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Showing 5901 - 5910 of 17959 results for "Bank"

Is the Fed the victim of its own success?

BENJAMIN ONG  |  MONDAY, 17 JUL 2017
... means that central banks must target future inflation by anticipating future deviations from target." These were the words of Bank of Canada (BOC) governor Stephen Poloz that helped justify the Canadian central bank's decision to lift interest rates ...

BlackRock hires new executives

KARREN VERGARA  |  THURSDAY, 13 JUL 2017
BlackRock is expanding its digital and distribution strategies with two executive appointments. Katie Petering is the new head of asset manager sales for BlackRock's exchange-traded funds business iShares. She will report to head of iShares Australia ...

IRESS and MainstreamBPO in super admin deal

KARREN VERGARA  |  THURSDAY, 13 JUL 2017
... This capability positions MainstreamBPO well to meet the current and future superannuation needs of these customer-owned bank clients." MainstreamBPO administers to 631 funds with about $114 billion in funds under management.

Bravura inks deal with $4.7bn insurer

ALEX BURKE  |  THURSDAY, 13 JUL 2017
Bravura Solutions' global expansion plans have been given an upgrade with a mandate from one of the UK's largest mutual life insurers. The Scottish Friendly Assurance Society (Scottish Friendly), established in 1862 and with about $4.7 billion in assets ...

Dovish Fed, hawkish BOC

BENJAMIN ONG  |  THURSDAY, 13 JUL 2017
... would not have to rise all that much further to get to a neutral policy stance." It was different across the border. The Bank of Canada's (BOC) decision to lift its benchmark rate by 25 bps to 0.75% overnight came as no surprise to financial markets. ...

Real Asset Management embraces SMAs

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2017
... preference securities and capital notes," Frearson added. "Given the increase in complexity of the structure of ASX-listed bank capital instruments and evolving nature of the listed universe, we believe it makes sense for investors to outsource to proven ...

Industry fund expands executive team

EMMA RAPAPORT  |  WEDNESDAY, 12 JUL 2017
An industry super fund is focusing on growth and member experience with the appointment of two new executives to its senior leadership team. Former general manager of RACV Insurance, Paul Northey, will join CareSuper as executive manager - relationships ...

Xero seeks global growth, director steps down

EMMA RAPAPORT  |  WEDNESDAY, 12 JUL 2017
New Zealand-based accounting software company Xero has reaffirmed its commitment to machine learning and artificial intelligence to reduce compliance costs and arm accountants and financial advisers "with the tools required to support the world's small ...

PIMCO de-risks ahead of expected recession

ALEX BURKE  |  TUESDAY, 11 JUL 2017
In a media briefing, PIMCO global economic adviser Joachim Fels said the firm is gradually de-risking portfolios given the elevated risk of recession in the next three-to-five years. Fels explained that PIMCO is currently in risk reduction mode, adding ...

Banks come out on top for climate change disclosure

EMMA RAPAPORT  |  TUESDAY, 11 JUL 2017
Australian banks are one of the best performing sectors for climate-related disclosure and sustainability reporting according to the Australian Council of Superannuation Investors. In its 10th annual corporate sustainability report, which assesses the ...