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Showing 7321 - 7330 of 17960 results for "Bank"

Too much ado about a speck

BENJAMIN ONG  |  WEDNESDAY, 12 AUG 2015
... 1989, 1990 and 1993." Now that I'm done congratulating myself and patting my own back, let's get down and dirty. The People's Bank of China (PBOC) announced a revaluation of the yuan, lowering its exchange rate versus the US dollar from 6.2097 to 6.3231. ...

Magellan doubles profit, boosts FUM

LAURA MILLAN  |  TUESDAY, 11 AUG 2015
... the year before. The group has relationships with over 500 independent financial advice firms as well as with Commonwealth Bank, BT, AMP and IOOF; four of the country's top six aligned advice businesses. The inclusion of the Magellan Global fund on the ...

State Street boosts managed fund sales team

MARK SMITH  |  TUESDAY, 11 AUG 2015
... the Australian intermediary market. Before that she held various distribution roles for The Private Collection, Macquarie Bank and Adelaide Bank. She has a total of 15 years' industry experience. SSGA managing director and head of distribution, Peter ...

Divestment could reach $50bn in five years

ALEX DUNNIN  |  TUESDAY, 11 AUG 2015
... institutional investors by addressing their ESG concerns. To support this claim Reynolds cited a 2013 meta study by the Deutsche Bank Global Financial Institute that found companies with ESG investment criteria have higher credit ratings and on average ...

Five minutes of commodity sunshine?

BENJAMIN ONG  |  TUESDAY, 11 AUG 2015
... With such strong leads from overnight markets, you can take your bet on a strong Australian open (no, not the tennis) to the bank, more so that investors seemed to have ridden themselves of the big four banks' - ANZ, CBA, NAB, WBC - capital raising spooks ...

Poor digital experience set to hurt revenue

LAURA MILLAN  |  MONDAY, 10 AUG 2015
Australia's top brands' failure to improve poor digital experience will lose customers to more tech-friendly companies, a report by SAP found. The SAP 'Australian digital experience report' found that 47% of the survey's 3,000 respondents were unsatisfied ...

Bendigo wealth earnings fall 20pct despite acquisition

LAURA MILLAN  |  MONDAY, 10 AUG 2015
Bendigo and Adelaide Bank cash earnings for its wealth management division are down 20.5%, despite the acquisition of a stake in a superannuation fund. Australia's fifth largest bank reported its results for the year to 30 June 2015 and confirmed that ...

Financial services industry unites for marriage equality

LAURA MILLAN  |  FRIDAY, 7 AUG 2015
... Abbott on August 17, the first day of the next Parliament sitting. Banking institutions supporting the initiative are ANZ, Bank of Queensland, Bank of Melbourne, Bankwest, BT Financial Group, Commonwealth Bank, ING, ME Bank, MLC, NAB, St. George and ...

Water, water everywhere

BENJAMIN ONG  |  FRIDAY, 7 AUG 2015
Super Thursday. This is the term coined for the Bank of England's (BOE) data dump - announcing the monetary policy committee's (MPC) decision on interest rates, the MPC meeting minutes that led to the decision and the quarterly inflation report all ...

FSC awards industry execs

LAURA MILLAN  |  FRIDAY, 7 AUG 2015
... Stronger Super development manager Jim Baker, BT Financial Group superannuation program manager Matthew Thomas, Commonwealth Bank's Geoff Ferguson, Suncorp Life chief executive Geoff Summerhayes, King & Wood Mallesons partner Richard Snowden and Perpetual ...