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Showing 651 - 660 of 7281 results for "Record"

NAB profits, earnings slide

MATTHEW WAI  |  THURSDAY, 7 NOV 2024
National Australia Bank (NAB) reported lower net profit and cash earnings in FY24, down 6.1% and 8.1% respectively, but recorded its highest dividend payouts of the past five years. Shareholders received a final dividend of $0.85, which takes the full ...

US election: Global investors fear inflation boom

ELIZA BAVIN  |  THURSDAY, 7 NOV 2024
... attractiveness of US bonds as a "safe haven" investment but said gold could benefit. "Such fears had driven the gold price to record highs (before last night's reversal), even as bond yields rose. I think that dynamic remains in play over the medium ...

Australian Unity offloads banking business

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
... on banking customers and the broader mutual banking industry. "As Australia's oldest wellbeing company, we have a track record of pursuing opportunities that ultimately improve the wellbeing of our members and customers," Mead said. "This transfer will ...

Liberal MP calls for SoA replacement

KARREN VERGARA  |  TUESDAY, 5 NOV 2024
Liberal MP Bert van Manen is calling for the Record of Advice (RoA) to replace the Statement of Advice (SoA) and has introduced the proposed changes in a bill to parliament. Federal member for Forde, Bert van Manen, yesterday introduced the Corporations ...

JP Morgan subsidiaries fined $230m by regulator

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
The fine relates to several failures by J.P. Morgan Securities and J.P. Morgan Investment Management, including recommending more expensive mutual funds when almost identical ETFs were available much cheaper. J.P. Morgan Securities (JPMS) and J.P. Morgan ...

Cbus names chief strategy officer

ELIZABETH FRY  |  FRIDAY, 1 NOV 2024
... since July 2024. In welcoming his appointment, Cbus chief executive Kristian Fok noted Dean's experience and strong record of advocating for the interests of working people's retirement savings. "We look forward to Cbus benefitting from his strategic ...

Super complaints rise in FY24: AFCA

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
AFCA's Annual Review revealed the ombudsman service received a record 104,861 complaints from consumers and small businesses in 2023-24, up 8% on the year before. Of those, AFCA received 7325 superannuation complaints, a 5% increase from the previous ...

Barings brings first Australian private credit fund to life

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
... been a decrease in M&A activity," he said. "As one of the most active lenders in the region with over 13 years of track record and a diversified portfolio, we are well-positioned to capitalize on the compelling opportunity." Barings has also completed ...

Australian Ethical awards front office mandate

ANDREW MCKEAN  |  WEDNESDAY, 23 OCT 2024
... for portfolio and risk management, trading, compliance, performance measurement and attribution, its investment book of record, and transaction management. It will also leverage the State Street Alpha Data Platform and Services to manage investment data. ...

CBRE bolsters leadership team

MATTHEW WAI  |  WEDNESDAY, 23 OCT 2024
... relationships regionally," Dowd added. Wallace said he is over the moon to be joining an organisation with a "demonstrated track record" in the sector. "I'm delighted to be joining the CBRE Investment Management team and look forward to working with ...