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Showing 5051 - 5060 of 17956 results for "Bank"

MLC announces new chief executive

KARREN VERGARA  |  TUESDAY, 17 JUL 2018
National Australia Bank announced the new chief executive of MLC, who will take the reins on 1 September 2018. Geoff Lloyd will lead MLC after six years as chief executive and managing director of Perpetual. He will report directly to NAB chief executive ...

AMP claims director exits

KARREN VERGARA  |  MONDAY, 16 JUL 2018
The director of claims at AMP has resigned after a little over 12 months in the role. AMP confirmed Jen Mitchell has left the organisation, with Margot Wilson taking her place on an interim basis. Melbourne-based Mitchell joined AMP as head of claims ...

UBS chief investment strategist leaves

KANIKA SOOD  |  FRIDAY, 13 JUL 2018
UBS chief investment strategist for equities has left after more than a decade in the job, the investment bank confirmed. David Cassidy left the role at the end of the financial year. He joined UBS in 2004, and the firm is expected to begin a search ...

Frontier names head of real assets arm

KARREN VERGARA  |  FRIDAY, 13 JUL 2018
Frontier Advisors appointed an investment banker to lead its real assets division. Isabelle Demir joins Frontier Advisors as head of real assets on July 30. The asset consultant has about $300 billion under advice. Demir will work closely with property ...

IOOF executive takes new role

JAMIE WILLIAMSON  |  FRIDAY, 13 JUL 2018
... Herold was a portfolio manager at AMP and held the same role at Pengana Capital. She has also held roles with Commonwealth Bank, J.P. Morgan and Henderson Global Investors. In announcing Herold's appointment, Centrepoint's advice solutions executive ...

Sovereign investors change tack: Invesco

KANIKA SOOD  |  THURSDAY, 12 JUL 2018
... have overtaken bonds in the portfolios of sovereign wealth investors, according to Invesco which interviewed 126 central bank and sovereign wealth managers. Asia Pacific sovereign wealth investors are eyeing alternative investments and picking active ...

EU to offer cross-border pension scheme

KARREN VERGARA  |  THURSDAY, 12 JUL 2018
... firms and asset managers. EU households are among the highest savers in the world, but the bulk of these savings are held in bank accounts with short maturities, the draft regulation said. More investment into capital markets can therefore help meet ...

APRA tells banks to prepare for financial storm clouds

HARRISON WORLEY  |  THURSDAY, 12 JUL 2018
The chairman of Australia's prudential regulator wants banks to take advantage of a relatively good climate and build financial resilience before storm clouds form. Speaking at an Australian Business Economists lunch yesterday, APRA chairman Wayne Byres ...

CBA should have done more: Federal Court

HARRISON WORLEY  |  WEDNESDAY, 11 JUL 2018
The Federal Court judge who slapped the Commonwealth Bank with a $5 million pecuniary penalty over its role in setting the bank bill swap rate said the bank should have better supervised its staff. Justice Beach of the Federal Court delivered the assessment ...

Industry expert joins SMSFA board

KARREN VERGARA  |  WEDNESDAY, 11 JUL 2018
... knowledge of financial services and superannuation. Ralston serves on numerous boards, including YBF Ventures and the Reserve Bank of Australia. The SMSFA has 1.1 million members who have more than $712 billion of funds under management. It recently ...