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Showing 51 - 60 of 608 results for "Big Four"

Looking beyond high-dividend stocks

ANNABELLE DICKSON  |  WEDNESDAY, 21 JUL 2021
... there is a chance they might make it in 2022." However, Cappetta cautioned over the lack of product innovation from the big four banks and is looking for the ways in which they will spend the proceeds from their exit from the wealth industry. "In ways ...

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
... NAB agreed with the RBA's assurance. Given the stronger than expected recovery in the Australian economy, the 'Big Four minus one' have very good reasons for their earlier than promised tightening. The Australian Bureau of Statistics' ...

LGIAsuper picks custodian for merged fund

KANIKA SOOD  |  TUESDAY, 4 MAY 2021
... will be invaluable as we transition the business." NAB Asset Servicing is the only remaining custodian aligned with a big four bank. It was the largest custodian for Australian investors' assets until June 2016. It has since slid to the fourth spot ...

Ethereum overtakes big four banks

ANNABELLE DICKSON  |  TUESDAY, 4 MAY 2021
The second-largest cryptocurrency has reached new heights, with its market capitalisation surpassing that of the big four banks combined. Ethereum has a US$353 billion market cap, overtaking NAB, Westpac, ANZ and Commonwealth Bank. At the time of publishing ...

BetaShares launches hybrids ETF

KANIKA SOOD  |  TUESDAY, 27 APR 2021
BetaShares has launched a new ETF that invests in ASX-listed preference shares issued by the big four Australian banks. The BetaShares Major Bank Hybrids Index ETF (ASX: BHYB) will invest in ASX-listed, AUD denominated preference share issues with a ...

Public sector super satisfaction rises

ANNABELLE DICKSON  |  WEDNESDAY, 24 FEB 2021
... followed by OnePath, Mercer, MLC and Colonial First State. Satisfaction was lower for members of retail funds run by the big four banks, coming in at 61.4%. Levine said the impact of the fall in stock valuations as a result of COVID-19 along with the ...

BOQ acquires ME Bank

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
... billion and total deposits of $56 billion. BOQ said the acquisition creates a compelling alternative to Australia's big four banks. "Today's announcement is another major step in our strategy to be the leading customer-centric alternative to ...

Financial sector has deep pockets for philanthropy: Report

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
... fund. As for the devasting bushfires that wreaked havoc in 2019-20, some 113 companies gave $145 million in total. The big four banks made a combined $19 million donation for bushfire appeals. News Corp and Seven Group donated $5 million each. The report ...

NAB swallows up neobank

ELIZA BAVIN  |  FRIDAY, 29 JAN 2021
... customers to collect. It remains to be seen whether neobanks will become the game changers they were expected to; the big four still control around 75% of the financial services market. It seems NAB had been planning its move on 86 400 for some time ...

WealthO2 names chair, director

ANNABELLE DICKSON  |  TUESDAY, 12 JAN 2021
... as today. It is technology innovation that can lead change in an industry," Pettiona said. "With the decoupling of the big four banks from wealth the time is perfect for technological innovation to flourish." WealthO2 chief executive and co-founder Shannon ...