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Showing 601 - 610 of 3546 results for "ANZ"

Morgan Stanley raises capital for 86 400

ELIZABETH MCARTHUR  |  FRIDAY, 10 MAY 2019
... encouraging to see that happen. I think it's good for the industry, it's good for competition." Bell spent 15 years at ANZ working across Australia and worked overseas as country chief executive for Fiji and Japan. Prior to taking on the role ...

Chief economist update: RBA refused to blink in May

BENJAMIN ONG  |  WEDNESDAY, 8 MAY 2019
... trimmed mean at 1.3% versus 1.2%. But if the RBA is hitching its stars on the strength of the labour market, the lead from the ANZ job advertisement series suggests that weakness lies ahead. Job ads have been contracting (in year-on-year terms) since ...

ANZ serious on cost cuts

ELIZABETH MCARTHUR  |  MONDAY, 6 MAY 2019
ANZ's chief executive said his plans for a streamlined bank should save the company roughly $1 billion by 2022. ANZ chief executive Shayne Elliot said: "We will continue to simplify and strengthen the bank, including exiting, shrinking and closing non-core ...

Industry funds dominate AAA quality list

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
... are: Hostplus, LUCRF Super, Prime Super, REI Super, TWUSUPER, Commonwealth Superannuation Corporation, MLC Super Fund and ANZ Australian Staff Superannuation Scheme. Some 144 not-for-profit funds dominated the list; the remaining were retail-based products. ...

Chief economist update: RBA May cut, May not

BENJAMIN ONG  |  FRIDAY, 3 MAY 2019
... cent in the December quarter to be 2.3 per cent higher over 2018." Employment growth remains strong... but the lead from the ANZ job ads series indicates weakness going forward. "The adjustment in established housing markets is continuing, after the ...

ANZ boosts remediation team

HARRISON WORLEY  |  WEDNESDAY, 1 MAY 2019
ANZ increased the size of its remediation team by 50% in an effort to cut through its refund program. Announcing its first half results, the bank said the move was part of its broader attempt to build trust and lead the industry "with purpose" following ...

Rush of advisers sign up before FASEA deadline

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
... while institutionally-aligned advisers grew just 6%. Despite the overall jump in advisers registering, Commonwealth Bank, ANZ, NAB, Westpac, IOOF and AMP recorded a reduction in numbers of 2% over the last year. NAB and IOOF are the only two big firms ...

APRA grants ADI licence to Judo Bank

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... new institution awaiting a full ADI licence is 86 400. Robert Bell, chief executive of 86 400 and former chief executive of ANZ Japan, welcome Judo Bank's news. He said: "Congratulations to the team at Judo for passing such a significant milestone. More ...

Insurance expert joins $33bn super fund

KARREN VERGARA  |  TUESDAY, 23 APR 2019
... Equipsuper ($5.4bn) and QSuper ($3.8bn). This was at the expense of retail funds: MLC Super (-$1.5bn), BTFG (-$1.46bn) and ANZ Wealth (-$1.1bn), which recorded the largest outflows.

ANZ dismisses alleged job cuts

KARREN VERGARA  |  THURSDAY, 18 APR 2019
ANZ has denied reports it will cut 8000 jobs over the next three years. This was in response to an article from The Australian stating it obtained board discussions of executives that "canvassed reducing the bank's workforce by almost 20,000 to ...