17 April 2020 • By Lachlan Maddock • 1 min read
COVID-19 will exacerbate some of last year’s most dangerous trends, and the forecast “recovery” could be anything but. Prior to our new normal, ...
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The world’s largest asset manager has hit back at suggestions it might profit from government contracts amid the global market crisis
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Unemployment increased in March and is expected to soar in the months ahead as the full impact of the lockdown becomes clear. The unemployment rate ...
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Citigroup posted a profit of US$2.5 billion ($3.9 billion) for the first quarter, tumbling by almost half year-on-year, with its chief declaring the ...
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The “V-shaped” recovery predicted by the International Monetary Fund (IMF) could take years to materialise, particularly in regions hit hardest by the ...
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Goldman Sachs recorded a US$96 million ($152.4 million) loss for its asset management business in the first quarter, as the group’s earnings nearly ...
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Australia’s big four banks have been tipped to shave their dividends by at least half on last year’s levels, following APRA asking the major ...
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The CEO of one of the world’s largest financial consultancies says that markets are too optimistic and haven’t priced in a potential second wave of ...
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The IMF predicts that Australia’s economy will bounce back sharply, but former prime minister Kevin Rudd believes the worst is yet to come
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Analysts have indicated that they expect AMP’s wealth management business to represent a quarter of the group’s earnings over the medium term, down ...
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