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Showing 4951 - 4960 of 17956 results for "Bank"

IRESS first half revenues up 8pct, wealth and lending lead

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
... significant delivery. "The deployment of IRESS' first mortgage platform in Australia is progressing well with a second digital bank recently signed," it said in a statement. Its APAC financial markets generated "marginally lower" operating revenue of ...

Cromwell operating profit up 3pct, trims distributions

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
... are very conscious that this represents dollars and cents that would have otherwise been sitting in security holder's bank accounts," Weightman said. "We will work very hard to take some of those funds to drive future operating earnings growth and ...

The BOE's got no problem

BENJAMIN ONG  |  THURSDAY, 23 AUG 2018
When the Bank of England's (BOE) Monetary Policy Council (MPC) unanimously voted to raise the Bank Rate by 25 bps to 0.75% on August 2, BOE governor Mark Carney was quoted as saying: "The mistake is to always wait, wait, wait until you have perfect ...

Aberdeen Standard launches AI-powered global equity fund

KARREN VERGARA  |  WEDNESDAY, 22 AUG 2018
Aberdeen Standard Investments launched a new fund that uses active quantitative strategies powered by machine learning to identify sources of potential returns. Launched in Luxembourg, the Aberdeen Global (AG) Artificial Intelligence Global Equity SICAV ...

Equip grows to meet demand

HARRISON WORLEY  |  WEDNESDAY, 22 AUG 2018
... growth. Charlie Yanni links with Equip from LUCRF Super, and previously held business development roles with Rest and ME Bank. According to Equip executive officer, growth and corporate development John Farrington, the revelations emerging from the financial ...

Discriminatory bank regulation hits super savings

JAMIE WILLIAMSON  |  WEDNESDAY, 22 AUG 2018
... average industry or retail super fund member is missing out on an additional $12,000 in retirement as a direct result of bank liquidity regulation. "We estimate that the differential amounts to around $11.50 less in expected weekly income in retirement ...

AMP names new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 22 AUG 2018
AMP has named its new chief executive, ending months of speculation. Francesco De Ferrari will take the helm from 1 December 2018. He was most recently chief executive, South East Asia and Frontier Markets at Credit Suisse, as well as head of private ...

Natixis appoints insto sales head

KANIKA SOOD  |  TUESDAY, 21 AUG 2018
Natixis Investment Managers appointed a new head of institutional sales for Australia and New Zealand. Louise Watson will join the Sydney team of the $1.4 trillion multi-affiliate manager, having most recently served as CQS' head of distribution for ...

Foreign owners take over life insurance: KPMG

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... Australia will finally see an improved performance of the bancassurance channel on the back of recent landmark third party bank-insurer strategic alliances." Over the last five years, the proportion of life insurance written inside superannuation has ...

AI to transform financial services: Deloitte

HARRISON WORLEY  |  TUESDAY, 21 AUG 2018
Artificial intelligence (AI) is set to transform the realities of financial institutions, according to a new research report. According to Deloitte and the World Economic Forum, AI will radically change front and back-office operations, and create major ...