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Showing 1371 - 1380 of 5948 results for "Banks"

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
"We're going to drain the swamp." This was one of US President Donald Trump's battle cry when he was still campaigning for the top job in America. It looks like he's on his way to fulfilling this promise but instead, Trump's draining ...

ABA appoints deputy chair

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
... rewrite of the Banking Code of Practice. There is no doubt his wise counsel and guidance will be missed by all ABA member banks," ABA said in a statement. Before Bendigo Bank, Hirst worked with Colonial First State, AMP Bank and Westpac with 35 years' ...

Qualitas creates LIT, enters retail market

DARREN SNYDER  |  FRIDAY, 29 JUN 2018
... investment market. The listed investment trust (LIT) will focus on commercial real estate debt, a sector where Australia's banks are pulling back, Qualitas said. The $2 billion manager isn't claiming to be a pioneer in commercial real estate ...

Cryptocurrencies on radar but not priority: RBA

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
... The Reserve Bank has closely followed developments in the crypto sphere for about five years. It works with other central banks as well as interacts with big and small entities active in cryptocurrency, according to RBA head of payments policy Tony Richards. ...

Wealth fintech partners with Milliman

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
... struck a deal with BT Panorama. Ignition Wealth operates as software as a service (SaaS). The funds are held by clients like banks, insurance companies, and superannuation funds. Ignition doesn't hold any funds. The company says it currently reaches ...

ASIC not to blame for trust deficit: Shipton

JAMIE WILLIAMSON  |  TUESDAY, 26 JUN 2018
... asking whether he recognised ASIC had not appropriately protected consumers in the past, particularly when dealing with banks and other large institutions. "I would not cast it that way, with due respect. ASIC has been doing its extreme best under the ...

Bank customer trust plummets: Research

KARREN VERGARA  |  TUESDAY, 26 JUN 2018
... communications director Norman Morris said: "It is not surprising given the current level of negative publicity involving banks and the Royal Commission, that satisfaction with banks and customer advocacy levels are showing declines from the start of ...

Dover exit renews self-licensing calls

ALEX BURKE  |  MONDAY, 25 JUN 2018
... licensee before Dover, and/or do other assessments of the person's competence." On the institutional side, with the big four banks largely unwinding their advice operations and AMP under increased scrutiny - IOOF declined to comment on its appetite for ...

Chief economist update: Lessons from the last world trade war

BENJAMIN ONG  |  MONDAY, 25 JUN 2018
... centre of the issue, it's anybody's guess. But the fact is it's already worrying the world's biggest central banks, which expressed their concerns at the ECB Forum on Central Banking held at Sintra, Portugal on 18-20 June. US Fed Chairman ...

CBA to demerge CFS, mulls further CommInsure sell-off

JAMIE WILLIAMSON  |  MONDAY, 25 JUN 2018
... responds to continuing shifts in the external environment and community expectations, and addresses the concerns regarding banks owning wealth management businesses," Comyn said. "By allowing CBA and CFS Group to focus on their core businesses and market ...