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Showing 5081 - 5090 of 17956 results for "Bank"

Chief economist update: Steady at 24 and counting

BENJAMIN ONG  |  WEDNESDAY, 4 JUL 2018
The Reserve Bank of Australia (RBA) didn't disappoint when it kept the official cash rate unchanged at a record low 1.5% following its 3 July board meeting. It has been 24 months now - the longest in recent history - that the official cash rate ...

ASIC takes financial planner to court

KANIKA SOOD  |  TUESDAY, 3 JUL 2018
... Australia to pay $500,000 into a community fund and accepted an enforceable undertaking that will require the investment bank to tighten controls of its bookbuild messaging of which Goldman Sachs Australia acts as lead manager on certain equity capital ...

Catholic Super appoints CIO

KANIKA SOOD  |  TUESDAY, 3 JUL 2018
... Superannuation Master Trust, which operates both Catholic Super and MyLife MySuper, as well as a financial planning company and a bank dedicated to the Master Trust's super members. She will have a strong focus on asset allocation, equities and alternative ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
"We're going to drain the swamp." This was one of US President Donald Trump's battle cry when he was still campaigning for the top job in America. It looks like he's on his way to fulfilling this promise but instead, Trump's draining ...

Pendal Group appoints director

KANIKA SOOD  |  MONDAY, 2 JUL 2018
The $99 billion investment manager has appointed an independent non-executive director to its board. Sally Collier is joining the board as well as its remuneration and nominations committee, and its audit and risk management committees. She replaces ...

Former Magellan research head joins boutique

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
... and served as a member of the franchise team. Before Magellan, Thomas was an equities analyst at BT Securities and Deutsche Bank. Her departure followed the news that the Magellan IPO in October 2017 for a new listed investment trust raised $1.55 billion ...

BNP Paribas wins $378bn admin mandate

KARREN VERGARA  |  FRIDAY, 29 JUN 2018
... now known as Deutsche Bank's asset management business. It rebranded in December 2017 and introduced a new logo. The bank at the time said all of Deutsche Asset Management's business lines - institutional and retail segments and across its active ...

ABA appoints deputy chair

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
... has appointed Suncorp's chief executive as its new deputy chair. David Carter is taking the role from Bendigo and Adelaide Bank managing director Mike Hirst, who announced his retirement from the bank in March. "The ABA warmly welcomes David Carter to ...

Absolute returns core to building wealth: ARCO chair

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
... perform better when the market is struggling." Absolute return investing can measure its performance against the Reserve Bank cash rate instead of a market benchmark. "One thing we know about cash rates is - certainly in Australia's history - they don't ...

Qualitas creates LIT, enters retail market

DARREN SNYDER  |  FRIDAY, 29 JUN 2018
Real estate manager Qualitas is in the final stages of launching a listed investment trust, its first exchange-traded product and its first foray into the retail investment market. The listed investment trust (LIT) will focus on commercial real estate ...