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Showing 6621 - 6630 of 17960 results for "Bank"

Hunter Hall delivers profit boost

ALEX BURKE  |  FRIDAY, 12 AUG 2016
Hunter Hall delivered an 86.8% boost in statutory after-tax profit to $7.8 million in the year to 30 June 2016. This was driven by major gains in investment income and performance fees - even if funds under management only increased slightly by 1.9% ...

BlackRock publishes staff gender split

MARK SMITH  |  FRIDAY, 12 AUG 2016
BlackRock, the world's largest asset manager, has become the latest to join a handful of firms publishing the gender split of their staff as well as what proportion of women hold senior management roles. The move comes amid growing concerns about the ...

PROFILE: Qantas Super chief executive Michael Clancy

DARREN SNYDER  |  FRIDAY, 12 AUG 2016
... he also moved to the UK for 18 months and helped run a small investment business running out of the NAB-owned Clydesdale Bank. From there Clancy was promoted to general manager of MLC Asset Management, an appointment not previously foreseen as his career ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 12 AUG 2016
... expected inflation. RBNZ cuts interest rates Low inflation and currency strength were also the main reasons cited by the Reserve Bank of New Zealand (RBNZ) for its decision to cut interest rates a second time this year. The RBNZ lowered the official ...

Magellan full year profits up 14%

MARK SMITH  |  THURSDAY, 11 AUG 2016
... support from our new arrangements with BT/Westpac and AMP, in addition to our long standing relationship with Commonwealth Bank, and the support we have seen for the ASX quoted versions of our Global Equities strategy," Magellan chief executive and chief ...

NAB appoints custody sales GM

ALEX BURKE  |  THURSDAY, 11 AUG 2016
... the changing needs of our customers and assist them to meet their strategic objectives. "He will also work closely with the bank's corporate and institutional specialists to ensure that we bring all of NAB's capabilities to support this important customer ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 11 AUG 2016
... optimists outnumbered pessimists this month. Not surprisingly, the increase in consumer confidence was in response to the Reserve Bank of Australia's (RBA) 25 bps cut in interest rates on the 2nd of August - the survey was conducted in the first four ...

K2 hurt by Brexit call

DARREN SNYDER  |  WEDNESDAY, 10 AUG 2016
... basis points of exposure. In addition, we entered the UK referendum with 25% exposure to global financials. One of our UK bank holdings, Lloyds, fell 25% in the five days following the vote," Neal said. He added the Brexit outcome also had collateral ...

CBA posts record profit despite dip from wealth division

MARK SMITH  |  WEDNESDAY, 10 AUG 2016
A 6% dip in the cash profit of Commonwealth Bank's wealth management division did not hold the bank back from recording a record after tax cash profit of $9.45 billion for the 12 months to 30 June, up 3% on last year. Wealth Management cash net profit ...

BetaShares grows suite with two new sector ETFs

MARK SMITH  |  WEDNESDAY, 10 AUG 2016
BetaShares has launched two new exchange traded funds to give investors low-cost diversified exposure to global healthcare and agriculture stocks. The new funds are BetaShares Global Healthcare ETF - Currency Hedged (ASX: DRUG) and the BetaShares Global ...