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Showing 1071 - 1080 of 4541 results for "Dollar"

ASIC recoups $40m from NAB and ANZ

ALEX BURKE  |  TUESDAY, 21 NOV 2017
NAB and ANZ will pay ASIC $20 million each to cover investigation costs over the banks' participation in the setting of the bank bill swap rate (BBSW). On November 10, the Federal Court ruled that both banks had attempted to engage in "unconscionable ...

FICAP announces new charity partner

DARREN SNYDER  |  FRIDAY, 17 NOV 2017
... believe it's critical for our sponsors to see the positive impact that FICAP's investment in our charities is having. Every dollar we bring in helps in raising a brighter future for Aussie kids," McLaren said. The FICAP Committee also announced Thursday ...

Major banks overlooking elder abuse

KARREN VERGARA  |  TUESDAY, 14 NOV 2017
... with silence by bank bosses who seem more focussed on delivering record profits for shareholders, developing multi-million dollar advertising and PR campaigns and cutting staff from branches, he said. "Cuts to frontline branch staff numbers and services ...

Morrison backs customer-owned banking reforms

KARREN VERGARA  |  FRIDAY, 10 NOV 2017
Treasurer Scott Morrison has backed the entire proposed reform package for the banking co-ops and mutuals sector in an effort to further increase competition in banking and financial services. The Hammond Review found a widespread lack of recognition ...

China poised for asset management boom

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2017
... or more local companies, Celeghin said. "In contrast to the rest of the world, China is the only large, multi-trillion dollar asset management market that has seen net new flows in excess of 30% on average for the past five years."

Beyond 6000

BENJAMIN ONG  |  WEDNESDAY, 8 NOV 2017
... year, aided by the RBA's 25 bps interest rate reduction to 2.25% in February and the corresponding drop in the Australian dollar exchange rate which hit a low of US$0.6843 in the same year. The index made another run for 6000 again earlier this year ...

Wealth, insurance arms hit banks' earnings

KARREN VERGARA  |  TUESDAY, 7 NOV 2017
... While this has become more prevalent in Europe in the last two years, many banks have been "disappointed by the tangible dollar value that they have been able to realise." EY conducted a similar analysis, highlighting the banks proactively working with ...

Fed does the expected, will do as expected

BENJAMIN ONG  |  THURSDAY, 2 NOV 2017
... this is transitory and "reflects the influence of unexpected movements in oil prices and the foreign exchange value of the dollar, as well as that of idiosyncratic developments unrelated to broader economic conditions" that would eventually "fade away". ...

Macquarie tops Australian asset manager list

ALEX BURKE  |  TUESDAY, 31 OCT 2017
... WTW said that the growth in Australian assets under management was impacted somewhat by the increasing strength of the US dollar. WTW also noted the rise of passive strategies: while the majority (78.4%) of assets are still managed actively, passive ...

Australian trustee hits top 10 responsible investment list

ALEX BURKE  |  WEDNESDAY, 25 OCT 2017
An Australian superannuation trustee is in the top 10 list of the world's most responsible asset allocators, according to a non-partisan US think tank. New America's Bretton Woods II program, which develops analytic tools and advocacy strategies for ...