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Showing 101 - 110 of 521 results for "Banking Sector"

No big deal or not yet?

BENJAMIN ONG | MONDAY, 27 NOV 2017

... their shareholders. Authorities have also introduced other measures, such as restrictions in loans to the shadow banking sector, and there is a general view that China is stepping up the deleveraging of its domestic economy". This, in turn, sent Chinese ...

Westpac to welcome new chief risk officer

JAMIE WILLIAMSON | MONDAY, 13 NOV 2017

... Holcomb for her contribution, saying she played a key role in navigating the group through a challenging time for the banking sector. "Her insightful and collaborative approach has been critical as we continue to respond to a changing economic and regulatory ...

Banking body appoints chief executive

JAMIE WILLIAMSON | TUESDAY, 7 NOV 2017

... warmly welcomes Lawrence and is looking forward to the role he will play as a representative for the customer owned banking sector. "Michael's strong background and experience as a leader will enable him to immediately take up a busy advocacy agenda. ...

Lack of expertise driving down competition: APRA

ALEX BURKE | MONDAY, 18 SEP 2017

... phased approach to licensing. Initially, the phased approach is intended to support increased competition in the banking sector by reducing barriers to new entrants, particularly those with innovative business models, including greater use of technol ...

Financial services not immune to public inquiry

KARREN VERGARA | TUESDAY, 25 JUL 2017

... in restoring consumers' trust and confidence, it is still not immune to the threat of a public inquiry like the banking sector is currently facing. The industry and its individual organisations cannot afford for misconduct to be identified and made public ...

Government paves the way for open banking

EMMA RAPAPORT | FRIDAY, 21 JUL 2017

... able to grow and become internationally competitive unless there are less barriers for challengers to enter the banking sector and provide greater choice for consumers," FinTech Australia chief executive Danielle Szetho said. Banks and industry groups ...

APRA sets new capital target for the big four

ALEX BURKE | WEDNESDAY, 19 JUL 2017

... the Australian community." "Capital levels that are unquestionably strong will undoubtedly equip the Australian banking sector to better handle adversity in the future, and reduce the need for public sector support. However, a strong capital position ...

Fintechs must collaborate, not disrupt: Report

KARREN VERGARA | FRIDAY, 16 JUN 2017

... responsive is difficult compared to fintechs' agility and nimbleness. It is therefore critical for fintechs and the banking sector to work together to combat the looming threat posed by Apple and Amazon, the report urged. "Banks and fintechs should adopt ...

Senior executives sworn to secrecy over bank levy

JAMIE WILLIAMSON | THURSDAY, 18 MAY 2017

... become a secret tax - one that will raise more than $6 billion over the next four years and profoundly impact the banking sector, customers and shareholders. "A totally unacceptable public policy process has gone from bad to worse. This is likely to ...

Financial dispute authorities combined for 'one-stop-shop'

EMMA RAPAPORT | TUESDAY, 9 MAY 2017

... which set it apart from other financial products," Fahy said. The government will be hoping the overhaul of the banking sector package will be enough to fend off calls by the Labor Party for a royal commission into the banking sector.

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Aware Super reshapes governance team, appoints chief risk officer

VINNY VUCAGO | 12:28PM

Aware Super has announced a leadership reshuffle, appointing a new chief risk officer amid the departure of its long-serving group executive of legal.

IFM lifts stake in Atlas Arteria to 40% after upping offer price

RIDDHIMA TALWANI | 12:37PM

IFM Investors has raised its stake in Atlas Arteria from 34.5% to 38.3% in an on-market stock purchase, just a day after it raised its offer price for the toll road operator to $5.10 per security.

Zenith bolsters research, investment capabilities with new hires

MATTHEW WAI | 10:54AM

Zenith has announced two senior appointments to strengthen its research and portfolio management divisions.

Regulators push for stronger stress-testing capability, resilience

KARREN VERGARA | 11:52AM

The ability to remain resilient and manage liquidity pressures amid severe, multi-dimensional stress scenarios is an area of focus that APRA and ASIC want superannuation funds to improve.

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