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Showing 141 - 150 of 1021 results for "Financial Institutions"

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
... financial markets," the statement said. "The strict capital and liquidity requirements applicable to Swiss financial institutions ensure their stability. Credit Suisse meets the capital and liquidity requirements imposed on systemically important banks. ...

No systemic risk with SVB, but issues remain: Experts

CASSANDRA BALDINI  |  WEDNESDAY, 15 MAR 2023
... carefully assess the lagging impacts of higher rates, particularly when it comes to non-systemically important financial institutions and some other non-banking financial institutions, which lack strict regulation." The pair have positive views of the ...

Dodgy advice bill nears $5bn: ASIC

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
Providing its final update on institutions' financial advice remediation programs, ASIC calculated AMP, ANZ, Commonwealth Bank (CBA), Macquarie, NAB and Westpac have so far paid a combined $4.7 billion. The remediation programs included in ASIC's update ...

Government introduces FAR, CSLR Bills

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... introduction of the CSLR and FAR laws, saying the new measures are critical for safeguarding consumers and holding financial institutions accountable for their actions. "When you have lost money due to poor advice or misconduct, you should not be denied ...

Advice firm launches Sharia-compliant platform

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
... Australia," he said. "Muslims have faced the tough choice of having to compromise their faith when dealing with financial institutions in Australia. That has now changed."

ART appoints new board, investment committee members

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... committee chair of HESTA. He has also been chief executive and chief investment officer for major investors and financial institutions globally and in Australia. Former agent-general for Queensland in the UK and Northern Island Trade and investment commissioner ...

Mercer embroiled in greenwashing allegations

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... greenwashing conduct, and it reflects our continuing efforts to ensure sustainability-related claims made by financial institutions are accurate," she said. By taking Mercer to the Federal Court, ASIC is seeking declarations and pecuniary penalties. ...

Super fund advice needs more guardrails: Conference

KARREN VERGARA  |  MONDAY, 27 FEB 2023
... SMSFA Conference, forging ahead with the idea that financial advice should be easily accessible within financial institutions. Given that Australians' relationship with their superannuation fund is for the long haul and might be the longest one they ...

Fund selectors insulating portfolios, embrace active management: Natixis IM

ANDREW MCKEAN  |  FRIDAY, 17 FEB 2023
... expected to see the biggest allocation increase in 2023. Summarising the survey, Natixis IM head of global financial institutions Matt Hebron said: "Professional fund selectors have genuine concerns about what 2023 will bring, as they anticipate elevated ...

Jameson TTB, ANZ partner to deliver housing project

CASSANDRA BALDINI  |  MONDAY, 13 FEB 2023
... undersupply of adequate specialist disability housing, and the sector has largely been underfunded, with few financial institutions investing in this space," he explained. "It is great to be working with ANZ again. Our shared values and goal of providing ...