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Qld bank expands interstate

Queensland-based Heritage Bank has defied an industry trend to close physical shopfronts, instead expanding interstate for the first time wi...

by Sarah Simpkins

more stories

  • BlackRock revenue slips, technology spikes

    While BlackRock’s revenue slipped by 2 per cent year-on-year in the quarter ending 30 June, its technology services segment saw a growth s...

    by Sarah Simpkins
  • Investors flocking to active management for returns

    A new survey has found that investors seeking higher returns, better diversification and lower volatility are flocking to active management....

    by Eliot Hastie
  • AMP revamps ethical funds

    AMP Capital has updated its ethical superannuation funds, giving the division a rebrand, a tightened fossil fuels investment screen and laun...

    by Sarah Simpkins
  • Banks should shift target ROE

    A UBS analysis has said that banks may have to adjust their target ROE given the current environment is not favourable to high profitability...

    by Eliot Hastie
  • Cooper Investors opens global fund to market

    Cooper Investors has opened its global endowment fund to external investors, the company’s first new wholesale unit trust launched to mar...

    by Sarah Simpkins
  • Interest rates will be lower for longer

    The interest rate environment across the world is at historic low and it will most likely stay that way for years to come. ...

    by Eliot Hastie
  • Morgan Stanley revenue down $517m

    Morgan Stanley has reported net revenues for the quarter ending 30 June down by 4 per cent or $517 million from a year ago, despite strong g...

    by Sarah Simpkins
  • NAB appoints new CEO

    After much speculation, NAB has appointed its new chief executive following the departure of Andrew Thorburn. ...

    by Eliot Hastie
  • Fitch Ratings downgrades Westpac, ANZ outlook

    Credit rating agency Fitch Ratings has changed its outlook on Westpac and ANZ from “stable” to “negative”, following APRA’s updat...

    by Sarah Simpkins

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