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Showing 1341 - 1350 of 5948 results for "Banks"

ARCO takes a net short on Australian financials

KANIKA SOOD  |  WEDNESDAY, 1 AUG 2018
... financials, as he sees regulatory developments compounding the spike in wholesale funding costs and credit cycle risks. Regional banks are among his short positions, as he sees some of them ill-prepared to tackle all three challenges. "We don't tend ...

Chief economist update: At the core-core of it

BENJAMIN ONG  |  TUESDAY, 31 JUL 2018
Financial markets could have a brand new worry (or not) depending on the outcome of the Bank of Japan's (BOJ) monetary policy meeting that's due to conclude this day. The 30-31 July meeting is particularly significant given last week's flare-up ...

Industry bodies respond to RG97 review

KARREN VERGARA  |  THURSDAY, 26 JUL 2018
... platform operators regulation should be reviewed. More than $500 billion is invested through platforms typically owned by banks and wealth management groups, and used by financial planners, he said. "Much of the complexity is driven by the structure ...

Airlie backs financials but wary on banks

DARREN SNYDER  |  THURSDAY, 26 JUL 2018
... Management and its first pitch to retail investors includes an investment thesis which currently excludes three of the big four banks from its concentrated Australian share portfolio. Magellan's acquisition of Airlie Funds Management allowed the ...

AFCA funding lacks transparency: AIST

KARREN VERGARA  |  THURSDAY, 26 JUL 2018
... retirement savings were used to fund the resolution of disputes unrelated to superannuation, such as complaints against banks and financial advisers," she said. Furthermore, Scheerlinck said there needs to be more clarity around AFCA's cost recovery ...

Banks take 1500 days to identify breaches: ASIC

KANIKA SOOD  |  THURSDAY, 26 JUL 2018
Big banking groups are taking an average of 1500 days to internally identify breaches in conduct, ASIC chair James Shipton said in his address at the FSC Summit in Melbourne today. And this is only the first step in the reporting the breach to ASIC ...

Chief economist update: Laissez faire

BENJAMIN ONG  |  WEDNESDAY, 25 JUL 2018
... its economy. And it's not only Beijing; other emerging markets have also been hit prompting their respective central banks and governments to enact mitigating strategies. This time of synchronised global growth (or no longer?) should be the time ...

Advice firm partners for lending expertise

JAMIE WILLIAMSON  |  TUESDAY, 24 JUL 2018
... Cardena recognised an opportunity in the fact that people are seeking lending solutions from providers other than the big banks. "Consumers in growing numbers are seeking more competitive products, pricing and alternatives when it comes to home loans ...

Chief economist update: BOJ to stop throwing good money after bad?

BENJAMIN ONG  |  TUESDAY, 24 JUL 2018
... to allow for a more natural rise in long-term interest rates to alleviate the reduced profitability/losses among Japanese banks due to close to zero long term rates. That might be but the financial markets' reaction would make the BOJ want to stop ...

Three attempts at adviser exam is fair: Poll

KARREN VERGARA  |  MONDAY, 23 JUL 2018
... differences in difficulty among different versions of the tests." In our new poll, we ask: With the real estate market cooling and banks tightening lending, it's critical to reassess investment strategies within the property asset class. Do you agree? ...