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Showing 861 - 870 of 2197 results for "In March"

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. ...

Chief economist update: Hoping for the best, preparing for the worst of Brexit

BENJAMIN ONG  |  THURSDAY, 4 APR 2019
... for a no-deal Brexit". The jump in the latest IHS/Markit/CIPS UK manufacturing PMI to a 13-month high reading of 55.1 in March from 52.1 in the previous month bears this out for the simple reason that, and as explained by Markit: "Companies stepped up ...

Chief economist update: China stitches it in time

BENJAMIN ONG  |  TUESDAY, 2 APR 2019
... in expansion. The official National Bureau of Statistics (NBS) China manufacturing PMI increased to a reading of 50.5 in March after dropping to a three-year low of 49.2 in the previous month and marks the first expansion in the sector that followed ...

Heffron reshuffles leadership

HARRISON WORLEY  |  FRIDAY, 29 MAR 2019
... team. Sillar was previously a senior marketing manager in wealth transformation at BT Financial Group, and Denham joined in March from Focus Wealth. Earlier, Denham was the head of technical services at Challenger.

HESTA appoints new director

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAR 2019
... future. At the same time, we're delighted to welcome ACTU representative Sophie Ismail who was appointed to the HESTA Board in March." Borowick began his career as an electrician in the building and construction industry, before becoming a union officer ...