Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 7141 - 7150 of 17960 results for "Bank"

CBA embeds ESG into investment, wealth management

LAURA MILLAN  |  THURSDAY, 5 NOV 2015
Commonwealth Bank (CBA) has introduced stronger environmental, social and governance (ESG) policies and practices across its investment and wealth management divisions. The new Wealth Management Responsible Investing Framework will integrate ESG into ...

JANA chief executive joins industry fund

DARREN SNYDER  |  THURSDAY, 5 NOV 2015
The chief executive of National Australia Bank-owned asset consultant JANA has left to join an industry superannuation fund as chief investment officer. Replacing David Hartley at Sunsuper is Ian Patrick, who has left NAB Asset Management after 14 years ...

NAB Asset Servicing appoints Citi as global custodian

DARREN SNYDER  |  WEDNESDAY, 4 NOV 2015
After months of speculation National Australia Bank Asset Servicing (NAS) has announced the appointment of Citi as its global custodian. NAB executive general manager asset servicing, Matt Brown, said the firm's focus on sourcing the "best global capability ...

AMP adviser, former Shadforth exec join Fortnum

LAURA MILLAN  |  WEDNESDAY, 4 NOV 2015
An AMP adviser, a former Shadforth director and an independent practice have recently joined Fortnum Financial Group. Former SFG Australia managing director Tony Fenning has joined the Fortnum board as a non-executive director. Fenning is also a board ...

Good tidings sway RBA to stay

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2015
... anyway - the rationales for a cut was equally rational as those for a no cut - so no blame all around. In the end, the Reserve Bank of Australia (RBA) decided to stay the course - keeping the official cash rate at 2.0% yesterday because of good tidings ...

Banks face wealth management challenges

DARREN SNYDER  |  TUESDAY, 3 NOV 2015
The big four banks' wealth businesses benefitted from a lower Australian dollar and a strong performance in investment markets for most of the year but generating acceptable return on equity (ROE) remains a challenge. Presenting EY's analysis of Australian ...

Macquarie and CBA in global top 100

MARK SMITH  |  TUESDAY, 3 NOV 2015
Macquarie and Commonwealth Bank are the only Australian companies to have made it into the top 100 largest fund managers globally, according to a survey by Pensions & Investments and Towers Watson. Of the top 50 managers in the annual Pensions & Investments/Towers ...

Pick a number

BENJAMIN ONG  |  TUESDAY, 3 NOV 2015
... still work. This from Wikipedia: "In economics, a Taylor rule is a monetary-policy rule that stipulates how much the central bank should change the nominal interest rate in response to changes in inflation, output, or other economic conditions. It is ...

Westpac profit boosted by BTIM sale

ALEX BURKE  |  MONDAY, 2 NOV 2015
... to $8 billion over FY2015, driven largely by its partial sale of BT Investment Management. In its full-year results, the bank reported "a number of significant infrequent items that in aggregate increased net profit" in addition to the BTIM sale, including ...

Colonial First State appoints independent super director

DARREN SNYDER  |  MONDAY, 2 NOV 2015
Commonwealth Bank's wealth management division has announced a major hire that will see an independent director appointed in several superannuation board roles, most notably at Colonial First State Investments. Joining the boards of Colonial First State ...