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Australia a priority for HSBC despite job cuts

LAURA MILLAN  |  WEDNESDAY, 10 JUN 2015
... "The world is increasingly connected, with Asia expected to show high growth and become the centre of global trade over the next decade. I am confident that our actions will allow us to capture expected future growth opportunities and deliver further ...

Lonsec launches ESG metric

ALEX BURKE  |  TUESDAY, 9 JUN 2015
Lonsec has launched the next series of its Better Investment Outcomes metrics, this time including one that targets environmental, social and governance (ESG) concerns. As reported in Financial Standard, Lonsec's BIOmetrics are product rating tools ...

Funds management elite tours Asia to seduce investors

LAURA MILLAN  |  TUESDAY, 9 JUN 2015
... with Australia on investment and financial services," she said. "If we get it right, financial services can be Australia's next major growth industry," Loane added. "The Free Trade Agreements, retirement challenges for the funds management industry and ...

Shares rise after four-days of losses

AAP  |  FRIDAY, 5 JUN 2015
... $31.31. NAB has completed its $5.5 billion capital raising after selling more than 28 million shares overnight on Thursday. The next big market event is US non-farm payroll employment numbers due out on Friday night, Australian time.

Climate change to impact returns: Mercer

LAURA MILLAN  |  FRIDAY, 5 JUN 2015

Greece's bundle of debt

BENJAMIN ONG  |  FRIDAY, 5 JUN 2015
... IMF brings forward a decision that was coming anyway. EU sources say the Greeks cannot meet a fresh deadline for a,-750m next week". "Christine Lagarde, the IMF's managing director, was caught off guard by the move", at the same time confirming that ...

J.P.Morgan makes Australian appointment amid global restructure

LAURA MILLAN  |  TUESDAY, 2 JUN 2015
... that this represents at least 2% of its current workforce and added that the average branch would lose one employee over the next two years. When asked for comment on the global redundancies, a J.P.Morgan spokesperson told Financial Standard : "There ...

Trillion dollar super industry attractive to organised criminals

DARREN SNYDER  |  MONDAY, 1 JUN 2015
... annual gross domestic product (GDP). It said superannuation will also accumulate about $7 trillion (130% of GDP) over the next 25 years - making it "a source of wealth attractive for targeting by opportunistic individuals and organised crime." The Australian ...

Independence on super boards should be skills based

DARREN SNYDER  |  MONDAY, 1 JUN 2015
... considered timely as the financial services industry expects the federal government to respond to the Financial System Inquiry next month. Mercer believes a recommendation will be to assign a majority of independent directors on superannuation boards. ...

Market to open lower

AAP  |  MONDAY, 1 JUN 2015
... could fail to reach an agreement on reforms tied to its bailout and Athens could struggle to meet looming debt repayments next week. In the eurozone, the CAC 40 in Paris plunged 2.53 per cent to end Friday at 5,007.89 points, and Frankfurt's DAX 30 tumbled ...