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Showing 961 - 970 of 17947 results for "Bank"

ASIC proposes cash equity clearing and settlement rules

ANDREW MCKEAN  |  TUESDAY, 30 JUL 2024
... outcome is achieved for the market, for listed companies and for investors and investment." Notably, ASIC and the Reserve Bank of Australia (RBA) are co-regulators of licensed CS facilities. They share supervisory responsibilities for the four CS facilities ...

Top 10 Australian share funds of FY24

ANDREW MCKEAN  |  MONDAY, 29 JUL 2024
... of the Australian economy to date. By June 30, CBA had taken over Citigroup and Mitsubishi UFG to become the 13th largest bank globally."

Advisers encouraged to engage with clients' kids

ELIZA BAVIN  |  MONDAY, 29 JUL 2024
... for them, and the same amount believe not owning a home will be detrimental to their long-term wealth in retirement. AMP bank group executive Sean O'Malley said fears around homeownership is a justifiable concern for younger Australians. "Building ...

IPO conversations 'sparking interest': Barrenjoey

ANDREW MCKEAN  |  FRIDAY, 26 JUL 2024
Barrenjoey Capital Markets co-executive chair Guy Fowler says the firm has had more conversations about IPOs in the last two months than in the previous three years, indicative of "sparked interest," at a briefing on the future of Australian capital ...

ART executive takes lead super role at Insignia

JAMIE WILLIAMSON  |  THURSDAY, 25 JUL 2024
... these roles, he played a key role in the fund's inorganic growth strategy, including recent mergers with Commonwealth Bank Group Super, AvSuper, and Australia Post Superannuation Scheme. Prior to ART's creation, he was on the executive team of ...

ANZ staff axed over treasury bond scandal

ELIZA BAVIN  |  THURSDAY, 25 JUL 2024
... into its Australian Markets business in relation to a 2023 bond transaction. ANZ chief executive Shayne Elliott said the bank had been working with the Australian Securities and Investments Commission (ASIC) as well as launching its own internal investigation. ...

Advisers shun major institutions, 500 exit: Rainmaker

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
... smallest institutional segment comprising just 3.6% of the total market, although they represent 11% of aligned advisers. Bank and insurer-owned AFSLs represent 26% of aligned financial advisers. They lost 6.1% of their adviser workforce during the period. ...

Australia unlikely to tame inflation

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
... Australia's ability to control inflation looks more challenging and intractable as there is a good chance the Reserve Bank of Australia (RBA) could increase interest rates in August, an economic expert says. According to GSFM investment strategist ...

Investors brace for turbulence as Biden backs out

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
Investors are preparing for some market turbulence in the US after President Joe Biden pulled out of the race for President against Donald Trump. American Century chief investment officer Rich Weiss said Biden's decision to withdraw as the Democratic ...

Household income buoyed by property investments: CBA

MATTHEW WAI  |  TUESDAY, 23 JUL 2024
... a poised rise in the rent and investment segments, as Aussies remain uptight on the front of cost-of-living, Commonwealth Bank data shows. Overall income growth is sitting at around 5%, with rent and investment incomes sitting at over 15% and 10%, respectively. ...