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Showing 1601 - 1610 of 3553 results for "October 2005"

CBA admits to anti-money laundering breaches, AUSTRAC flags new allegations

KARREN VERGARA  |  THURSDAY, 14 DEC 2017
CBA admitted systems glitches have led to it breaching anti-money laundering and counter-terrorism laws on more than 53,000 occasions, and flagged it is bracing itself for new allegations to be handed down by AUSTRAC. In filings submitted in response ...

J.P. Morgan secures $3.5bn custody mandate

ALEX BURKE  |  WEDNESDAY, 13 DEC 2017
Cementing its position as Australia's largest provider of custodial services, J.P. Morgan has won a mandate to manage $3.5 billion in insurance investment assets following a competitive tender process. Genworth Group, which offers mortgage lending insurance ...

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 ...

AAT upholds ruling against ex-Macquarie and ex-Credit Suisse advisers

EMMA RAPAPORT  |  TUESDAY, 12 DEC 2017
The Administrative Appeals Tribunal has affirmed ASIC's decision to ban a former Macquarie equities financial adviser and former Credit Suisse employee from providing financial services for three years. ASIC's decision to ban Tony Davidof and Philip ...

French giant intensifies action on global warming

JAMIE WILLIAMSON  |  TUESDAY, 12 DEC 2017
One of Europe's biggest banks is calling on the world's influential financial sector to lead the transition to a low-carbon economy. BNP Paribas chief executive Jean-Laurent Bonnafe said that as the engine of the economy that brings individuals, investors ...

ANZ sells life insurance business for $2.85 billion

ALEX BURKE  |  TUESDAY, 12 DEC 2017
ANZ has sold its life insurance business for $2.85 billion in a move that will make the purchaser Australia's largest retail life insurer. Completing what the bank described as a "simplification" of its wealth division, ANZ sold the business to Zurich. ...

Good news or bad news?

BENJAMIN ONG  |  TUESDAY, 12 DEC 2017
Depending on one's proclivity, the latest batch of higher than expected liquidity and lending data out of China could be either good or bad. Good because they're indicative of continued strong growth momentum in the Chinese economy. Bad because they ...

America is full

BENJAMIN ONG  |  MONDAY, 11 DEC 2017
There is nothing in the November US labour numbers to stop the Fed from delivering its "promised" third rate hike finale for 2017 this week. US employment increased by 228K in November following a 244K gain in October. This is greater than market expectations ...

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 ...

A case for faster wages growth (or not)

BENJAMIN ONG  |  WEDNESDAY, 6 DEC 2017
... previous month for its 14th straight month of expansion. The performance of services index increased to 51.7 from 51.4 in October - the ninth consecutive month that it's been above the 50 expansion/contraction line. Similarly, retail sales data released ...