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Showing 1371 - 1380 of 17948 results for "Bank"

Spark adopts two fintechs

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... financial advice and wealth management software. It partnered with Practifi last year and is used by global firms such as Lloyds Bank and St. James's Place. Spark Financial Group chief executive Arthur Kallos said the partnership with Oko Platforms ...

Some explanations have missed the mark: Lowe

CASSANDRA BALDINI  |  FRIDAY, 8 SEP 2023
Outgoing Reserve Bank of Australia (RBA) governor Philip Lowe has spoken of the difficulty of navigating his tenure in an era dominated by social media and clickbait, and said he remains confident the bank's decisions supported the population's economic ...

Australian Retirement Trust hunts new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 7 SEP 2023
... Scheme, Alcoa Super, Woolworths and Endeavour Group, and Oracle Super, as well as ongoing mergers with AvSuper and Commonwealth Bank Group Super.

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
The Reserve Bank of Australia (RBA) has decided to leave interest rates unchanged at 4.1%, however, it flagged that inflation remains too high. During governor Philip Lowe's last monetary policy meeting, the RBA said its reason for holding rates ...

Government passes FAR legislation

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
The Financial Accountability Regime (FAR) passed the upper and lower houses of parliament yesterday, more than four years after it was first introduced. The Financial Accountability Regime Bill 2023 will apply to the banking industry six months after ...

Financial hardship neglect lands Westpac in court

KARREN VERGARA  |  TUESDAY, 5 SEP 2023
ASIC is suing Westpac for neglecting more than 200 customer hardship requests over seven years, for which the bank blames "technology failure". ASIC commenced civil penalty proceedings in the Federal Court, alleging that Westpac failed to respond to ...

Income Asset Management appoints head of sales

ANDREW MCKEAN  |  TUESDAY, 5 SEP 2023
... Prior to joining IAM, Labib held roles at UBS on its equity sales desk, FIIG Securities in fixed income sales, and Deutsche Bank in foreign exchange sales. IAM co-head of capital markets James Shillington said the appointment of Labib comes at a time ...

NZ Super Fund secures stake in Euroclear

CASSANDRA BALDINI  |  MONDAY, 4 SEP 2023
... including transaction settlement, asset servicing, and collateral management. The Euroclear group includes the Euroclear Bank and the International Central Securities Depositories. Further, it operates the national Central Securities Depositories in ...

Returns from agriculture a perfect storm of demographics, demand

ANDREW MCKEAN  |  FRIDAY, 1 SEP 2023
Demographic shifts, rising food demand, inflation hedging, and ongoing farm consolidation are revolutionising how the world produces food and invests in the agriculture sector. Speaking at the AIST ASI Conference this week, Warakirri Asset Management ...

Latest CPI data provides case for rate pause

CHLOE WALKER  |  THURSDAY, 31 AUG 2023
Inflation in Australia has slowed to its lowest level in a year and a half, encouraging thoughts that the Reserve Bank of Australia (RBA) tightening cycle has peaked. The Australian Bureau of Statistics (ABS) revealed the consumer price index (CPI) ...