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Showing 1301 - 1310 of 5947 results for "Banks"

Hayne admonishes ASIC

KARREN VERGARA  |  FRIDAY, 28 SEP 2018
... noted it hasn't taken public steps to pointing to any deficiency in the governance and risk culture of any of the major banks or other large financial services entities falling within its remit.

Labor proposes RC implementation task force

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
... Liberals [were] tooth and nail against the establishment of a Royal Commission for 600 days. They wanted to protect the banks, in fact they wanted to give the banks a $17 billion tax cut," she said. Won't cause credit crunch Plibersek denied that ...

RBNZ on ice into 2020

BENJAMIN ONG  |  FRIDAY, 28 SEP 2018
... New Zealand and the United States. One, that's been underscored by the policy decisions of their respective central banks on the same day - 26 September. The US Federal Reserve raised the fed funds rate by 25 bps to 2.0%-2.25% on the day, the dot ...

AMP ditches SMSF lending

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
... chairman, David Murray, has been one of the most vocal critics of self-managed super fund property lending," she said. "Banks are focused on reducing risk in their loan books. In a falling property market, it's not surprising we're seeing lenders ...

Make sure you have cash: Geoff Wilson

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
... regulatory costs are going up, a WAM portfolio manager said. The manager said from speaking to all CFOs at the four major banks, they don't see any major threats. This is partly because banks are "pre-empting the changes" that may come out of the ...

Industry veterans join global commission

DARREN SNYDER  |  MONDAY, 24 SEP 2018
... Liechtenstein with the Australian Government and the UN University Centre for Policy Research, as well as partnerships with banks and philanthropic foundations among others.

ASIC extends relief to foreign financial services firms

KARREN VERGARA  |  MONDAY, 24 SEP 2018
... proposing a modified licensing regime for foreign firms servicing wholesale clients in Australia. This included investment banks and wholesale managed funds. ASIC said its approach would provide it with a broader range of tools to regulate the activities ...

Choice members worse off in retirement: Research

KARREN VERGARA  |  TUESDAY, 18 SEP 2018
... executive Eva Scheerlinck said the findings were timely given the "damning evidence" that came out of the Royal Commission into banks and insurance super funds. "The time has come for every Australian to carefully examine their super and consider the ...

University students to run hedge fund

KANIKA SOOD  |  MONDAY, 17 SEP 2018
... attract, nurture and build human capital for the industry. "Many of us older industry folks hail from broker firms, investment banks or other disciplines because there was simply no clear path to forge a career in hedge funds out of university," he said. ...

New accounting standards put pressure on life insurers

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
... insurers have been given the option to delay IFRS 9 in order to align it with the implementation of IFRS 17 - whereas for banks, it is already in force. "Given the significant investment holdings by insurers, which are subject to the new requirements ...