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Showing 7011 - 7020 of 17960 results for "Bank"

BOJ goes negative to get postive

BENJAMIN ONG  |  MONDAY, 1 FEB 2016
A week and a day after equity markets welcomed Super Mario Draghi's announcement that the European Central Bank (ECB) would "review and possibly reconsider our monetary policy stance at our next meeting in early March in order to secure a return of ...

Investors can expect "reasonable" year despite gloom

MARK SMITH  |  FRIDAY, 29 JAN 2016
... Asset Management chief investment officer Bill Bovingdon, who gave their views in an online webinar this morning. The Reserve Bank is most likely to keep rates on hold in 2016 but investors shouldn't rule out a cut as it remains watchful of the domestic ...

CBA risk officer retires

DARREN SNYDER  |  FRIDAY, 29 JAN 2016
Commonwealth Bank group chief risk officer Alden Toevs will be retiring from his role at the end of the 2016 financial year but will remain at CBA for at least another two years. Announcing the change to CBA's senior executive team today, chief executive ...

Retail super portfolios dodge disclosure: ISA

DARREN SNYDER  |  THURSDAY, 28 JAN 2016
... proposed exclusion of platforms and legacy products from public dashboard reporting would carve-out a large portion of the bank-owned and retail super sector. ISA cites independent analysis by Rainmaker, where as at December 2014, 72% of the $572 billion ...

Cheers to unmet expectations

BENJAMIN ONG  |  THURSDAY, 28 JAN 2016
... prices dissipate and the labor market strengthens further." Australia is already there. Core inflation is within the Reserve Bank of Australia's (RBA) 2%-3% target band. The trimmed mean inflation measure is up 2.1% in the December quarter and the weighted ...

ANZ rolls out new executive team

DARREN SNYDER  |  WEDNESDAY, 27 JAN 2016
New ANZ chief executive Shayne Elliott has made several changes to the bank's senior leadership team and outlined priorities that include being Australia's "only true regional bank" and building a "strong, cohesive culture known for ethics, values and ...

Future Fund puts in another strong year

MARK SMITH  |  WEDNESDAY, 27 JAN 2016
The Future Fund has grown has almost doubled its assets under management to $118.4 billion from the initial investment of $60.5 billion seeded by the government in 2006. In a portfolio update briefing, the sovereign wealth fund said it has been paring ...

Man Group appoints EM debt head

ALEX BURKE  |  WEDNESDAY, 27 JAN 2016
... overseeing the firm's emerging markets fixed income business. Before HSBC, he held roles at PIMCO, Barclays Capital and Deutsche Bank. OssA(C)s will report to Man GLG co-chief executive Teun Johnston, who said that "[OssA(C)s] has extensive experience ...

NAB shareholders vote for UK exit

ALEX BURKE  |  WEDNESDAY, 27 JAN 2016
NAB shareholders have voted overwhelmingly in favour of the bank's demerger with Clydesdale in the UK. At the bank's scheme meeting today in Melbourne, NAB group chair Dr. Ken Henry explained the demerger would be structured with a new holding company ...

Down but upbeat

BENJAMIN ONG  |  WEDNESDAY, 27 JAN 2016
... not rejoice - for even before we downed our tools and shut down our links to the world wide web - the National Australia Bank's (NAB) latest survey of business confidence and conditions reveal the resilient mood among domestic firms. Business confidence ...