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Showing 4251 - 4260 of 17956 results for "Bank"

NEOS upgrades super product

KARREN VERGARA  |  THURSDAY, 11 JUL 2019
Enhancements to NEOS Life's superannuation product Super Plan are helping customers apply for cover in a fraction of the time. When applying for the risk-only superannuation product, a customer's identity is validated and automatically matched with ...

Former financial adviser jailed

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUL 2019
... clients' affairs - enabling him to conduct unauthorised transactions. Gibbs also created and used false documents, including bank documents and member statements in which he lied to his clients about the value of their investment portfolios in an effort ...

UBS appoints new country heads

KANIKA SOOD  |  WEDNESDAY, 10 JUL 2019
... to 2011 and served as joint global head of investment banking from 2011 to 2013. He is a former member of the investment bank global executive committee from and was chair of IB APAC management committee from 2016 to 2019. "Having worked alongside Matthew ...

Aussie HNWIs slip down global rankings

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
Australia's high-net-worth population slumped in the rankings of a global wealth study as millionaires shifted their portfolio to cash amid share market uncertainty. According to Capgemini's annual World Wealth Report, the number of Australian ...

New features for My AMP

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUL 2019
... banking, cashflow and budgeting as well as review and change super and insurance arrangements and access investment reach. Bank accounts from other financial institutions can be incorporated into the My AMP site, to provide a complete wealth picture. ...

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
With business conditions and confidence like it is, the Reserve Bank of Australia (RBA)'s full employment target just got a little harder to meet. Recall that in his speech at the RBA board dinner with the business community on June 4 - the night ...

Sovereign investors go back to fixed income

KANIKA SOOD  |  TUESDAY, 9 JUL 2019
... are from Invesco's Global Sovereign Asset Management Study conducted with 130 individual sovereign investors and central bank reserve managers across the globe representing $20.3 trillion of assets. The sample included six respondents from Australia ...

Deutsche chief to buy shares amid turmoil

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUL 2019
Deutsche Bank's chief executive said he will put his money where his mouth is, committing to invest his own salary in a bid to turn the institution around. Speaking to analysts and shareholders yesterday, Deutsche chief Christian Sewing said: "No-one ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
... interest rates by 50 bps from the current 2.25%-2.5% as early as its July FOMC meeting to just a 25bps reduction. The Reserve Bank of Australia (RBA) would have clicked "like" though. This is because rising Fed rate cut expectations have nullified its ...

Super fund appoints investment lead

HARRISON WORLEY  |  MONDAY, 8 JUL 2019
A former NAB Asset Management executive was appointed chief investment officer of a $250 million superannuation fund. Jason Hazell has joined Crescent Wealth as its new chief investment officer, bringing with him more than 20 years' experience in super ...