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Showing 581 - 590 of 2965 results for "America"

Good quarter but bad year for US instos

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
Northern Trust's survey of its American not-for-profit institutional clients found strong performance in the June quarter but year-to-date returns are still negative at pension funds and the like. Public funds -- which have about 50% in equities -- ...

Westpac announces appointment, departure

ALLY SELBY  |  TUESDAY, 28 JUL 2020
... at ANZ, Collary worked at Citibank as its executive vice president and chief information officer of its consumer North America business. He has also held roles with Fifth Third Bank and Bank of America. Westpac also announced group executive Gary Thursby ...

New class action regulations slammed

ALLY SELBY  |  FRIDAY, 24 JUL 2020
Class Actions Australia has slammed new regulations announced by Treasurer Josh Frydenberg defining class actions as "managed investment schemes" labelling them "bizarre", as the Senate holds its second public hearing into litigation funding and the ...

Chief economist update: US-China tensions escalate

BENJAMIN ONG  |  THURSDAY, 23 JUL 2020
Houston, we have a problem. The headlines say it all: "US-China tensions escalate after closure of Houston consulate" - The Guardian "China pledges to retaliate after U.S. orders closure of its consulate in Houston" - Washington Post "U.S. Orders China ...

AMP Capital revamps leadership team

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUL 2020
AMP Capital has announced a raft of changes to its leadership team, including several departures, as it looks to drive its next phase of growth. The fund manager has expanded its leadership team to ensure representation of both clients and investment ...

Morningstar creates new ESG role

ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
Morningstar has announced the appointment of Hortense Bioy as director of sustainability research for the Europe, the Middle East and Africa (EMEA) and Asia-Pacific (APAC) regions, effective immediately. Morningstar said the newly created role reflects ...

Billionaires targeted in Twitter bitcoin scam

ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
Billionaires such as Elon Musk, Jeff Bezos and Bill Gates were among the household names that had their Twitter accounts hacked to promote a bitcoin scam. The official Twitter accounts of many notable people, including former President Barrack Obama ...

Banks brace for major loan losses

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
Three of the United States' biggest banks have set aside approximately $40 billion (US$28 billion) to brace for COVID-19 related loan losses, as Wells Fargo posts its first quarterly loss since the Global Financial Crisis. Citigroup saw its net income ...

Chief economist update: Not easy easing restrictions

BENJAMIN ONG  |  TUESDAY, 14 JUL 2020
"As the economy reopens, incoming data are beginning to reflect a resumption of economic activity: Many businesses are opening their doors, hiring is picking up, and spending is increasing. Employment moved higher, and consumer spending rebounded strongly ...

Multi-boutique adds to US team

KANIKA SOOD  |  MONDAY, 13 JUL 2020
A local multi-boutique has appointed a managing director for Americas, in a newly-created role focussed on expanding its distribution in the region. Jeff Chapman - owned Bennelong Funds Management has appointed Daniel Allen as the managing director ...