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Showing 941 - 950 of 9739 results for "Major"

APAC looks to data-driven future: State Street

CHLOE WALKER  |  WEDNESDAY, 15 NOV 2023
Over 80% of institutions globally expect sizeable opportunities to emerge from enhanced data management and usage, according to State Street's latest report. The State Street Data Opportunity Study, conducted in the third quarter of the year, analysed ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
Australia's major banks have achieved skyrocketing returns of $32.5 billion, up 14% from last year, driven by loan growth, margin expansion and the continued decline in notables. This year, profits exceeded the previous record set in 2017 at $31.2 ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... 5.8% year-on-year. "Overall, Australian inflation remains well above the global trend," it said. "Globally, CPI in most major economies remains above Central Bank targets. In Australia inflation has already been above the RBA target of 2% to 3% year-on-year ...

BlackRock plans to launch Ethereum ETF

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
... alternatives," NASDAQ said. Consequently, it said the approval of an Ethereum exchange-traded product would represent a "major win" for the protection of crypto investors. On BlackRock's application, ETC Group chief strategy officer Bradley Duke, a leading ...

GQG's PAC acquisition attempt hits snag

KARREN VERGARA  |  MONDAY, 13 NOV 2023
GQG Partners' attempted acquisition of Pacific Current Group (PAC) has hit a snag as the former's major shareholder River Capital imposes its own conditions and a lower offer price. River Capital has undercut the original $11 offer to be paid in cash ...

Mirova targets super funds in multi-billion dollar raise

CASSANDRA BALDINI  |  TUESDAY, 7 NOV 2023
Mirova, an affiliate of Natixis Investment Managers, aims to secure support from super funds, potentially reaching billions, to launch its sixth strategy focused on energy transition infrastructure. The global asset manager intends to raise approximately ...

BNP Paribas to sharpen efforts down under

CHLOE WALKER  |  TUESDAY, 7 NOV 2023
... group and deputy head of global markets APAC Brian McCappin spoke of the current state of the market, highlighting three major themes: consolidation, internalisation and internationalisation. "Obviously, we've seen Aussie super funds coming together ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
Legalsuper is raising the investment fees of its MySuper balanced option product from December 14, resulting in an annual cost increase for an account balance of $50,000 from $546.92 to $596.92. For the $5.4 billion industry fund's default investment ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... rates bolstered Westpac home and business loan books which ultimately saw the bottom line jump by 26% to $7.2 billion. The major bank's full-year performance to September reaped from $70 billion worth of home loans that transitioned from fixed to ...

Macquarie appoints Byres, half-year results decline

KARREN VERGARA  |  FRIDAY, 3 NOV 2023
... with its diverse business mix across annuity-style and markets-facing businesses; deep expertise across diverse sectors in major markets with structural growth tailwinds; patient adjacent growth across new products and new markets; ongoing technology ...