Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 5361 - 5370 of 17959 results for "Bank"

Challenger chief becomes FSC deputy chair

ALEX BURKE  |  THURSDAY, 22 MAR 2018
Challenger chief executive Brian Benari has taken on a role on the board of the Financial Services Council. Benari will become the FSC's co-deputy chair, alongside BT Financial Group chief executive Brad Cooper. Benari said: "I'm pleased to take on ...

AMP appoints director for $130 billion business

KANIKA SOOD  |  THURSDAY, 22 MAR 2018
... superannuation, retirement and investments - a role that is responsible for AMP's $130 billion super and platform business. The bank has chosen Rod Finch, its current director of strategic marketing and customer experience, to fill the role. AMP ...

Chief economist update: Dot tales

BENJAMIN ONG  |  THURSDAY, 22 MAR 2018
... strengthened in recent months." This is highlighted by the Fed's revised economic projections: Fed Board members and Fed Reserve Bank presidents' median projection for real GDP growth was revised higher to 2.7% this year (from 2.5% predicted in December ...

New income trust plans to raise $350m

KANIKA SOOD  |  THURSDAY, 22 MAR 2018
... distributions paid monthly at a floating rate. "Australian investor portfolios are overweight cash having gravitated towards stable bank deposits that provide low returns as a result of the record low RBA cash rate. We are pleased to provide investors ...

Former Provident Capital MD still banned but allowed procedural fairness

DARREN SNYDER  |  THURSDAY, 22 MAR 2018
... first mortgage basis. Provident Capital also operated a mortgage fund under a wholesale facility with Bendigo and Adelaide Bank and two managed investment schemes. "On 29 June 2012, on an application by the Australian Executor Trustees Limited, the trustee ...

Top industry fund bets on DNA sequencing

KANIKA SOOD  |  WEDNESDAY, 21 MAR 2018
... only handheld DNA/RNA sequencing devices. Other major investors in the $140 million fundraising include China Construction Bank and Singapore's GIC. Hostplus' $27.5 million investment is part of a co-investment through the IP Group Hostplus Innovation ...

CGA acquires Switzer, appoints new chief executive

ALEX BURKE  |  WEDNESDAY, 21 MAR 2018
... was the chief investment officer at Equity Trustees and UBS Australia. He was also an investment strategist at Macquarie Bank, a senior portfolio manager at Challenger and Australian head of fixed income at HBSC Global Asset Management.

SMSFs continue to break with tradition

JAMIE WILLIAMSON  |  WEDNESDAY, 21 MAR 2018
... increasing their investments in stocks such as A2 Milk, Bubs Australia, Galaxy Resources and Artemis Resources, with Commonwealth Bank head of SMSF customers, Marcus Evans citing lower returns from the likes of the banks and Telstra as key to this investment ...

New trust lowers cost for retail access to corporate loan market

ALEX BURKE  |  WEDNESDAY, 21 MAR 2018
... to raise $303 million for its listed corporate loan trust, giving retail investors more liquid access to a traditionally bank-dominated market. MCP's Master Income Trust (ASX: MXT) successfully raised $516 million in its initial public offering late ...

YBR appoints new general manager

ALEX BURKE  |  WEDNESDAY, 21 MAR 2018
... previously been head of sales and marketing at AMP. Before that, he was national sales manager, third-party distribution at AMP Bank, national sales manager at GMAC-RFC and director - wholesale at Resimac. He was also chief executive of Security Credit ...