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Showing 711 - 720 of 5969 results for "banks"

Finance is least ethical sector: Governance Institute

ANNABELLE DICKSON  |  FRIDAY, 27 NOV 2020
... organisations up 9% to 41% followed by independent superannuation funds at 28%, stock exchanges at 29% while investment banks scored 6% up from -10% and life insurance companies came in at 1%, up from -19%. Within the corporate sector, company secretaries ...

Australian Sustainable Finance Initiative launches

RACHEL ALEMBAKIS  |  TUESDAY, 24 NOV 2020
A coalition of more than 80 organisations including banks, insurers, superannuation funds and other stakeholders has released an ambitious list of recommendations to transform Australia's financial system to sustainable outcomes. The Australian Sustainable ...

Aussie dividends lag on global stage

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
... Index revealed Australian dividends suffered one of the biggest drops in the world as a result of the steep cuts made by banks, transport and leisure stocks. Commonwealth Bank, National Australia Bank and ANZ accounted for three fifths of Australia's ...

Funds management in ASIC spotlight

ELIZA BAVIN  |  THURSDAY, 19 NOV 2020
... managers on the hunt for yield (starved of that yield in government bond markets) are moving to where others retreat (the banks) from private debt." Chester said investment funds have become overly complex, and that, combined with old fashioned product ...

Aware Super finds airport returns despite COVID-19

ELIZABETH MCARTHUR  |  FRIDAY, 13 NOV 2020
Aware Super's investment in Bankstown Airport, in western Sydney, has proved resilient through COVID-19 - thanks in part to an investment in an air wing for NSW Police. Earlier this month, NSW Police opened its aviation support branch - also known as ...

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 ...