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Showing 6101 - 6110 of 17959 results for "Bank"

NAB retains long-term asset servicing mandate

ALEX BURKE  |  THURSDAY, 13 APR 2017
NAB Asset Servicing will extend its 10-year partnership with a major Australian university for a further five years. The University of Sydney retained NAS as the custodian of its endowment funds as well as the recently-introduced Student Managed Fund ...

Deutsche Bank appoints Australian chief executive

JAMIE WILLIAMSON  |  THURSDAY, 13 APR 2017
A former Goldman Sachs partner was named as the new chief executive of Deutsche Bank's Australia and New Zealand business. Anthony Miller will succeed Michael Ormaechea who is set to retire in June after 22 years of service. Miller will relocate to ...

Former BTFG manager joins Synchron

KARREN VERGARA  |  WEDNESDAY, 12 APR 2017
Financial advice group Synchron appointed a former BT Financial Group manager to help expand its national footprint. Adelaide-based Sheridan Wright is the new South Australia and Northern Territory state manager and prior to her appointment was the ...

Japan to drive real assets globally

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2017
... market. Japan has been the second biggest market for asset ETF flow in listed real estate in 2016 behind the US, and given the Bank of Japan has increased its allocation to Japanese REITs from 5% to 10% during 2016, we don't expect this trend to change ...

NAB Wealth hire targets growth

EMMA RAPAPORT  |  WEDNESDAY, 12 APR 2017
A new appointment at NAB Wealth will further the bank's push to grow its adviser network. Former AMP dealer group executive Stephen Carton will join NAB Wealth as the new business growth manager of strategic alliances and growth for Queensland and the ...

Let me down gently

BENJAMIN ONG  |  TUESDAY, 11 APR 2017
The Reserve Bank of Australia (RBA) and the Australian Prudential Regulation Authority (APRA) must be breathing a sigh of relief at the latest housing finance figures indicating a slowdown in the country's property market. The bubbling Australian property ...

CBA spearheads push for quantum computing

ALEX BURKE  |  MONDAY, 10 APR 2017
CBA is rolling out a simulation of a theoretical quantum computer to demonstrate how it could revolutionise banking and other industries. Unlike a traditional computer, where data is encoded into a binary system of zeroes and ones (bits), a quantum ...

Media Super launches $30m revolving fund

KARREN VERGARA  |  MONDAY, 10 APR 2017
... He said he expects to earn a higher return on the R&D finance facility, with interest rates set at good margins above the bank bill rate. The fund is targeting companies with a turnover of less than $20 million per annum and qualifies for a 45% tax credit ...

Financial advice standards body revealed

JAMIE WILLIAMSON  |  MONDAY, 10 APR 2017
... of differing backgrounds to professionalise the advice sector, Walter also currently serves as a director of the Reserve Bank of Australia's Payments Systems Board and for the Australian Foundation Investment Company. Having been appointed to more than ...

Infratil sells $237m aged care stake to investment bank

ALEX BURKE  |  FRIDAY, 7 APR 2017
... facilities, netting $237.93 million via an off-market block trade. The stake in Metlifecare, sold to New Zealand-based investment bank Forsyth Barr for $5.61 per share, will settle on April 11. Until the sale, Infratil said the investment in Metlifecare ...