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| | | ... stock market in the world," Diez said. "There is an incredible amount of firepower that consumers have sitting in their banks to propel investment in small businesses and consumption, and that's what is really going to get the economy going again." ... |
| | | | ... opaque, relying on outdated manual processes that lack transparency - raising the risk of counterfeit goods. It also said that banks and investment houses don't recognise that these products are assets, making them difficult to leverage financially. ... |
| | | | ... Barrett sees some merit in the proposals, which he believes will be welcomed by directors in superannuation, insurance, and banks. For him, the best initiative is the move to allow boards to delegate more operational matters to board committees. "When ... |
| | | | The boards of superannuation trustees, insurers, and banks are on notice, with APRA proposing changes to "strengthen and streamline" governance requirements. The regulator has released eight proposals in what marks the first "significant update" of ... |
| | | | ... pipeline, large skilled workforce, and advanced digital infrastructure. He also noted that Sydney is home to Australia's largest banks and dominates the country's venture capital and private equity activity. Deverall told the Summit that Sydney's advanced ... |
| | | | ... will make the life insurers more stable." "The life insurers (mainly Challenger) sometimes operate at a disadvantage to the banks when competing for short-term funds, and the differences in treatment should be addressed. The illiquidity premium cap over ... |
| | | | ... from diversified portfolios and effective risk controls. In the Australian market, the strong performance of the big four banks similarly created challenges for active managers, many of whom were underweight in these companies. But the slump in large ... |
| | | | ... El-Erian, who was chief executive of Harvard's endowment and PIMCO, published The Only Game in Town in 2016, presenting central banks as the key driver of the economic agenda. But now it's governments in the driver's seat, NSW Treasury Corporation chief ... |
| | | | ... "similar sector and market beta characteristics". The Australian market has long experienced the prolonged domination of large banks and resource stocks. Now, the US and Europe are experiencing a similar environment as a small number of large caps dominate ... |
| | | | ... going forward," Blackledge said. "The financial advice sector has transformed over the last 5-7 years, with the exit of the banks and the larger institutions and the rise of professional advisers. The investment AZ NGA is making in the industry will ... |
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