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Showing 691 - 700 of 2383 results for "Citi"

Chief economist update: China recovery would have been good for Oz

BENJAMIN ONG  |  MONDAY, 20 JUL 2020
"Sweet days of summer, the jasmine's in bloom July is dressed up and playing her tune... Summer breeze, makes me feel fine, blowing through the jasmine in my mind" -Summer Breeze, Seals and Crofts It was expected. China was first in. It was the ...

360 Capital eyes LIC

KANIKA SOOD  |  FRIDAY, 17 JUL 2020
360 Capital has acquired an 18.53% stake in an ASX-listed closed-ended fund, as it engaged with its management to appoint it as the responsible entity. The Australian Enhanced Income Fund (AYF) was listed on the ASX in October 2006 and invests in up ...

Banks brace for major loan losses

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... liquidity and long-term products, as Americans pivoted to protect their wealth against market volatility. Meantime, despite Citi's net income declining 73% for the quarter, its revenues increased 5% from the prior-year period thanks to strong performance ...

Multi-boutique adds to US team

KANIKA SOOD  |  MONDAY, 13 JUL 2020
A local multi-boutique has appointed a managing director for Americas, in a newly-created role focussed on expanding its distribution in the region. Jeff Chapman - owned Bennelong Funds Management has appointed Daniel Allen as the managing director ...

Chief economist update: Good as gold

BENJAMIN ONG  |  MONDAY, 13 JUL 2020
The coronavirus pandemic has affected lives, livelihood and financial markets around the world. Commodity markets were no exception. S&P GSCI commodity price index dropped by 48.7% to a 17-year low of 228.24 points in April from this year's high ...

NAB Private executive departs

KANIKA SOOD  |  WEDNESDAY, 8 JUL 2020
After Anthony Healy's departure from National Australia Bank's private banking business in March, another executive has left the bank. NAB Private customer executive Jason Murray is joining ASX-listed fintech FlexiGroup Limited as its chief financial ...

Melburnians back in the lockup

BENJAMIN ONG  |  WEDNESDAY, 8 JUL 2020
All of Metropolitan Melbourne will be back in lockdown before the clock strikes midnight tonight. Victoria's Department of Health and Human Services advises that from 11:59pm, 8 July 2020, Melburnians will only be allowed to leave home for four ...

Chief economist update: Second waving, not drowning

BENJAMIN ONG  |  TUESDAY, 7 JUL 2020
While we, Australians all, remain glued tracking the mounting cases of infection in Victoria - one that has prompted the New South Wales government to close its borders with its neighbour south of the Murray River for the first time since the Spanish ...

Chief economist update: A tale of two quarters

BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
"It was the best of times, it was the worst of times... it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way..." -- 'A Tale of Two Cities' ...

COVID-19 stimulus continues

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
As the new financial year began, Treasurer Josh Frydenberg clarified the stimulus measures the government will use to assist Australians in the recovery from the COVID-19 pandemic. Tax relief for low and middle income earners came into effect from 1 ...