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Showing 5211 - 5220 of 17956 results for "Bank"

Chief economist update: BOE fails market expectations

BENJAMIN ONG  |  FRIDAY, 11 MAY 2018
... likely to be kept. What's surprising is the market's reaction to a promise, a guidance, that didn't materialise. It's the Bank of England (BOE), I speak of. A few months before last night, the British central bank signalled that another small increase ...

Contango LIC slashes cash allocation after acquisition

KANIKA SOOD  |  THURSDAY, 10 MAY 2018
... strategy will not change, with the extra cash going to similar investments. The fund's top 10 holdings include ASX (4.7%), Bank of Queensland (BOQ), Bendigo and Adelaide Bank (4.3%), Tabcorp Holdings (4.2%) and Caltex Australia (2.5).

ANZ appoints two senior executives

KANIKA SOOD  |  THURSDAY, 10 MAY 2018
ANZ has chosen the top executive from its wealth division to serve as the bank's deputy chief executive. It is one of two senior appointments announced yesterday. Both positions became open after ANZ's deputy chief executive Graham Hodges announced ...

Chief economist update: When good oil goes bad

BENJAMIN ONG  |  THURSDAY, 10 MAY 2018
Let me take you down (no, I'm not going to Strawberry Fields) back to early 2016, when the US and the European Union decided to lift financial and oil sanctions on Iran. Almost immediately Tehran announced it's bringing back production to 3 million ...

Kapstream appoints analyst, promotes internally

DARREN SNYDER  |  WEDNESDAY, 9 MAY 2018
... recently a former senior credit analyst at Scotiabank and before that was a convertible bond analyst at Standard Chartered Bank. Kapstream managing director and portfolio manager Raymond Lee said Chrystal stood out "given the breadth of experience she ...

CBA cops $25 million for BBSW rigging

KANIKA SOOD  |  WEDNESDAY, 9 MAY 2018
Commonwealth Bank will fork out $25 million to settle its bank bill swap rate rigging scandal, adding to the bank's pile of settlement payouts. CBA will acknowledge it "attempted to engage in unconscionable conduct in breach of the ASIC Act" while trading ...

Volatility divides investors: Survey

KARREN VERGARA  |  WEDNESDAY, 9 MAY 2018
As volatility and interest rate movements remain top concerns for investors, many are divided on the impact these risks will have on portfolio returns, the latest Natixis Investment Managers survey shows. About eight-in-ten (78%) of the 200 fund researchers ...

Morrison sharpens blockchain, AI agenda

KARREN VERGARA  |  WEDNESDAY, 9 MAY 2018
Australia's open banking, blockchain and emerging fintech sector received a funding boost in last night's Budget, a move the Treasurer said will increase competition and create new jobs. Treasurer Scott Morrison said the funding boost will build on ...

Budget big picture: Surplus on radar

ALEX DUNNIN  |  TUESDAY, 8 MAY 2018
... billion; when the Rudd government was elected in 2007 Australia didn't have a net government debt but had $24 billion in the bank. This illustrates how the 11-year run of deficits between 2008 to 2019 will have cost Australia $383 billion by the time ...

Labor responds to 'unfair' Budget

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
The Labor Party said pensioners and working Australians will be most disadvantaged by this year's Budget proposals. Opposition Leader Bill Shorten said the Liberal Government's budget is "unfair" and favours big business. In a series of Tweets, Shorten ...