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Showing 1071 - 1080 of 5945 results for "Banks"

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
... prediction (made two days prior) that the RBA is heading to zero. Read governor Lowe's lips: "Globally, if all central banks go to zero, then we'd have to consider that as well."... and more, if necessary: "We are prepared to do unconventional ...

Chief economist update: Bonds do the limbo rock

BENJAMIN ONG  |  FRIDAY, 9 AUG 2019
... easing" or "the targeted use of fiscal policy to support any unconventional monetary policy," it says. Surely, other central banks are doing the same. But with bond yields (cost of government borrowing) this low, it's time for fiscal policy to lend ...

Chief economist update: Race to the bottom redux

BENJAMIN ONG  |  THURSDAY, 8 AUG 2019
... US Federal Reserve cut the Fed funds rate again - by 25 bps to 1.75%-2% - as expected (or as Trump wants), other central banks may need to do more chopping. Given the low level of interest rates in most economies, and with inflation still positive, real ...

Fintech off to slow start in 2019: KPMG

KRISTI CHENG  |  TUESDAY, 6 AUG 2019
... perspective. Finally, KMPG reports that open banking continues to be a big driver of investment for both incumbent and challenger banks. It is expected to be the catalyst in developing partnerships that allow fintechs to grow, and open opportunities ...

ANZ scraps individual bonuses

HARRISON WORLEY  |  TUESDAY, 6 AUG 2019
... fixed and variable remuneration, in an effort to reduce the "negative impact" an over emphasis on individual bonuses within banks have on the community, according to chief executive Shayne Elliot. "We are taking action to rebalance the way we pay people ...

Chief economist update: Look out below

BENJAMIN ONG  |  TUESDAY, 6 AUG 2019
... late-1990's to mid-2000's when global economic activity was going gang-busters. But not now, not now when most major central banks around the planet are struggling to get inflation up to within their stated target rates - and this time, there's ...

More scrutiny for super fund, insurance firm chiefs

KARREN VERGARA  |  MONDAY, 5 AUG 2019
... insurance companies could soon face another inquiry that has traditionally put the blowtorch on the chiefs of the four major banks. The Coalition has asked that the House of Representatives Standing Committee on Economics to expand its remit to inquire ...

Chief economist update: Fed cut and Trump's war

BENJAMIN ONG  |  MONDAY, 5 AUG 2019
... the greater the uncertainty that is now hindering business investment - both in the US and its trading partners. Central banks are now easing or maintaining ultra-loose monetary policies in response. But as The Economist printed (in its discussion of ...

ASIC reveals advice remediation progress

HARRISON WORLEY  |  THURSDAY, 1 AUG 2019
A 2017 report by ASIC into how the big banks and AMP oversee financial advisers has netted less than $120 million in remediation to date. AMP, ANZ, Commonwealth Bank, NAB and Westpac have paid a total of $119.7 million [see figure 1] in remediation ...

Sydney portfolio manager on best female fundies list

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
... Australians, most of whom I have never directly met." Howitt was previously a research analyst for three years covering banks, insurers and diversified financials. Prior to that she was an analyst / portfolio manager with AMP Capital for the AMP Value ...