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Showing 741 - 750 of 1374 results for "SCOT"

ABA denies precedent for matching RBA cash rates

ALEX BURKE  |  FRIDAY, 5 AUG 2016
The Australian Bankers' Association has rejected calls from Parliament to justify its interest rate pricing based on the Reserve Bank's cash rate. Following the RBA cutting the cash rate to 1.75%, Prime Minister Malcolm Turnbull told media that "the ...

FIIG appoints head of middle markets

KERRIE SYDEE  |  MONDAY, 1 AUG 2016
Fixed income dealer FIIG Securities has appointed a head of middle of markets. Mathew Simpson will take on the role, as FIIG looks to expand its reach in the middle markets sector. Simpson joins FIIG from Western Union where he was head of dealing. ...

Brexit won't impact Australia greatly: Treasurer

DARREN SNYDER  |  FRIDAY, 22 JUL 2016
The body representing Australia's top four financial authorities says the country is well placed to manage the economic and financial repercussions of Brexit. The Council of Financial Regulators (CFR) presented a report to the federal government earlier ...

"We were wrong about super": FSC chair

ALEX BURKE  |  THURSDAY, 21 JUL 2016
The superannuation system was sold incorrectly to Australians, according to the Financial Services Council's new chair Geoff Lloyd. Speaking on a panel at the 2016 FSC Leaders Summit in Melbourne, Lloyd said: "The industry was wrong to sell super as ...

Treasurer ignored credit warnings: Bowen

ALEX BURKE  |  THURSDAY, 21 JUL 2016
Shadow Treasurer Chris Bowen said Treasurer Scott Morrison ignored his warnings that Australia was in danger of losing its AAA credit rating. At the 2016 FSC Leaders Summit in Melbourne, Bowen said that the Coalition has repeatedly ignored warnings ...

Sequoia steps into funds management

KERRIE SYDEE  |  WEDNESDAY, 20 JUL 2016
Sequoia Financial Group and Aitken Investment Management have entered an exclusive partnership which will provide retail investors with exposure to Aitken Investment Management's wholesale only fund. Sequoia has launched the AIM Gateway Fund through ...

Industry bodies back O'Dwyer reappointment

MARK SMITH  |  TUESDAY, 19 JUL 2016
The industry has widely welcomed the reappointment of Kelly O'Dwyer into Prime Minister Malcolm Turnbull's refreshed cabinet. The former Assistant Treasurer and Minister for Small Business sees her title change to Minister for Revenue and Financial ...

US becomes post-Brexit equity safe haven

ALEX BURKE  |  FRIDAY, 15 JUL 2016
US equities have become a "safe harbour" for global investors following the Brexit referendum, according to J.P. Morgan research. J.P. Morgan's quarterly perspectives for Q3 2016 noted that there is continuing uncertainty as to when the UK government ...

New board members at Sunsuper

DARREN SNYDER  |  TUESDAY, 12 JUL 2016
Sunsuper is welcoming two new board members this week and the appointments will form an integral part of a cultural and digital transformation at the $35 billion fund. Joining Sunsuper's board are Theresa Moltoni and Professor Mark Harvey. The pair ...

Macquarie partners to acquire real estate sales platform

ALEX BURKE  |  WEDNESDAY, 6 JUL 2016
A consortium of investors including Macquarie subsidiaries, 77 Victoria Street Trust and Sandrift have partnered to acquire an ASX-listed real estate sales and administration platform. Pending shareholder approval, the consortium will acquire all the ...