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Showing 691 - 700 of 5944 results for "Banks"

Deutsche Bank expands Australian operations

JAMIE WILLIAMSON  |  THURSDAY, 12 NOV 2020
... European clients operating there." "Over 250 of our existing global cash management clients operating there are using other banks and our initial dialogue with them around our new business has been really encouraging. We also plan to expand our coverage ...

NAB Asset Servicing signs up to Charles River

KANIKA SOOD  |  WEDNESDAY, 11 NOV 2020
... factor helping us support our clients' operating models and organisational resiliency." NAB is the only one of the big four banks to offer custody and asset servicing. It has provided custody services since 1950 and global custody and investment administration ...

RBA measures not solely due to COVID: Treasury

ELIZA BAVIN  |  FRIDAY, 6 NOV 2020
... population ageing, the productivity slowdown and lower preferences for risk among investors," Kennedy said. "A number of central banks have suggested that interest rates will not rise for many years." Kennedy said that even when the cash rate returns ...

Pengana shutters income-focused fund

KANIKA SOOD  |  THURSDAY, 5 NOV 2020
... environment has been unfavourable for traditional equity income strategies," Pengana said in a letter to investors. "The major banks and many other traditional dividend payers have underperformed companies with lower dividend yields that do not meet ...

RBA cuts rate to new historic low

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... felt by many thousands of Australian retirees who rely on income from cash savings. Those savers are now virtually paying banks to hold their money, and are clearly going backwards after allowing for inflation," Hamson said. "With rental incomes also ...

Fastest-growing AFSLs in the country

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... additions. It ended September with 254 current advisers, after 101 new registrations and 39 ceasings in the period. The big four banks saw the most adviser registrations cease: AMP Financial Planning (376), National Australia Bank (375), Commonwealth ...

Westpac settles two class actions

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
... Southern District of New York. The bank bill swap rate (BBSW) class action claimed that Westpac together with a number of banks like NAB and ANZ conspired to fix the prices of BBSW-based derivatives. The settlement is subject to negotiation, execution ...

ANZ sees profits plummet, plans to exit thermal coal

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
... the results for ANZ shareholders. "Overall the result is reflective of an extraordinarily challenging period for the big banks, however ANZ should be praised for maintaining a strong capital position which has enabled it to return shareholders around ...

Pendal appoints head of institutional

KANIKA SOOD  |  FRIDAY, 23 OCT 2020
... Saunders left for Regal as well, joining as the boutique's head of wholesale and family office, including the private banks.

Worst investment ideas revealed: ARK

ELIZABETH MCARTHUR  |  THURSDAY, 22 OCT 2020
... bad ideas was physical bank branches, as the ARK researchers think consumer banking will shift to digital and mobile and banks that have invested too much in physical locations could be set to lose out. Digital-only banks are poised to take market share ...