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Showing 101 - 110 of 438 results for "Bankers"

Banking remuneration practices to blame for misconduct

MICHELLE BALTAZAR  |  FRIDAY, 28 SEP 2018
The industry's remuneration practices and policies played a major role in the banking misconduct uncovered by the Royal Commission Inquiry, the interim report found. Governance and risk management practices failed to prevent the misconduct where ...

Former Magellan executive appointed to Contango board

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... said in a statement. Prior to Magellan, she was UBS AG Australia's chief financial officer. Campbell has also worked at Bankers Trust Australia, Ernst and Whinney, and ABN Amro in a career spanning more than 25 years. CGA chair Roger Amos said Campbell ...

Chief economist update: Don't mind the gap

BENJAMIN ONG  |  FRIDAY, 17 AUG 2018
... shows the correlation between the NAIRU has broken down since around the middle of 2016 - one that's puzzling central bankers around the world and recently voiced out by US Federal Reserve Chairman Jerome Powell. It appears that, for Australia's ...

New fund to invest in "clean disruption" tech

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
An investment platform led by former Macquarie bankers has launched a new thematic fund that will invest in listed companies that produce and utilise clean disruption technology. AtlasTrends was founded in 2015. Since then, two of its three funds have ...

NAB recruits customer executive

KARREN VERGARA  |  MONDAY, 30 JUL 2018
... customer executive for the northern region in October 2018. She will be responsible for a team of business and private bankers across metropolitan New South Wales and Queensland. Faraci was previously general manager of regional and agribusiness banking ...

Chief economist update: Inflation genie still inside the box

BENJAMIN ONG  |  THURSDAY, 26 JUL 2018
The stats are out and they reveal that Australia's inflation genie is still inside the box. The Australian Bureau of Statistics' (ABS) consumer price index report showed headline inflation accelerated to 2.1% in the year to the June quarter ...

Chief economist update: Rate hike hawks in RBA dove's shadow

BENJAMIN ONG  |  TUESDAY, 26 JUN 2018
They're no mere mortals, they're three of the 10 highly-qualified and esteemed experts at the Centre for Applied Macroeconomic Analysis (CAMA) that currently sits as the CAMA RBA Shadow Board. They are Doctors Mark Crosby, Warwick McKibbin and ...

Chief economist update: Lessons from the last world trade war

BENJAMIN ONG  |  MONDAY, 25 JUN 2018
... productive by building walls?" Financial markets may have forgotten their history but from their comments, these top central bankers have not. Case in point, the Smoot-Hawley Tariff Act - enacted on 17 June 1930 - which increased the tariffs on US imports ...

Chief economist update: RBA not cruising for a bruising

BENJAMIN ONG  |  THURSDAY, 21 JUN 2018
... more quarters like this and Houston, we'll get a rate cut. However, Governor Lowe's recent statement at the central bankers' conference in Sintra, Portugal infers that the RBA would neither raise nor cut interest rates in the immediate future. "I ...

Chief economist update: Trade war and peace

BENJAMIN ONG  |  MONDAY, 18 JUN 2018
... US imports. It'll be pitiful if this escalates into an all-out global trade war and reverses the efforts of central bankers towards bringing abnormal monetary policies towards normality. Not when they are so near to achieving their goal, evidenced ...