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Showing 791 - 800 of 17942 results for "Bank"

Insignia completes MLC, NAB separation

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
... transformation projects," he said. "It also marks the second successful execution of a major exit of a superannuation business from a bank, the first being Insignia Financial's separation of the Pensions and Investments business from ANZ in 2022." He ...

Super fund adds to Payden & Rygel mandate

KARREN VERGARA  |  MONDAY, 25 NOV 2024
A $34 billion superannuation fund has topped up its mandate with Payden & Rygel to manage a total of $700 million in assets. Payden & Rygel did not disclose which super fund awarded the mandate but said the money was invested in the Payden Multi Asset ...

APRA maintains policy amid uncertain environment

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
... cost-of-living pressures, a weakening jobs market and heightened geopolitical risks. Balanced against these risks, APRA noted that bank lending standards remain sound and non-performing loans remain low. APRA confirmed the mortgage serviceability buffer ...

CapitaLand builds out Australian presence

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2024
Singapore-based real assets manager CapitaLand Investment is expanding in Australia, appointing both a local chief executive and chief investment officer. CapitaLand Investment is a global manager of shopping centres, residential, logistics and office ...

'Turbulent' environment expected in 2025: Robeco

ELIZA BAVIN  |  FRIDAY, 22 NOV 2024
Robeco has forecasted another challenging year for the global economy, marked by conflicting signals and complex dynamics, in its 2025 economic outlook titled This is not a landing. Robeco said the US economy shows signs of continued resilience, despite ...

JBWere restructures, chief executive exits

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... directly into Saadie. One will be filled by current JBWere chief investment officer Sally Auld in an expanded capacity and the bank is looking to hire for the other. Financial Standard understands that Lykouras' role was made redundant during the ...

Chalmers unveils new superannuation reforms

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... in retirement product design. "These changes will allow funds to offer product features that members want, such as money bank guarantees and installment payments instead of an upfront lump sum. This will give members more options that meet their needs ...

ASX appoints interim chief risk officer

MATTHEW WAI  |  MONDAY, 18 NOV 2024
... extensive experience in financial service in Australia and the US, she was most recently the chief risk officer at Suncorp Bank for over two years, overseeing risks across the bank's governance and management matters. She was simultaneously the director ...

ASIC sues NAB for failing customers

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
The Australian Securities and Investments Commission (ASIC) has filed proceedings against National Australia Bank (NAB) in the Federal Court. ASIC alleges NAB failed 345 of its customers at their most vulnerable when they applied for hardship support ...

Admin and compliance taking up 56% of advice practice costs

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
Fintech firm elemnta has released new research looking at data-related challenges impacting Australia's wealth management sector. The research highlights data fragmentation and lack of standardisation as the primary hurdles preventing scalable ...