercer, Irish pension schemes are reducing their exposure to equities and diversifying into property, infrastructure and hedge funds instead. Mercer's 2019 European Asset Allocation survey also shows average equity allocations for Irish ...

Impact investing under threat

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
... that's the answer to climate change and other challenges - it's not," Palmer says. "It's capital going to the bank, it's not money that's exposed to the risk of something like building new solar and wind farms directly." Rosemary ...

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. ...

Grattan Institute chief retires

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
Grattan Institute chief executive John Daley announced his retirement from the think-tank after a decade in the role. Daley will be stepping down from his position when his contract finishes in July 2020. Chair of Grattan Institute Alex Chernov said ...

US bonds present ESG problem

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
Schroders' global head of stewardship believes ESG-focused investors should exercise caution before investing in US corporate bonds. Schroders global head of stewardship Jessica Ground told a media briefing in Sydney recently that some US corporate ...

Wealth jobs in demand

HARRISON WORLEY  |  MONDAY, 15 JUL 2019
... half of the year, though noted boutique advice firms would look closely at the cultural fit of advisers arriving from a big bank given the differences between working environments, clients and culture. News is good for paraplanners however, with Hays ...

Government reduces deeming rates

KARREN VERGARA  |  MONDAY, 15 JUL 2019
... deposits, managed investments, loans and debentures, listed shares and securities, and some income streams. In June, the Reserve Bank of Australia made the first round of rate cuts from 1.5% to 1.25%. It immediately followed with another cut in July ...

AFCA delivers $83 million win

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
The Australian Financial Complaints Authority has collected over $83 million for consumers and small businesses in just six months. In its first six months of operations, AFCA received over 35,000 complaints and 60% of those have already been resolved. ...

AMP Life sale blocked

JAMIE WILLIAMSON  |  MONDAY, 15 JUL 2019
... unlikely to proceed on the current terms do to challenges in meeting the condition precedent to obtain approval from the Reserve Bank of New Zealand (RBNZ). On July 13, Resolution Life informed AMP that the RBNZ would not consider Resolution Life's ...

ASIC slams consumer credit failures

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
... said the corporate regulator was "deeply troubled" by the findings in the report, which included the likes of Commonwealth Bank and its subsidiary Bankwest, ANZ, NAB, Westpac, Suncorp, Citigroup and others. "Lenders and insurers have had more than enough ...