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10 November 2017 • By • 1 min read

BNY Mellon makes Asia-Pacific hires

Boutique asset manager BNY Mellon Investment Management has appointed an institutional sales director and a business development manager to be based ...

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APRA publishes life insurance claims data

A new pilot data collection project into life insurance claims has found that 103,100 claims were finalised in calendar 2016, of which 92 per cent ...

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CBA earnings up 6% as expenses rise

CBA has increased its cash earnings by 6 per cent as it puts aside money to provision for the impending money-laundering civil case brought by AUSTRAC

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Westpac doubles down on wealth business

Westpac has confirmed its intention to continue operating in the wealth management market, despite a decline in cash earnings and the imminent exit of ...

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Bennelong funds added to Macquarie Wrap

Two funds managed by Bennelong’s boutique partners have been added as investment options on the Macquarie Wrap platform. Macquarie has added the 4D ...

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Research house value ‘negligible’: Innova

Research house ratings are useful for risk management but are not a reliable predicter of investment returns, consultancy Innova Asset Management has ...

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Treasury backs banking competition reforms

The Turnbull government has announced it will back all 11 recommendations made in the Hammond review in support of greater competition in the banking ...

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State Street names new global CEO

State Street Corporation announced the retirement of chief executive Jay Hooley today, and named his successor. Mr Hooley, who will step down from ...

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Australia will ‘lag’ global recovery: UBS

Australian GDP growth and the RBA’s monetary setting will lag behind the global economy, predicts UBS in its global economic outlook

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ASX200 breaks through 6,000 barrier

The S&P/ASX 200 has closed above the 6,000 mark for the first time since the global financial crisis. After flirting with the 6,000 level in ...

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