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Showing 851 - 860 of 17942 results for "Bank"

CBA's conviction on December rate cut has 'dipped'

ELIZA BAVIN  |  FRIDAY, 18 OCT 2024
Commonwealth Bank (CBA) head of Australian economics Gareth Aird conceded the stronger than expected unemployment data released yesterday does not strengthen the case for the Reserve Bank of Australia (RBA) to start cutting interest rates. Additionally ...

ECB drops interest rates to 3.25%

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
The European Central Bank (ECB) has lowered interest rates for the third time this year by 25 basis points to 3.25%. The decision affects three key areas: the deposit facility, main refinancing operations, and marginal lending facility, which will decrease ...

AMP's MyNorth sees inflows rise 76%

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
... they move to the new joint venture with Entireti." George added that the launch of AMP's small business and consumer digital bank remains on track, with a first release to AMP employees expected in the coming weeks, ahead of the public launch in Q1 next ...

ASIC makes key appointments to executive team

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
... significant litigation experience to the role from his time with ASIC including some of ASIC's most complex matters such as the Bank Bill Swap Rate litigation. Prior to working with ASIC, Savundra worked in the litigation group of Allens and Herbert ...

Household spending drops in September: CBA

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
The Commonwealth Bank's (CBA) Household Spending Insights (HSI) index fell 0.7% month on month in September, in seasonally adjusted terms, following a gain in August of 1.6%. The fall in September was in line with expectations, CBA chief economist Stephen ...

BNP Paribas shutters EARTH Trust

JAMIE WILLIAMSON  |  FRIDAY, 11 OCT 2024
... Since inception, the trust has delivered a net return of -22.87% against the 2.72% of its benchmark, the Bloomberg Ausbond Bank Bill Index. The underlying fund's top holdings included Sunnova Energy International, Fluence Energy, National Grid, Nvidia ...

Netwealth FUA soars, names new chief financial officer

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
... delivering high-margin growth strategies and driving efficiencies at scale. Stockdale previously worked at Goldman Sachs, Deutsche Bank and UBS. "We look forward to welcoming Hayden to the team and are confident his extensive experience in financial ...

Iress rejigs leadership team

ANDREW MCKEAN  |  WEDNESDAY, 9 OCT 2024
... South Africa and Canada divisions. Prior to joining Iress, he held senior leadership positions at MLC and National Australia Bank, including as group executive of advice and general manager of sales at the former. "... we extend our appreciation to Jason ...

RQI Investors promotes three staffers

ELIZABETH FRY  |  TUESDAY, 8 OCT 2024
... seminars. Before joining RQI Investors, Scott was a director of applied research at Axioma and spent 18 years at Macquarie Bank as a senior analyst within the securities business. "These promotions reflect the growth we have experienced as a business ...

FCX granted 'historic' market licence by ASIC, RBA

ANDREW MCKEAN  |  TUESDAY, 8 OCT 2024
... granted a "first-of-its-kind" Australian Market Licence and Clearing Settlement Facility Licence by ASIC and the Reserve Bank of Australia (RBA). The licences enable the FCX Market to trade securities in private and unlisted public companies and interests ...