Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1481 - 1490 of 5948 results for "Banks"

Market volatility ideal for fundamental investors: Expert

DARREN SNYDER  |  WEDNESDAY, 7 FEB 2018
... pipeline. It is currently underweight BHP and Rio Tinto. Potter added the value manager is also overweight financials as banks look attractive on all relative valuation measures. He is also overweight on insurers and fund managers "given compelling valuation ...

Chief economist update: Wall Street wails on inflation indications

BENJAMIN ONG  |  MONDAY, 5 FEB 2018
"Be careful what you wish for." It's a well-known truism in the current economic cycle that the world's major central banks (the BOE excluded) have been wishin' and hopin' and thinkin' and prayin' for inflation to climb to their target rates. It appears ...

Open banking regime to boost advice

DARREN SNYDER, KARREN VERGARA  |  MONDAY, 5 FEB 2018
... between 10 to 50% of potential customers baulking at handing over their banking passcode. There have also been concerns that banks are advising customers against giving their passcodes as a means of stifling competition, the association said. Paul Chapman ...

Institutional investors on the march in fixed income

DARREN SNYDER  |  WEDNESDAY, 31 JAN 2018
... respondents believe the global economy is strengthening, while 70% are neutral. Moreover, 35% of APAC respondents believe central banks in the region will move from quantitative easing to quantitative tightening. Investors in the region are most concerned ...

CBA embroiled in rate-rigging allegations

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2018
... specific occasions between 31 January 2012 and October 2012. Bank bills are short-term money market instruments used by banks to borrow or lend, which help determine the key reference rate in Australia's financial markets. Court filings show CBA, from ...

Institutions urged to overhaul outdated risk management practices

JAMIE WILLIAMSON  |  TUESDAY, 30 JAN 2018
... politicians and social media for unacceptable attitudes and behaviour?" Laughlin said. "The government has freely criticised the banks, subjected them to intense parliamentary scrutiny, and has announced its intention to impose new law on accountability ...

VanEck rejigs Australian leadership for APAC expansion

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2018
... Grigg is now also head of compliance - APAC; vice president of business development Nicholas Jackson will oversee private banks and family offices in the region; and Bradley Livingstone-Foggo is now responsible for leading the firm's marketing strategy ...

Derivatives costly and ineffective: Research

KARREN VERGARA  |  MONDAY, 29 JAN 2018
... returns since the global financial crisis. Investment returns in six of those years have been no lower than 8.7% as central banks around the world have flooded markets with liquidity, pumping up asset prices. However, market cycles continue and funds ...

Commonwealth Bank appoints new chief executive

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2018
... that CBA's total shareholder return during Narev's leadership is more than 120% - significantly ahead of the other major banks and the ASX 200 average for the same period. Narev said he is delighted to see Comyn will be taking over and described his ...

Paradice appoints portfolio manager from Northcape

ALEX BURKE  |  WEDNESDAY, 24 JAN 2018
... up remarkably well given benign wage inflation, primarily due to low interest rates and the property wealth effect. With banks squeezing rates and tightening lending practices and power prices rocketing, we do struggle to see where the tailwinds for ...