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Showing 981 - 990 of 17947 results for "Bank"

Hostplus nabs top JANA executive

ELIZABETH FRY  |  FRIDAY, 12 JUL 2024
The $110 billion industry fund that looks after hospitality workers has snared a senior property executive from JANA Investment Advisers. Chris Cawson jumped to Hostplus two weeks after the asset consultant lost its infrastructure head to the industry ...

Markets look to US rate cuts as inflation falls

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
... congressional testimony, has spurred market speculation about faster rate cuts. "The inflation figures suggests that the central bank's stringent monetary policies are yielding results. As inflation cools, the urgency to maintain high interest rates ...

ASIC, APRA provide FAR update

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
The Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) have published new information to help insurers and superannuation trustees prepare for the commencement of the Financial Accountability ...

Global X set to launch an Australian Bank Credit ETF

ANDREW MCKEAN  |  THURSDAY, 11 JUL 2024
Global X will launch an Australian Bank Credit ETF (ASX: BANK) later this month, affording investors exposure to credit in the local banking sector. The ETF will track the performance of the Solactive Australian Bank Credit Index and will be Australia's ...

SSGA launches new gold fund

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... to both institutional and advised investors, as well as intermediary investors such as advisers and platforms. ANZ Private Bank, which is responsible for managing more than $9 billion on behalf of its clients, will be seeding the State Street Gold Fund ...

ASIC delivered court win over Firstmac DDO failure

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
ASIC won its first Federal Court action in relation to breaches of design and distribution provisions against non-bank lender and investment manager Firstmac over a cross-selling strategy for investment products. The Federal Court found yesterday that ...

Insignia Financial overhauls operating model, executive team

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... customer officer. She is currently chief marketing officer at AMP. She's also previously held roles with Optus, Commonwealth Bank, PwC, Investec, BlackRock, and Macquarie Bank. At Insignia, she will have responsibility for advice and marketing, creating ...

UK government to establish national wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JUL 2024
... the coming days to ramp up private sector investment in infrastructure projects. Announced overnight, the UK Infrastructure Bank and the British Business Bank will be aligned under a new National Wealth Fund that will "invest in the new industries of ...

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
... $6.3 million to curb the rapid withdrawal of banking services in the Pacific. The funding includes $2.9 million to the World Bank for developing digital identity infrastructure across Pacific Island countries, $1.7 million to the Asian Development Bank ...

Fiji National Provident Fund hunts active fund managers

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... ago. FNPF is a major investor in the country. Its portfolio includes Amalgamated Telecom Holdings, Vodafone Fiji, and HFC BANK. It is the owner of several resorts, including Natadola Bay Resort (InterContinental Fiji Golf Resort & Spa), Holiday Inn Suva ...