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Showing 5571 - 5580 of 17959 results for "Bank"

French giant intensifies action on global warming

JAMIE WILLIAMSON  |  TUESDAY, 12 DEC 2017
... transforming the economy. The solutions exist, at a reasonable cost, and require only scale," he said. "Our responsibility as a bank and as the meeting point for actors in the economy is to enable individuals to channel their savings towards financing ...

Nikko AM enters Australian LBO market

JAMIE WILLIAMSON  |  TUESDAY, 12 DEC 2017
... behalf of a cornerstone Japanese institutional investor, the Nikko AM Australian LBO Loan Fund will invest in syndicated bank loans supporting leveraged buyouts of Australian businesses, employing the firm's existing private debt capabilities within ...

ANZ sells life insurance business for $2.85 billion

ALEX BURKE  |  TUESDAY, 12 DEC 2017
... business for $2.85 billion in a move that will make the purchaser Australia's largest retail life insurer. Completing what the bank described as a "simplification" of its wealth division, ANZ sold the business to Zurich. The sale comprises two transactions ...

Good news or bad news?

BENJAMIN ONG  |  TUESDAY, 12 DEC 2017
... continued strong growth momentum in the Chinese economy. Bad because they imply that the central government and the People's Bank of China (PBOC) might be going back on its word (or worse, losing the war) to clamp down on excessive leverage and risky ...

Magellan research head departs following restructure

ALEX BURKE  |  MONDAY, 11 DEC 2017
... and served as a member of the franchise team. Before Magellan, Thomas was an equities analyst at BT Securities and Deutsche Bank. Her departure follows the news that the IPO for Magellan's new listed investment trust raised $1.55 billion - representing ...

APRA announces new executive general manager

EMMA RAPAPORT  |  MONDAY, 11 DEC 2017
... appointment of a new executive general manager, strategy/chief risk officer. Therese McCarthy-Hockey, formerly of Deutsche Bank London, will be responsible for the supervision framework and enterprise strategy and risk functions, covering both the design ...

Super and insurance inquiry necessary: Poll

KARREN VERGARA  |  MONDAY, 11 DEC 2017
... She added superannuation belongs to the members who work hard to earn it - not the government; not the industry; not the bank executives; not the shareholders; not the employers; and not the trade unions. Robeco head of investment grade credit Viktor ...

America is full

BENJAMIN ONG  |  MONDAY, 11 DEC 2017
... inflation. Oxford Economics estimate the US NAIRU at 4.3%, the OECD has it at 4.9% and closer the home, the Federal Reserve Bank of St. Louis places both the short- and long-term natural rate of unemployment at 4.74% in the fourth quarter of this year. ...

Retail MySuper outpacing NFP products

KARREN VERGARA  |  FRIDAY, 8 DEC 2017
... assets grew 24% year-on-year to $610 billion, while NFP assets increased by 16%. About 63% of retail assets are held within bank-owned funds, but only 29% of these are offered through the banks, the report said. The research noted the MySuper funds of ...

Westpac GM departs to Citi

EMMA RAPAPORT  |  FRIDAY, 8 DEC 2017
Westpac's general manager of business integration has left the bank to become the regional head of technology for Citi. With 25 years of technology experience across the financial services industry behind her, Jayne Opperman will set the vision and ...