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Showing 1501 - 1510 of 5948 results for "Banks"

Banks can take lead on financial inclusion

DARREN SNYDER  |  TUESDAY, 16 JAN 2018
Innovative non-bank institutions will fill the financial inclusion gap in Asia Pacific if traditional banks do not secure an estimated $110 billion in untapped revenue. This is a key point from the latest EY report on financial inclusion - a term which ...

Citigroup takes action on pay inequality

JAMIE WILLIAMSON  |  TUESDAY, 16 JAN 2018
... leadership role on the gender pay gap never before seen from any of its US peers. "This is a tipping point for the Wall Street banks. We expect women will not only receive the pay they deserve at Citi, the company will reap the benefits of talent acquisition ...

Fintechs gear up for open banking

JAMIE WILLIAMSON  |  TUESDAY, 16 JAN 2018
... retrieval, analysis and categorisation solutions. Proviso was founded in 2013 by Luke and Dallin Howes and counts major banks and non-bank lenders among its clients. The timing was right for Proviso to tap into a wider network of customers, while also ...

Siri and Alexa: The future of banking?

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2018
... are risks associated to consider, he warned. "Eventually, artificial intelligence will become so advanced that consumers, banks and other third party service providers will need to balance the convenience of these experiences with data privacy. Customers ...

Chief economist update: Bond sell bomb shell

BENJAMIN ONG  |  THURSDAY, 11 JAN 2018
... for Gross' bearish bond stance: "Rising nominal U.S. GDP that will stoke inflation, reduced purchases from global central banks, and higher budget deficits in the US." True that and perfectly rational, particularly given the previous day's commotion ...

Aussie currency drives fund launch

DARREN SNYDER  |  WEDNESDAY, 10 JAN 2018
... as the implications of Basel III begin to take hold. The international investment giant said under Basel III regulations banks are no longer able to rely on clients' 'non-operational' cash deposits for their liquidity tests. This means investors will ...

Only way is up for global economy: Baur

DARREN SNYDER  |  TUESDAY, 9 JAN 2018
... and are looking ahead," Baur said. In the last decade or so people around the world were scared of relapse; the central banks were worried about deflation and Baur thinks those worries are going away. He said it's important to keep the distinction between ...

NAB refunds home loan customers

KARREN VERGARA  |  TUESDAY, 19 DEC 2017
... compensation bill for charging ongoing advice fees, but failed to provide actual general or personal advice. AMP and the big four banks collectively refunded $215.9 million to customers; NAB is due to pay a further $1.3 million.

Big 4, AMP fork out massive compensation bill

KARREN VERGARA  |  MONDAY, 18 DEC 2017
AMP and the big four banks refunded customers $215.9 million for charging ongoing advice fees that failed to provide actual general or personal advice. ASIC said this was in addition to the fees-for-no-service compensation figures identified in Report ...

Expecting the expected

BENJAMIN ONG  |  MONDAY, 18 DEC 2017
... expected and well-telegraphed 25 basis point rate hike. But while the Fed was CB of the week, other major world central banks also met and did what they signalled they'll be doing. And just as the Fed, they see 2017's stronger growth-low inflation dynamics ...