Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 841 - 850 of 9367 results for "Income"

Asena Family Office adds chief investment officer

ELIZABETH FRY  |  TUESDAY, 5 NOV 2024
... companies. Asena's new chief investment officer started his career at PwC before moving to London to work in various fixed income roles at Mondrian Investment Partners, Abbey National and Deutsche Bank. Upon returning to Australia, he worked within ...

US election to add to inflation woes: Experts

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
... policies. "To the extent that basic economic tenants still apply in this odd economy, lower taxes (especially on personal income) tend to increase spending/capital expenditures and demand," Cunningham said. "Harris' proposal is to reduce taxes for Americans ...

AllianceBernstein managing director departs

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
... at AXA as business manager - Australian equities and alternative investments, Deutsche Bank as associate director, fixed income sales and Fergusson Bros. as senior equity derivatives sales trader. "After almost 24 years at AB in Australia, it's time ...

Australian Retirement Trust works to resolve ongoing outages

JAMIE WILLIAMSON  |  MONDAY, 4 NOV 2024
... impacted by the technology outage last week... Getting our members money into their accounts has been our top priority. All income payments have been processed as of Wednesday, October 30 and we communicated directly with impacted members." "We're ...

Westpac profits drop as it prepares for leadership change

ELIZA BAVIN  |  MONDAY, 4 NOV 2024
... position." King said the bank's CET1 capital ratio of 12.5% is one of the strongest he's seen in 30 years. Net interest income increased 2% year on year, while non-interest income was $2.8 billion, down 15% from the year prior, impacted by the ...

JP Morgan subsidiaries fined $230m by regulator

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
... the SEC found that a JPMIM portfolio manager directed an unaffiliated party to buy commercial paper or short-term fixed income securities from JPMS for JPMIM to then buy on behalf of a client. The SEC said that once JPMIM learned of the conduct, it self-reported ...

Macquarie reports $1.6bn net profit

ANDREW MCKEAN  |  FRIDAY, 1 NOV 2024
... billion profit. This was down 10% from the first half of 2024 and 34% lower than the second half. Macquarie's net operating income rose to $8.2 billion, a 4% increase from the first half of 2024 but 8% lower than the second half. Operating expenses ...

TAL names retirement and wealth lead

MATTHEW WAI  |  THURSDAY, 31 OCT 2024
... role of general manager, retirement and wealth, a position that he will further develop and deliver TAL's retirement income solutions in partnership with Australian superannuation funds, the life insurer said. Bransdon will also be responsible for ...

Super complaints rise in FY24: AFCA

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
... classification of SMSFs as wholesale. Some advisers incorrectly apply thresholds of $2.5 million in net assets or $250,000 income, instead of the $10 million limit specified in the Corporations Act 2001 for superannuation products. This misclassification ...

Barings brings first Australian private credit fund to life

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
... including the Barings Australian Private Credit Fund. The fund is for institutional and wholesale investors looking to generate income and grow their capital via directly originated loans to private middle-market companies in Australia and New Zealand. ...