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Showing 1021 - 1030 of 4760 results for "Banking"

Macquarie cash offering soars

ALLY SELBY  |  FRIDAY, 17 APR 2020
... advisers look to safeguard their client's wealth amid the COVID-19 crisis. Speaking to Financial Standard, Macquarie banking and financial services head of payments and deposits, Olivia McArdle, said the bank decided to lift the interest rate on ...

Not safe to launch: APRA

HARRISON WORLEY  |  WEDNESDAY, 8 APR 2020
... funds, banks and insurers. In a letter to license applicants the prudential regulator said it was concerned new entrants to banking, superannuation and insurance would fail if they were launched during the COVID-19 crisis, noting even those which take-off ...

Chief economist update: COVID-infected Aussie stats trickle in

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2020
... 0.25%. A target for the yield on three-year Australian Government bonds of around 0.25%. A term funding facility for the banking system, with particular support for credit to small and medium-sized businesses. Exchange settlement balances at the Reserve ...

Open banking to charge on

ELIZA BAVIN  |  TUESDAY, 7 APR 2020
The consumer watchdog has confirmed the launch of open banking will go ahead at the July 1 deadline as a means to help drive competition. ACCC chair Rod Sims said he believes a key driver of reform, and greatly improved competition in financial services ...

Business unusual: COVID-19 threats facing real estate

ALLY SELBY  |  THURSDAY, 2 APR 2020
... positive that "things can turn out much better" than during the GFC. "This time around we are dealing with a much healthier banking system; we are dealing with a credit market situation that overall has not, especially in real estate, taken unnecessary ...

Atlas Advisors adds to leadership

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
... Swanger also spent a significant portion of his career at Macquarie Group, where he was global chief investment officer for banking and financial services. He is non-executive director of Cashwerkz, Wisr and Xinja. "Craig has experience building investment ...

Opportunities and threats amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 2 APR 2020
... reducing and exiting the outperformers is an approach that we have found has worked well in these type of markets." The banking sector is posed for significant losses, Potter said. "Banks are highly leveraged with both financial and operational gearing ...

GDP to contract 10%: CBA

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
... the announcement on March 20 that CBA will make repayment deferrals for all home loan customers. Group executive retail banking services, Angus Sullivan, said the bank is committed to supporting Australian households that have been financially affected ...

William Buck boosts private wealth office

ELIZA BAVIN  |  WEDNESDAY, 1 APR 2020
... his career, Bradley has worked in various senior roles within family office, accounting firms, private and investment banking as well as broking firms. He was most recently responsible for family office services as group head of investments with EWM ...

Hume calls for diversity in super fund mergers

HARRISON WORLEY  |  TUESDAY, 31 MAR 2020
... funds weak and smaller funds should look to emulate the likes of AustralianSuper and Sunsuper. In an address to the AFR Banking and Wealth Summit yesterday, Assistant Minister for Superannuation, Financial Services and Financial Technology Senator Jane ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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