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Showing 5491 - 5500 of 17959 results for "Bank"

Chief economist update: Red light on greenback

BENJAMIN ONG  |  THURSDAY, 25 JAN 2018
... across the globe. Their low inflation would become lower even more. Instead of speculating over exit strategies and taper, the Bank of Japan and the European Central Bank may find themselves expanding their stimulus measures in order to cheapen their ...

Paradice appoints portfolio manager from Northcape

ALEX BURKE  |  WEDNESDAY, 24 JAN 2018
Paradice Investment Management is welcoming a new portfolio manager to its mid-cap team. James McBeath joins Paradice from Northcape Capital, where he was an analyst for three years and then a portfolio manager for mid and small-caps. Before that, he ...

Product agnostic planners boost ETFs

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JAN 2018
Australia's ETF market could have fee-for-service financial planners to thank for its ongoing growth. Total funds under management for ASX-listed ETFs increased 44.2% in the 12 months to November 2017 to hit a record $35.5 billion. Researcher Cerulli ...

CBA advice compensation bill balloons

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2018
CBA is set to compensate a further $1.9 million to customers affected by five former "high-risk" financial advisers, according to ASIC. CBA will review the five former representatives' advice, licenced under subsidiaries Commonwealth Financial Planning ...

Chief economist update: No stealth tapering, no exit strategy...yet

BENJAMIN ONG  |  WEDNESDAY, 24 JAN 2018
... long as it's necessary to "achieve the price stability target of 2 percent" and "stays above target in a stable manner". The Bank of Japan (BOJ) couldn't be clearer on its forward guidance following the conclusion of its first Board meeting for 2018 ...

MetLife awards $11bn custody mandate

KARREN VERGARA  |  TUESDAY, 23 JAN 2018
MetLife Australia is included among a $10.9 billion custody mandate awarded by its global parent across three key Asia Pacific markets. The US-based life insurer awarded the US$8.7 billion ($10.9 billion) custody mandate to HSBC Securities Services. ...

FIIG Securities head of intermediaries departs

ALEX BURKE  |  TUESDAY, 23 JAN 2018
The head of intermediaries at FIIG Securities has left the company after 10 years. Simon Michell joined FIIG in 2007 as a senior dealer. After that, he took on the role of associate director, followed by director - fixed income sales and national manager ...

SG Hiscock wins small cap mandate

ALEX BURKE  |  TUESDAY, 23 JAN 2018
... obligations. It has returned 6.5% per annum over the five years to 31 December 2017 and is benchmarked to the Bloomberg AusBond Bank Bill Index, which returned 4% over the same period. Brodie explained the choice to invest in the Global Income Fund ...

Clime IM appoints private wealth head from Suncorp

ALEX BURKE  |  TUESDAY, 23 JAN 2018
... planning manager at q4 Financial. She has also held roles at QSuper, CBA, QInvest, Colonial First State and Bendigo and Adelaide Bank. Clime managing director John Abernethy said Greensill "has a broad skillset across the financial services industry ...

Global trading platform opens Sydney office

KARREN VERGARA  |  TUESDAY, 23 JAN 2018
... trading in Australia, Japan and Hong Kong and China. Before his three-year tenure at Northern Trust, he was a director at Bank of America Merrill Lynch and head of Australian sales at Deutsche Bank. Hetherington is responsible for trade execution within ...