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Showing 1561 - 1570 of 3232 results for "April 2016"

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 ...

Centrepoint Alliance names new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2017
The chief executive of an IOOF-aligned dealer group will take over leadership of Centrepoint Alliance in 2018. Shadforth Financial Group chief executive Angus Benbow has been named as Centrepoint's new chief executive, commencing April 2018. Benbow ...

Chinese financial services giant eyes Australian expansion

EMMA RAPAPORT  |  WEDNESDAY, 13 DEC 2017
A Chinese financial services juggernaut, which is also the world's most valuable fintech company, is extending its reach into the Australian market under a new partnership. Ant Financial, which operates mobile payment and lifestyle platform AliPay ...

Down, down business conditions are down

BENJAMIN ONG  |  WEDNESDAY, 13 DEC 2017
To say that you, I and Irene were surprised at last month's NAB business survey - that showed Australian business conditions rocketed to an all-time high in October but confidence hardly budged - is more than just an understatement for even the survey ...

Thinning trade surplus shaves A$

BENJAMIN ONG  |  FRIDAY, 8 DEC 2017
Financial markets expected Australia's trade surplus to narrow in October but not by this much. The Australian Bureau of Statistics'(ABS) 'International Trade in Goods and Services report showed that the country's trade surplus dropped to just A$105 ...

Japan on reverse cycle?

BENJAMIN ONG  |  TUESDAY, 21 NOV 2017
Everything that could go right is going right for Japan. Prime Minister Shinzo Abe won by landslide at the 22 October 2017 general elections, ensuring that sitting Bank of Japan (BOJ) governor Haruhiko Kuroda will be re-appointed when his term expires ...

SSGA sales head lands top job, successor named

DARREN SNYDER  |  TUESDAY, 14 NOV 2017
The head of managed fund sales at State Street Global Advisors in Australia is relocating to the US headquarters in Boston for a senior role. Starting in the new year, Amy Johnston will lead a sales team across the Americas servicing corporates, endowments ...

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 ...

The BOJ's boring Halloween

BENJAMIN ONG  |  WEDNESDAY, 1 NOV 2017
Halloween 2017 may have produced some palpitations as kids (and the kids at heart) went trick or treating, but for the Bank of Japan (BOJ) 'twas a fairly ho-hum event. At the conclusion of its 30-31 October policy meeting, the Japanese central served ...

Enter the dragon

BENJAMIN ONG  |  MONDAY, 23 OCT 2017
Good, bad or ugly, there were events a-plenty last week for speculators and investors to digest for guidance on what lies ahead. There's the lingering North Korean nuclear threat - although this has barely made it to headlines over the past week; there's ...