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Showing 1731 - 1740 of 5948 results for "Banks"

Decimal secures funding from $72bn consortium

ALEX BURKE  |  WEDNESDAY, 18 JAN 2017
... explained: "When internet banking first started, people realised that it was a perfect application for banking, but the banks said, 'Woah, hang on, it's not safe. The internet is okay to use for doing a silly search or buying a bicycle, but we can't ...

CBA receives top sustainability endorsement

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JAN 2017
... the world's most sustainable companies, assessing them on 10 key KPIs specific to their sector. The 10 KPIs applicable to banks are energy productivity, carbon productivity, water productivity, waste productivity, percentage tax paid, CEO to average ...

SMSF investors trade during market volatility

EMMA RAPAPORT  |  MONDAY, 16 JAN 2017
... also showed that in 2016, SMSFs held equities across a broad range of industries, with more than 20 sectors represented. Banks were by far the most popular equities, making up more than 32% of SMSF holdings, followed by materials (11 %), telecommunications ...

Credit where credit is not due

BENJAMIN ONG  |  FRIDAY, 13 JAN 2017
... asset bubbles and mitigate financial risks. However, fresh Chinese credit data shows that the opposite is happening. Chinese banks extended some CNY1.04 trillion in new yuan loans in December, up from CNY0.79 in the previous month and far higher than ...

Global investors missed turning point

DARREN SNYDER  |  TUESDAY, 3 JAN 2017
... manager says the Global Financial Crisis clouded a crucial economic turning point that is beyond the powers of politicians, banks and geographies. Insync Funds Management chief investment officer, Monik Kotecha says in 2011 the world reached "peak child" ...

Regulator finalises ANZ compliance review

ALEX BURKE  |  FRIDAY, 23 DEC 2016
... the time, ASIC deputy chair Peter Kell said: "Appropriate compliance and systems to monitor compliance are essential for banks to adhere to their AFS obligations. This is important in maintaining customer trust and confidence in the sector." "ASIC expects ...

Two of the big four in ASIC spotlight

ALEX BURKE  |  THURSDAY, 22 DEC 2016
... and Commonwealth Bank of Australia following an investigation by the corporate regulator. The undertakings relate to the banks' wholesale spot foreign exchange businesses. ASIC determined both NAB and CBA did not implement adequate controls to prevent ...

Top 10 financial planning stories in 2016

STAFF WRITER  |  TUESDAY, 20 DEC 2016
... big players are re-evaluating their commitment to wealth management. Unlike many international counterparts, Australian banks have typically muscled through weaker economic conditions and delivered bumper profits and dividends to shareholders. This was ...

Trump to boost Aussie commodities

JAMIE WILLIAMSON  |  TUESDAY, 20 DEC 2016
... strong economic growth, so if Mr. Trump's policies work, they also stand to benefit." SSGA also highlights the potential for banks, insurers and diversified financials to benefit from the RBA possibly moving away from its policy of loosening as rates ...

Super skimming adviser permanently banned

JAMIE WILLIAMSON  |  MONDAY, 19 DEC 2016
... adviser was permanently banned by ASIC for acting dishonestly and engaging in misleading and deceptive conduct. Stewart Banks was a representative of Professional Investment Services (PIS) - a wholly-owned subsidiary of Centrepoint Alliance - from April ...