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Showing 5761 - 5770 of 17959 results for "Bank"

Former StatePlus MD joins Australian Ethical

EMMA RAPAPORT  |  FRIDAY, 22 SEP 2017
... Australia and internationally. Monaghan has held roles at Intech Investment Consultants, Deloitte Touche Tohmatsu, Deutsche Bank, IBM and Lend Lease Corporation. He is currently deputy chair of HammondCare, and a non-executive director of Alpha Vista ...

Former UBS exec joins Celeste

ALEX BURKE  |  FRIDAY, 22 SEP 2017
... specialised in emerging companies at UBS since joining in 2006. Prior to that, he was a senior equity analyst at the Royal Bank of Scotland, a technology analyst at Principal Global Investors and an equity analyst at BT Funds Management. In his new role ...

Hastings names new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2017
A former chief financial officer of Westpac's institutional bank will be the next chief executive of Hastings Funds Management. Hastings chairman Brian Scullin has confirmed that current chief executive Andrew Day will leave the business at the end ...

The BOJ's educated hope

BENJAMIN ONG  |  FRIDAY, 22 SEP 2017
They were just hours apart but the US Federal Reserve and the Bank of Japan's monetary policy decisions were as wide as their geographic locations, perhaps wider. While both central banks kept existing policies unchanged at their September meetings ...

Fed does the thinkable

BENJAMIN ONG  |  THURSDAY, 21 SEP 2017
... definition (yes, yes I know): "In economics, a Taylor rule is a monetary-policy rule that stipulates how much the central bank should change the nominal interest rate in response to changes in inflation, output, or other economic conditions." Based on ...

CBA mulls CFSGAM IPO, head of wealth departs

KARREN VERGARA  |  THURSDAY, 21 SEP 2017
Commonwealth Bank announced its asset management arm, Colonial First State Global Asset Management, is undergoing a strategic review and could potentially list as a public company. CFSGAM, with $219 billion in assets under management, has "achieved ...

AIA acquires CBA life insurance businesses

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2017
The Commonwealth Bank has sold 100% of its Australian and New Zealand life insurance businesses to AIA Group for $3.8 billion. The sale of CommInsure Life and Sovereign also includes a 20-year bancassurance partnership with AIA for the provision of ...

The trillion dollar pension fund

EMMA RAPAPORT  |  WEDNESDAY, 20 SEP 2017
... largest pension funds hit US$1 trillion. "I don't think anyone expected the fund to ever reach US$1 trillion dollars," Norges Bank Investment Management chief executive Yngve Slyngstad said. "Reaching US$1 trillion dollars is a milestone, and the growth ...

Peak iron ore?

BENJAMIN ONG  |  WEDNESDAY, 20 SEP 2017
Governor Philip Lowe's statement explaining the Reserve Bank of Australia's (RBA) monetary policy decision to keep interest rates unchanged at 1.5% at their 5 September Board meeting, revealed the Australian central bank's optimism over the international ...

CommInsure strengthens income protection offering

JAMIE WILLIAMSON  |  TUESDAY, 19 SEP 2017
... focus on their recovery without having to worry about how it will affect their claim." In its annual results the Commonwealth Bank flagged the sale of CommInsure, confirming that it was in discussions with third parties to determine the most suitable ...