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Showing 841 - 850 of 2181 results for "In March"

Chief economist update: China and the spring in its step

BENJAMIN ONG  |  THURSDAY, 18 APR 2019
... December 2018, January and February 2019. The Caixin China PMI survey showed the manufacturing sector back in expansion in March after posting sub-50 readings (indicating contraction) in the previous three months. The timely counter-cyclical measures ...

NPP chair breaks down rollout

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 APR 2019
... chairing the New Payments Platform (NPP) through its rollout. McKinnon was made chair at the end of January this year. In March, the RBA revealed it had been pressuring the banks to prioritise the $1 billion infrastructure project and expressed concerns ...

$1.5bn pulled from Pendal

KARREN VERGARA  |  FRIDAY, 12 APR 2019
... $1.5 billion from its Westpac/ BT Financial Group legacy books, which had about $20.5 billion in FUM. The bank announced in March that BTFG will cease to be a standalone division, along with plans to exit salaried and aligned financial advice by September ...

Chief economist update: The bad oil

BENJAMIN ONG  |  FRIDAY, 12 APR 2019
... year. In addition, the OPEC reports that US sanctions have caused Venezuelan oil production to fall by almost 500K bpd in March from February. Add to this, US sanctions against Iran (expected to be tightened further in May) and the supply disruption ...

Colonial acquisition cost CBA shareholders $53bn: Merlon

KANIKA SOOD  |  TUESDAY, 9 APR 2019
... the acquisition increased its expenses, failed to grab more market share and underperformed compared to peer stocks. In March 2000, CBA said it had reached an agreement to acquire Colonial Limited for $800 million in cash to Colonial income security ...

Chief economist update: Two indicators giving the Fed a headache

BENJAMIN ONG  |  TUESDAY, 9 APR 2019
... from 4-4.6% and had a median value of 4.3%." The latest US non-farm payrolls report put the unemployment rate at 3.8% in March - the 19th straight month that the jobless rate had been below the "median value of 4.3%". The outlook for jobs remain positive ...

Financial advice exit a boon for the industry: Poll

KARREN VERGARA  |  MONDAY, 8 APR 2019
... banks to join the exodus, agreed to sell a number of advisers to Viridian Advisory. Financial Standard broke the news in March that Westpac will no longer provide personal financial advice and shift to a referral model; it will also reposition BT Financial ...

Chief economist update: ECB digs deeper

BENJAMIN ONG  |  FRIDAY, 5 APR 2019
... Not only this, inflation is heading down anew. The flash estimate of HICP inflation eased from 1.5% in February to 1.4% in March - lower than market expectations and matching January's nine-month low. Core inflation eased to an 11-month low of 0.8% ...

MGP looks inward for new leaders

HARRISON WORLEY  |  FRIDAY, 5 APR 2019
... the company's plans for future growth," Brook said. Hawkins was revealed as the company's next chief financial officer in March, after it announced it would rebrand from managedaccounts.com.au to Xplore Wealth. MGP shareholders will ultimately decide ...

AMP overhauls wealth leadership

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2019
... heading AMP's self-managed super fund administration business. She replaces Natasha Fenech who left the business in March. Bourguignon was most recently heading up AMP's customer experience team. She will commence in the new role in mid-April. ...