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Showing 6151 - 6160 of 20553 results for "BEN"

Chief economist update: Shopaholics drive US growth

BENJAMIN ONG  |  MONDAY, 29 OCT 2018
Spend, spend, spend appears to be this year's overriding mantra of the US consumer. The slow start in the first quarter of 2018 had been replaced by back-to-back quarters of exceptionally strong contributions to overall growth from American household ...

Social media reacts to SIBOS

HARRISON WORLEY  |  FRIDAY, 26 OCT 2018
Attendees of the world's largest banking conference took to social media to share their SIBOS experience. Swift at sibos today: "The benefits of DLT are promising, but delivering it is still years away." There are over 100 financial institutions with ...

Blockchain can power internal systems: Digital Asset

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
While the focus of the blockchain industry debate is its usage cross platforms, the real potential can actually be in managing internal systems, said the chief executive of the company behind ASX's new blockchain system. Speaking at a SIBOS session ...

Cybersecurity fit for a $16bn insurer

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
The SIBOS audience got a glimpse into how an ASX-listed insurer set up its safety net against cybersecurity threats in partnership with Ernst and Young, and the side benefits that came with it. IAG underwrites $11.4 billion of premiums every year across ...

Chief economist update: Super Mario keeps his cool

BENJAMIN ONG  |  FRIDAY, 26 OCT 2018
The European Central Bank's (ECB) October 25 Governing Council meeting concluded with a decision that markets widely expected. The ECB left interest rates unchanged - the benchmark refinancing rate at 0%, the marginal lending facility rate at 0.25% ...

Challenger appoints new chief executive

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
Challenger's top job is seeing a change of guard as its chief executive of six years Brian Benari steps down to retire. Replacing Benari is Challenger's head of distribution, product and marketing Richard Howes. Benari will step down from the ...

Chief economist update: Fear and loathing on Wall Street

BENJAMIN ONG  |  THURSDAY, 25 OCT 2018
Persistent sell orders have put Wall Street's major benchmark indices either in a correction (defined as a 10% drop from the nearest peak) or on the cusp of one: Nasdaq (-11.5%) and Russell 2000 (-15.6%); S&P 500 (-9.4%) and DJIA (-8.4%). The sell-off ...

AMP divests life business

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
AMP will exit life insurance in 2019, following a $3.3 billion sale of its wealth protection business. It will also divest its New Zealand wealth management and advice businesses via an IPO. The completion of an AMP portfolio review led to the divestments. ...

Bennelong boutique hires analyst

KANIKA SOOD  |  WEDNESDAY, 24 OCT 2018
A boutique manager under Bennelong's banner has hired an investment analyst from Lendlease for a newly-created role. Quay Global Investors has appointed Gavin Truong as its investment analyst to support its real estate securities investing. In his most ...

Two new ETFs on the block

KANIKA SOOD  |  WEDNESDAY, 24 OCT 2018
VanEck and BetaShares have announced new ETFs, as product launches in the segment heat up. A new smart beta ETF from VanEck will invest in China A-shares, after the manager gained a licence to invest in the asset class independent of the China Stock ...