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Showing 6831 - 6840 of 17960 results for "Bank"

Further monetary stimulus risks woeful asset returns

MARK SMITH  |  FRIDAY, 6 MAY 2016
Central banks are running out of road. If governments ask them to continue down the path of previously unthinkable monetary policy without implementing fiscal policies of their own, there are likely to be severe unintended consequences for the global ...

SILC Group appoints new exec director

KERRIE SYDEE  |  FRIDAY, 6 MAY 2016
The SILC Group has announced the appointment of a new executive director and head of portfolio solutions. In his new role, Frank Russo will be responsible for providing a range of portfolio construction, funds management and investment advisory services ...

CBA announces new Board of Advice Companies director

KERRIE SYDEE  |  FRIDAY, 6 MAY 2016
The Commonwealth Bank has announced a new non-executive director to the Board of Advice Companies - Commonwealth Financial Planning, BW Financial Advice, Financial Wisdom and Count Financial. Robert Bransby, who commenced the role in April, has more ...

NAB posts $1.7bn net loss from Clydesdale IPO

ALEX BURKE  |  THURSDAY, 5 MAY 2016
... "discontinued operations losses," referring to the loss on demerge and IPO of CYBG (the new holding company for Clydesdale Bank) and an additional $801 million charge associated with this process. Overall revenue from ordinary activities was also down ...

Panel to review financial services complaints system

DARREN SNYDER  |  THURSDAY, 5 MAY 2016
The federal government has announced its independent panel to review the financial services' external dispute resolution and complaints framework. The review will focus on the role, powers, governance, accountability and effectiveness of bodies active ...

IFM appoints new debt investment head

DARREN SNYDER  |  THURSDAY, 5 MAY 2016
... projects. Before joining IFM Investors in 2013, Randall spent 10 years at RBS, where he managed and was responsible for the bank's $3 billion portfolio of infrastructure investments. Prior to that he held vice-president positions at Calyon and Trust ...

ANZ retains FUM during major wealth restructure

ALEX BURKE  |  TUESDAY, 3 MAY 2016
... it has kept ANZ Wealth funds under management stable amidst a major multi-divisional restructure that has so far cost the bank $138 million. On average, funds under management throughout the first half of FY2016 was roughly $66 billion, the same as the ...

NAB partnership puts adviser education at forefront

KERRIE SYDEE  |  TUESDAY, 3 MAY 2016
National Australia Bank (NAB) has ramped up its commitment to increasing professional standards in financial planning through a partnership with the Deakin University Business School, DeakinPrime and DeakinDigital. The partnership will offer advisers ...

MyState appoints former Virgin Money chief executive

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
Banking and wealth management group MyState has appointed to its board a former Virgin Money chief executive and Bank of Queensland group executive. Joining MyState as a non-executive director is Brian Bissaker, with the appointment effective as of ...

Higher recession risk creates opportunity in large miners: Lazard

MARK SMITH  |  TUESDAY, 3 MAY 2016
As the valuations of residential property and bank stocks have risen, so too has the risk that they will face a snap-back that could trigger a recession in the Australian economy, according to Lazard Asset Management. "House prices in Australia are ...