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Showing 721 - 730 of 1883 results for "Lendi"

CSC renews $40bn custody mandate

ALEX BURKE  |  WEDNESDAY, 22 MAR 2017
The Commonwealth Superannuation Corporation has renewed custody arrangements for its $40 billion in funds under management. Northern Trust (NTC) has overseen custody and investment administration for the government employee and Australian Defence Force ...

US corporate debt mandate signed to Aussie manager

DARREN SNYDER  |  MONDAY, 20 MAR 2017
An Australian investment manager says it is time to think of floating rate assets and double-B rated credits as a safe haven in global debt markets. Supervised Investments portfolio manager Phil Carden told a briefing in Sydney that double-B rated debt ...

Good for now worrying for later

BENJAMIN ONG  |  WEDNESDAY, 15 MAR 2017
"The February NAB Monthly Business Survey gave back the surprisingly strong gains seen in the previous month..." This was the opening line of the NAB report on business confidence and business conditions for February. How much were given back? Business ...

RBA zeroes in on balance sheets

KARREN VERGARA  |  TUESDAY, 14 MAR 2017
The strength and resilience of the banks' and household balance sheets - rather than indicators such as credit or rising house prices - are a key focus for the RBA, assistant governor Michele Bullock said. Bullock told this morning's Bloomberg address ...

Largest Aussie single solar project deal sealed

JAMIE WILLIAMSON  |  TUESDAY, 14 MAR 2017
The Commonwealth Bank and Clean Energy Finance Corporation have joined forces with one of Germany's biggest banks in Australia's largest single solar project financing deal to date. As financing partners to Edify Energy and international investor Wirsol ...

Low-flation at the core

BENJAMIN ONG  |  FRIDAY, 10 MAR 2017
Low-flation at the core The European Central Bank's (ECB) governing council decided to keep monetary policy steady - refinancing rate at 0%, deposit rate at -0.4%, marginal lending facility at 0.25% -- while at the same time confirming that its asset ...

Former ING DIRECT chief joins P2P lender

DARREN SNYDER  |  THURSDAY, 9 MAR 2017
Peer-to-peer lender RateSetter now has the services of a former bank chief executive renowned for driving innovation and competition. Joining the RateSetter Australian board as a non-executive director is former ING DIRECT chief executive Vaughn Rictor. ...

ASIC compensation skyrockets

KARREN VERGARA  |  THURSDAY, 9 MAR 2017
The amount of compensation for consumers and investors collected by ASIC in the second half of 2016 surged to $159.4 million, up from $13.4 million in the first half. The latest ASIC Enforcement Report shows 63 infringement notices were issued - $2.9 ...

Steady as she grows

BENJAMIN ONG  |  WEDNESDAY, 8 MAR 2017
As expected, the Reserve Bank of Australia (RBA) kept the official cash rate unchanged at 1.5% -- where it had been since August last year -- while at the same time offering a positive outlook on the global and domestic economy. Not only has the RBA ...

We have made mistakes: CBA

KARREN VERGARA  |  TUESDAY, 7 MAR 2017
Commonwealth Bank of Australia's chief executive Ian Narev told a parliamentary inquiry this morning the bank made mistakes and still has a lot of work to do. On day two of the major banks review, Narev fronted the House of Representative's Standing ...