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

Search Results

Showing 1541 - 1550 of 5948 results for "Banks"

Greater tech support needed for goals-based advice strategies

JAMIE WILLIAMSON  |  FRIDAY, 10 NOV 2017
... what you're talking about, and the reason they don't get it is because the rhetoric they're working from is from the four banks and that rhetoric isn't goals-based," he said. "So, they're pumping all their money into servicing the guys who can afford ...

Wealth, insurance arms hit banks' earnings

KARREN VERGARA  |  TUESDAY, 7 NOV 2017
The wealth management and insurance businesses continued to squeeze the margins of the four major banks in the full year to 2017, separate reports from EY and KPMG have found. A KPMG analysis of the major Australian banks' performance shows the insurance ...

Banking body appoints chief executive

JAMIE WILLIAMSON  |  TUESDAY, 7 NOV 2017
... opportunities for the sector," she said. Likewise, Lawrence is delighted to be joining the industry body for credit unions, mutual banks and building societies. The customer owned banking sector has a great deal to be proud of, particularly its customer ...

Oil's gift to central bankers

BENJAMIN ONG  |  TUESDAY, 7 NOV 2017
... merely a knee-jerk reaction but if the oil price continues to head north, it could be just the thing that makes central banks' wishes come true. That wish of course, is for higher inflation. And it could for oil's demand fundamentals are strengthening ...

Changed RBA rate expectations?

BENJAMIN ONG  |  MONDAY, 6 NOV 2017
Financial markets got what they wished for from the world's three biggest central banks that met last week. The Bank of Japan (BOJ), the Fed and the Bank of England (BOE) all delivered as expected but not without help from the repeated and reiterated ...

Quant manager ties momentum with machine

DARREN SNYDER  |  FRIDAY, 3 NOV 2017
... casting his net globally. "In machine learning you are competing against the quantitative fund managers and the investment banks same plus the internet giants as well. That has been a material eye opener for me," he said.

New consultancy bridges IFA support gap

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2017
... GreenZone Australia co-founder and partner, Geoff Rimmer, said a significant number of advisers exiting partnerships with large banks and institutions is not just a trend but a "movement." This year, about 400 advisers left the six largest institutions ...

Banks will step out of wealth: Medcraft

DARREN SNYDER  |  TUESDAY, 31 OCT 2017
Outgoing ASIC chair Greg Medcraft believes the big four banks will continue to sell wealth management arms because it's tough to restore the consumer trust repeatedly tarnished by these businesses. Speaking at a Sydney Financial Forum event yesterday ...

Two holds and a raise

BENJAMIN ONG  |  TUESDAY, 31 OCT 2017
Three of the world's biggest central banks will meet this week. The Bank of Japan (BOJ) had already started their monetary policy deliberations yesterday and is set to conclude later today. This is expected to be a non-event with policy unchanged and ...

BEAR has 'teeth': Treasurer

KARREN VERGARA  |  MONDAY, 30 OCT 2017
... warns. Morrison told the Financial Services Council and BT Political series breakfast this morning that the BEAR goes beyond banks writing "big cheques to absolve for any misdoings" - it is necessary to deter poor behaviour. Executives in breach of their ...