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Showing 471 - 480 of 2965 results for "America"

Westpac profit climbs, executive leaves

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
Westpac has signalled its recovery from the pandemic with cash earnings increasing by 256% to $3.5 billion over the last 12 months, as it looks to reduce costs by 2024 and farewells a key executive. In its half-year results, Westpac recorded a 189% ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
"It's not time to make a change Just relax, take it easy..." - Cat Stevens This is the US Federal Reserve's message to the markets at the conclusion of its April FOMC meeting in its efforts to calm concerns over rising inflation expectations ...

Chief economist update: The pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 21 APR 2021
The music has stopped, should we cease dancing? Two consecutive days of losses on Wall Street is a very long time in financial markets so much so that "pundits struggle to explain stocks stumble", according to the Australian Financial Review (AFR). ...

Macquarie head joins alternative platform

ELIZABETH MCARTHUR  |  FRIDAY, 16 APR 2021
The former head of research and strategic accounts at Macquarie has joined an alternative investment platform. Chris Brookman has joined Altive, an alternative investment platform and fund manager which enables high-net-worth individuals to invest in ...

Honan launches reinsurance offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 APR 2021
Honan has announced it will enter the reinsurance market through the launch of Honan Re. Honan Re commenced operations in April 2021, based in Singapore and headed by Honan Asia managing director Eliza White. It will offer facultative reinsurance solutions ...

Chief economist update: No fear

BENJAMIN ONG  |  MONDAY, 12 APR 2021
The coronavirus optimism that prevailed over the dying weeks of 2020 and into the first quarter of this year has been replaced by concerns over the resurgence in infections - in Europe, India, Japan, South Korea and lately, the US, among others - caused ...

Chief economist update: Too much of a good thing could be a bad thing

BENJAMIN ONG  |  WEDNESDAY, 31 MAR 2021
... consumers are spending consumers. US consumer confidence has rebounded to its highest level since the onset of the pandemic in America in March last year. This is hardly surprising with cases of coronavirus infections dropping, vaccine distribution running ...

ClearView bolsters team

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
... certainty and stability of benefits and premiums for customers and advisers." Kulikov joins from Reinsurance Group of America where he was chief risk officer for Australia and head of research. Prior to that, he was corporate actuarial manager at Swiss ...

De Ferrari hasn't resigned: AMP

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
AMP has confirmed its chief executive Francesco De Ferrari has not tendered a resignation, amid speculation. The Australian Financial Review on March 25 reported De Ferrari was set to resign on the day, after just over two years at AMP. The report added ...

Cboe acquires Chi-X

ELIZABETH MCARTHUR  |  THURSDAY, 25 MAR 2021
Cboe Global Markets has entered into a definitive agreement to acquire Chi-X Asia Pacific, Australia's most significant competitor exchange to the ASX. The transaction is expected to close in the second or third quarter of 2021, subject to regulatory ...