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Showing 5991 - 6000 of 17959 results for "Bank"

Qualitas launches fund, adds two directors

KARREN VERGARA  |  FRIDAY, 26 MAY 2017
... responsible for providing senior and mezzanine debt, and preferred equity. He spent more than 16 years at National Australia Bank as a corporate property director. Norwood joins as a real estate director and spent close to a decade at ANZ where he held ...

HESTA appoints new insurer

DARREN SNYDER  |  FRIDAY, 26 MAY 2017
... agreement with CommInsure expires. HESTA's member base of more than 820,000 means it is one of the largest non-Commonwealth Bank super funds currently holding a CommInsure mandate. The partnership has been in place since 2011. In 2016, CommInsure lost ...

First State Super appoints CFO

EMMA RAPAPORT  |  FRIDAY, 26 MAY 2017
... international financial institutions including senior positions at specialist infrastructure fund manager CP2, Standard Chartered Bank in Singapore, Macquarie Bank and CBA Wealth Management. The appointment follows First State Super's purchase of StatePlus ...

Super assets hit $2.3 trillion

KARREN VERGARA  |  THURSDAY, 25 MAY 2017
... five-year average was 8.6%. Industry Super Australia chief executive David Whiteley said a 10-year analysis of the data found bank-owned super funds, including AMP, reported "chronic underperformance." While Whiteley didn't provide hard figures, he said ...

"Shunned" investment strategy generating massive returns

KARREN VERGARA  |  THURSDAY, 25 MAY 2017
... lengthy processes it takes to gain one or they might not even need it because they can immediately obtain a loan with the bank, Dawson added. This is a great opportunity to take advantage of going against the "herd mentality", because not having a credit ...

AMP continues goals-based advice focus

DARREN SNYDER  |  THURSDAY, 25 MAY 2017
AMP chief executive Craig Meller has reaffirmed the company's application to goals-based advice as part of the wider strategy to operate a higher-growth, less capital-intensive wealth business. Speaking at an investor strategy day in Sydney, Meller ...

Advisers doubtful over super home deposit scheme

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2017
... Caputo said there'll be instances where first home buyers won't meet the minimum deposit requirement as well as fall short of bank lending ratios, indicating additional funds outside of the scheme are needed. Conversely, for younger people wanting to ...

Labor fights phoenix fraud

EMMA RAPAPORT  |  WEDNESDAY, 24 MAY 2017
... harsher penalties to deter and punish phoenix activity. "Currently it is easier to become a company director than open a bank account, yet the Government has barely raised a peep about phoenix activity," Labor Senator Katy Gallagher said. "The Coalition ...

Eurozone ascending

BENJAMIN ONG  |  WEDNESDAY, 24 MAY 2017
If Monsieur Benoit Coeure's - member of the executive board of the European Central Bank (ECB) - recent comments are any indication, don't expect any changes in ECB monetary policy settings anytime soon. Coure told his audience at a conference at the ...

Big four hammer bank levy

ALEX BURKE  |  TUESDAY, 23 MAY 2017
ANZ, CBA, NAB and Westpac have taken to the ASX to criticise the Government's new bank levy, with some saying it will hit customers hardest. Westpac chair Lindsay Maxsted said in an open letter that the new levy is "bad public policy that targets just ...