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08 November 2019 • By Sarah Simpkins • 1 min read

Private banks, stockbrokers warned to expand services or lose HNWs

Aussie high-net-worth investors are growing increasingly dissatisfied with private banks and stockbrokers, with a market researcher commenting the ...

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Big four remediation bill hits $5.7bn

Low interest rates and the fallout of the Hayne royal commission have culminated in a 7.8 per cent decrease in combined cash earnings for the major ...

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Pendal profit falls 19%

Pendal Group’s full-year profit was sliced by 19 per cent from the year prior, with the investment manager blaming Brexit and low rates for giving way ...

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Wealth business continues to weigh on Westpac boss

In his letter to shareholders, Westpac CEO Brian Hartzer flagged the relentless regulatory environment and its associated costs as one of many ...

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Brexit outlook in flux: T. Rowe Price

A sustained rally on British equities is unlikely until there is more clarity on Brexit, but a December election may throw its outcome into ...

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RBA holds cash rate

The Reserve Bank has decided to retain the cash rate at 0.75 per cent for November, after it undertook its third rate cut for the year last ...

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Aussie CEOs could learn a thing or two from these Navy SEALs

With Australian corporate leaders facing a major trust problem, two former US Navy SEALs could be just the ticket to help drive positive change ...

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FIIG launches domestic high-yield bond index

Fixed income specialist FIIG Securities has recently announced that it has partnered with German Index firm Solactive to launch Australia’s first ...

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World’s most profitable company set to go public

Oil giant Saudi Aramco, which had a net income of $111 billion last year, is set to go public on Saudi Stock Exchange Tadawul. Saudi Aramco is the ...

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Westpac announces capital raise as profits slide

Westpac cash profits have fallen and the bank will cut its second-half dividend to 80 cents after a “challenging year” that saw its bottom line ...

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