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Showing 5151 - 5160 of 17956 results for "Bank"

BetaShares launches fixed-rate corporate bond ETF

KANIKA SOOD  |  TUESDAY, 5 JUN 2018
Australia's fourth largest exchange traded product manager has listed a new ETF that will invest in up to 35 fixed-rate corporate bonds. BetaShares has launched CRED, an ETF that will invest in investment grade securities denominated in Aussie dollars ...

$26 billion real estate group shuffles portfolio

KANIKA SOOD  |  TUESDAY, 5 JUN 2018
Vicinity Centres is offloading about $1 billion of sub-regional and neighbourhood shopping centres, with a view to reinvest in opportunities that create better value for security holders. The recent portfolio reshuffle builds on the ASX-listed real ...

Chief economist update: Rush hour is over for the BOE

BENJAMIN ONG  |  TUESDAY, 5 JUN 2018
We are one and we are many, and all of us don't expect any movement from the Reserve Bank of Australia (RBA) when it meets at 2.30pm today for its monthly monetary policy deliberations. Yes Virginia, RBA Governor Philip Lowe has already gone on ...

Citi launches currency product, targets HNW investors

DARREN SNYDER  |  MONDAY, 4 JUN 2018
... ability to access 10 currencies in real-time, combined with the capabilities of a foreign currency debit card. Citi consumer bank chief executive Alan Machet told Financial Standard that an enormous increase in wealth management customers making international ...

Australia should consider Islamic finance to bridge infrastructure gap

ALEX BURKE  |  MONDAY, 4 JUN 2018
... to issue sukuks to assist in the funding of our infrastructure. Local financial institutions, such as National Australia Bank and Crescent Wealth have expertise in building compliant Islamic debt structures, and could be used in these funding initiat ...

Australian Unity Trustees signs tech partnership

JAMIE WILLIAMSON  |  MONDAY, 4 JUN 2018
... platform Sonata has also won a number of mandates in recent months including from the Scottish Friendly Assurance Society, ASB Bank and Commonwealth Super.

Findex launches debt advisory business

ALEX BURKE  |  MONDAY, 4 JUN 2018
Findex has expanded into debt advisory services and appointed a former St George executive to lead the business. At St George, Ben Upton was industry lead for emerging markets, having been a senior business banking manager at NAB prior to that. Commenting ...

Global investment bank expands Australian team

HARRISON WORLEY  |  MONDAY, 4 JUN 2018
The investment banking arm of the Royal Bank of Canada expanded its Australian distribution with the appointment of a head of fixed income sales. New York based Christopher Muirhead will join RBC Capital Markets Australian team in Sydney, linking from ...

CBA settles with AUSTRAC for $700m

JAMIE WILLIAMSON  |  MONDAY, 4 JUN 2018
Commonwealth Bank will pay $700 million to resolve civil proceedings brought against it by AUSTRAC for contravening anti-money laundering and counter-terrorism laws - almost double what it anticipated. CBA has announced it reached an agreement with ...

Pengana partners with credit boutique

KANIKA SOOD  |  FRIDAY, 1 JUN 2018
... short-duration credit. GCI has deployed about $100 million in credit assets in Australia and the US, sourced from traditional non-bank lenders as well as fintechs. It currently invests in senior and mezzanine debt in assets like short-term mortgages ...