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Showing 7071 - 7080 of 17960 results for "Bank"

PIMCO appoints world leaders to advisory board

LAURA MILLAN  |  TUESDAY, 8 DEC 2015
... board members are former UK Prime Minister and former Chancellor of the Exchequer, Gordon Brown, and former European Central Bank president and chairman of the European group of the Trilateral Commission, Jean-Claude Trichet. New America chief executive ...

CBA to close institutional equities business

MARK SMITH  |  TUESDAY, 8 DEC 2015
Commonwealth Bank is closing its institutional equities business following a strategic partnership with Goldman Sachs investment bank. Commonwealth Bank's proprietary institutional equities team that forms part of the bank's institutional banking and ...

Super fund appetite for property funding up

MARK SMITH  |  MONDAY, 7 DEC 2015
... for returns. At the same time, Schwartz said new investors are stepping in to plug a gap left by tighter restrictions on bank lending. "The banks have their hands tied when it comes to making loans to property developers. As a result, there is a need ...

SMSFs ramp up trading in turbulent markets

LAURA MILLAN  |  FRIDAY, 4 DEC 2015
... volumes favouring buying during recent volatility shows investors are constantly keeping an eye on the market," Commonwealth Bank head of SMSF customers Marcus Evans said, and added that the data "dispels the myth that SMSFs are conservative investors." ...

Global divesting institutions reach 500

LAURA MILLAN  |  FRIDAY, 4 DEC 2015
... total. A total of 113 Australian institutions have joined the campaign, including some financial institutions such as Adelaide Bank, Bendigo Bank, HESTA (coal only), Hunter Hall Investment Management, Local Government Super and UniSuper (partial divestment) ...

Individual risk income premiums top $2.4bn

DARREN SNYDER  |  FRIDAY, 4 DEC 2015
... posted an increase of 13.2% to $277 million, followed by OnePath at 11.3% to $331 million. Both AMP and National Australia Bank/MLC still hold the largest market share for risk income inflows but both recorded losses in growth by 2.3% and 0.4% respectively. ...

Did ECB under-deliver or markets over-expect?

BENJAMIN ONG  |  FRIDAY, 4 DEC 2015
... purchases to include local and regional government bonds. But give the ECB president a break. Just imagine a world where central bank actions are dictated by their whims and tantrums and not the other way around. Like Mohamed A. El-Erian wrote in his ...

Australian Unity acquires three new practices

ALEX BURKE  |  THURSDAY, 3 DEC 2015
... we are a mutual organisation focused on helping our advisers improve the financial well-being of their clients, and not a bank or life insurance company, means advisers see us as being favourably positioned between the institutions and the self licencing ...

Super governance saga continues

DARREN SNYDER  |  THURSDAY, 3 DEC 2015
... proposes a third of independent directors on super fund boards. Both ISA and AIST have commissioned a review by former Reserve Bank of Australia (RBA) Governor and Treasury Secretary Bernie Fraser to lead the development of a best practice governance ...

AMP director retires, Wesfarmers director appointed

ALEX BURKE  |  WEDNESDAY, 2 DEC 2015
AMP has announced that director and AMP Bank chair Paul Fegan will retire from his positions. In his stead, Wesfarmers non-executive director Vanessa Wallace will join the AMP board on March 1, 2016. Wallace has also held positions at Booz & Company ...