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Showing 6181 - 6190 of 17959 results for "Bank"

Emerging markets investment grows with new fund

JAMIE WILLIAMSON  |  WEDNESDAY, 8 MAR 2017
... limited reference to its benchmark, the MSCI Emerging Markets Index, with key holdings including Woolies in South Africa, Bank Zachodni in Poland, and Peru's Credicorp. "The portfolio is typically comprised of 20 to 40 securities, with consideration ...

New social bond advocates gender equality

JAMIE WILLIAMSON  |  WEDNESDAY, 8 MAR 2017
National Australia Bank is issuing a social bond that will enable institutional investors to directly invest in Australian organisations actively championing women and equality in the workplace. The NAB Social Bond (Gender Equality) is a fixed income ...

Steady as she grows

BENJAMIN ONG  |  WEDNESDAY, 8 MAR 2017
As expected, the Reserve Bank of Australia (RBA) kept the official cash rate unchanged at 1.5% -- where it had been since August last year -- while at the same time offering a positive outlook on the global and domestic economy. Not only has the RBA ...

BTIM strengthens risk and operations divisions

JAMIE WILLIAMSON  |  WEDNESDAY, 8 MAR 2017
... structuring private equity transactions and acquisitions. Coles was most recently chief risk and compliance officer for State Bank of India, prior to which he was head of risk management for Australia and New Zealand and corporate operational risk officer ...

Global advice group becomes investment bank

ALEX BURKE  |  TUESDAY, 7 MAR 2017
... investment banking licence and will commence operations in that capacity "in a matter of weeks." DeVere Group's investment bank will be licensed and regulated by the Financial Services Commission of Mauritius; and it follows the company establishing ...

We have made mistakes: CBA

KARREN VERGARA  |  TUESDAY, 7 MAR 2017
Commonwealth Bank of Australia's chief executive Ian Narev told a parliamentary inquiry this morning the bank made mistakes and still has a lot of work to do. On day two of the major banks review, Narev fronted the House of Representative's Standing ...

Qantas Super names member experience head

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2017
... communications for AMP Capital, and has also previously held positions with Stockland, Cuscal Limited, and the Commonwealth Bank. Qantas Super chief executive Michael Clancy said his appointment reinforces the fund's commitment to enhancing products ...

First of three (or more) coming next week

BENJAMIN ONG  |  TUESDAY, 7 MAR 2017
... there very soon. The Fed risks instilling doubt over the US economic outlook if it doesn't raise rates next week. The Reserve Bank of Australia (RBA), which holds its policy meeting today, is not expected to alter current interest rates settings.

CBA Group Super CIO retires

DARREN SNYDER  |  MONDAY, 6 MAR 2017
The chief investment officer at Commonwealth Bank Group Super is retiring after more than 20 years' service at the corporate superannuation fund. Following 38 years' service with CBA, Gerard Parlevliet will retire from the banking group before the end ...

NAB chief promises greater accountability

KARREN VERGARA  |  MONDAY, 6 MAR 2017
National Australia Bank chief executive Andrew Thorburn pledged greater accountability and consequences for those who breach codes of conduct at the second round of the banking inquiry in Canberra on Friday. Thorburn and chief operating officer Anthony ...