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Showing 7031 - 7040 of 17960 results for "Bank"

CBA innovation hubs go global

DARREN SNYDER  |  WEDNESDAY, 20 JAN 2016
Commonwealth Bank (CBA) is building on its Sydney innovation lab by launching a second lab in Hong Kong and unveiling plans to expand to London later this year. CBA group executive institutional banking and markets, Kelly Bayer Rosmarin, said Hong Kong's ...

Future Fund awarded sovereign investor of 2015

DARREN SNYDER  |  TUESDAY, 19 JAN 2016
Australia's $118 billion sovereign wealth fund has been recognised for its restrained decision not to increase risk to chase returns in 2015, collecting sovereign investor of the year at the 2016 Central Banking Awards. Managing director of the Future ...

ETFs benefit from market volatility: SSGA

DARREN SNYDER  |  TUESDAY, 19 JAN 2016
... has been relatively immune from major global economic shocks, is showing signs of stress with shares in Australia's largest bank, CBA, falling below $80 in January this year from a peak of $96 in March last year - that's a 17% loss."

Builder launches $40 million bond issue

DARREN SNYDER  |  TUESDAY, 19 JAN 2016
... indicative interest rate of 8.5%. Impact Group chief executive Robert Harder said the company would use the funds to retire bank debt and fund growth in its homebuilding and townhouse development business. "This bond issue is an important step for us ...

Pillar hires change specialist

DARREN SNYDER  |  MONDAY, 18 JAN 2016
... psychology, change management and project management. Damianos most recently held strategic business mobilisation roles at ME Bank and has previously driven change at AIA Australia, Energy Australia, NAB and Australia Post. Pillar chief executive Peter ...

Drown baby, drown

BENJAMIN ONG  |  MONDAY, 18 JAN 2016
... would increase by another 700 bpd before supply/demand equilibrium is reached next year gives meat to Standard Chartered Bank's bearish prediction that crude prices could go as low as US$10 per barrel "before most of the money managers in the market ...

ETFs to see $8bn surge in 2016

ALEX BURKE  |  FRIDAY, 15 JAN 2016
Exchange-traded funds may see over $8 billion in new investments in 2016, according to Van Eck Australia managing director Arian Neiron. Neiron attributed this figure to the rapid growth of new money in ETFs in response to declining share markets. "Market ...

ASIC hits ex-ANZ adviser with ban

ALEX BURKE  |  THURSDAY, 14 JAN 2016
ASIC has banned a former ANZ bank adviser for 10 years. According to ASIC's investigation, Ben Cheung engaged in misconduct between April 2013 and March 2014, during which he was an authorised ANZ representative. ASIC alleged that Cheung forged client ...

Aussie large-cap active managers endure massive outflows

DARREN SNYDER  |  WEDNESDAY, 13 JAN 2016
Researcher Morningstar estimates Australian equity large-cap unlisted funds lost between $3 billion and $12 billion in assets per year over the last five years. In its latest Australian Equities Large-Cap Sector Wrap, Morningstar said active managers ...

ME names chairman replacing Weaven

MARK SMITH  |  WEDNESDAY, 13 JAN 2016
... has named the person taking over from not-for-profit sector heavyweight Garry Weaven as chair of the industry fund-owned bank. Ken Hodgson, who joined the ME board in January 2012, took over from Weaven on 1 January 2016. The decision was ratified at ...