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Showing 881 - 890 of 4023 results for "January"

Banks return $1.2bn for bad advice

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
... its review highlighting how the institutions identified and dealt with non-compliant advice by their advisers between 1 January 2009 and 30 June 2015 and the implementation of a framework for the large-scale review and remediation of customers who received ...

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
... Eurozone PMI surveys - both the composite and services PMI fell deeper into contraction territory, to 47.8 and 45.4 in January; although still in expansion, the manufacturing PMI weakened from a reading of 55.2 in December 2020 to 54.8. The European ...

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
... and businesses. The Westpac-Melbourne Institute index of consumer sentiment increased by 1.9% in February from 107.0 in January. Although it's lower than the 10-year high reading of 112.0 registered in December 2020, the current reading is the best ...

Chief economist update: Nikkei not so fine

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... inflation. Not surprisingly, the au Jibun Bank Japan PMI indices - manufacturing, services and composite - have all weakened in January. So what's keeping the Japanese stockmarket buoyant? The usual suspects are there: vaccine optimism; relaxation ...

Executive shuffle at Macquarie Group

ELIZA BAVIN  |  TUESDAY, 9 FEB 2021
... accommodate evolution in the boards. Macquarie said this has occurred with the appointment of Rebecca McGrath and Mike Roche in January 2021. The changes were outlined in Macquarie's 2021 operation briefing which highlighted the group's results in the ...

Antares promotes on equities team

KANIKA SOOD  |  TUESDAY, 9 FEB 2021
... November 2019, after working at Gandel family office. Prior to this he was an analyst at Antares and Goldman Sachs. At January end, Antares promoted Chong to deputy portfolio manager of its $130 million Antares ex 20 Australian equities strategy. The ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... years." Madam Yellen's is backed by the latest US non-farm payrolls report that showed the economy added 49,000 jobs in January -- lower than market expectations for a 50,000 increase and followed the 227,000 lost in December 2020....and the clincher ...

ASIC suspends RE licence

KARREN VERGARA  |  MONDAY, 8 FEB 2021
... Queensland-based financial services provider Investors Exchange Limited (IEL) has been suspended for six weeks, effective January 15. IEL is the responsible entity of Investors Exchange Fund, a property fund, and Investors Exchange Investment Fund, a ...

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... bidding the Congress to pass his US$1.9 trillion stimulus package. The BLS reports that the economy added 49,000 jobs in January. This is lower than market expectations for a 50,000 increase and followed the distribution of 227,000 pink slips in December ...

Pension fund members incur post-Brexit fees

JAMIE WILLIAMSON  |  FRIDAY, 5 FEB 2021
... what looks like an unforeseen consequence of Brexit. Some beneficiaries have seen fees of up to €25 charged on their January 2021 pension payment by Spain's BBVA and Austria's Bank Austria. The pension fund is investigating whether any other banks ...