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Showing 1091 - 1100 of 5945 results for "Banks"

Super fund appoints investment lead

HARRISON WORLEY  |  MONDAY, 8 JUL 2019
... manufacturing, alcohol production and sales, tobacco, gambling, pornography and interest-earning financial institutions, such as banks. "We offer an attractive alternative based on socially responsible investing and place funds in healthcare, property ...

Open banking reforms a boon for fintech

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUL 2019
... With the new open banking regime now in effect, fintechs are set to reap the rewards of data sharing. As of July 1, the big banks are now required to share generic product data as part of the government's phased timeline for the introduction of open ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  THURSDAY, 4 JUL 2019
... economy's outlook (slowing as it is) is relatively better than its trading partners. This is the reason why other world central banks are maintaining or easing their respective monetary policies - and in the process cheapening their currencies - ...

Shadforth signs new tech partner

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUL 2019
... addition to the FinClear client stable. "It's great to see a strong, national brand like Shadforth join our community of banks, brokers and advisers," he said. "We've grown more than 200% over the 12 months, and this new partnership is really the icing ...

Chief economist update: The back-to-back rate cuts Australia has to have

BENJAMIN ONG  |  WEDNESDAY, 3 JUL 2019
I have a confession to make, I was a closet "no RBA rate cut in July" speculator, going against the 'Big Four' banks and financial market expectations that it would... cut interest rates by another 25 bps at its July 2019 board meeting. So soon ...

Investec scores ADI licence

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... foreign ADI. BNP Paribas, Societe Generale, UBS AG, Credit Suisse AG and Royal Bank of Canada are some examples of foreign banks that operate as ADIs in Australia. Deposit-taking activities are limited to a minimum of $250,000. Investec Australia chief ...

Financial scams smash Australia

HARRISON WORLEY  |  TUESDAY, 2 JUL 2019
... billion dollars lost. The survey questioned banking fraud risk, investigations and security personnel of eight Australian banks - 43 worldwide - about the threats they faced between 2016 and 2018, and found cyber related fraud to be a particular concern. ...

Chief economist update: RBA justified to cut rates or not

BENJAMIN ONG  |  FRIDAY, 28 JUN 2019
... unrealistic to expect a further reduction in the cash rate." But will it be as soon as next week? Australia's big four banks - ANZ, Commonwealth Bank, NAB, Westpac - think the RBA will announce a 25 bps reduction in interest rates at the conclusion ...

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
... global economic outlook has weakened, and downside risks related to trade activity have intensified. A number of central banks are easing their monetary policy settings to support demand. The weaker global economy is affecting New Zealand through a range ...

John Key under fire

ELIZABETH MCARTHUR  |  TUESDAY, 25 JUN 2019
... Greece or Portugal where there are people lined up for kilometres down the street trying to get their money out because the banks didn't have enough by way of reserve," Peters said. Peters also denounced Key for blaming the capital requirements mistake ...