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Showing 1771 - 1780 of 5948 results for "Banks"

Clinton or Trump or bust?

BENJAMIN ONG  |  MONDAY, 7 NOV 2016
... another 2% at the close of trade last Friday to a reading of 22.5, the highest since June this year -- but the major central banks that held policy deliberations last week also decided to play it safe or save ammunition... just in case. The US Federal ...

ANZ wealth sale marks end of an advice era

ALEX BURKE  |  FRIDAY, 4 NOV 2016
... potential sale of its wealth business will send ripples through the succession plans of many advice businesses now that banks can no longer be considered a "buyer of last resort." During a media briefing discussing the bank's full-year results to September ...

NZ Super Fund settles stake in Kiwibank

KERRIE SYDEE  |  WEDNESDAY, 2 NOV 2016
... reinvesting $90 million of its proceeds back into Kiwibank to make its capital ratios comparable with other major New Zealand banks and will support further growth in the business.

HLB Mann Judd launches new advice arm

KERRIE SYDEE  |  TUESDAY, 1 NOV 2016
... now be well placed to meet that increasing demand. "There are many new lenders in the market in addition to the big four banks, that can provide very competitive loan products. This is especially the case more recently with the tighter lending restrictions ...

Australian Unity appoints senior insto BDM

ALEX BURKE  |  THURSDAY, 27 OCT 2016
... report to head of distribution Damen Purcell, who said: "Boyd has a wide range of existing relationships including private banks, wealth managers, stockbrokers, family offices and financial advisers, and these will stand him in good stead in the new ...

Impact investing delivers wide reaching returns

KERRIE SYDEE  |  WEDNESDAY, 26 OCT 2016
... FY15 investment transactions comprising debt finance to social enterprises, with green bonds issued by major Australian banks dominating the increase in dollar value of investment in FY15. "The data reveals a diversity of investment activity, that is ...

CBA in world-first blockchain transaction

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2016
The Commonwealth Bank and Wells Fargo have embarked on the first global trade transaction between two independent banks via blockchain. The transaction involved a shipment of 88 cotton bales from Texas to Qingdao, China using a distributed ledger known ...

Munchenberg to exit ABA

JAMIE WILLIAMSON  |  FRIDAY, 21 OCT 2016
... environment in the wake of the global financial crisis and more recently as the industry has strived to better explain the role banks play for customers, the community and the Australian economy," Thorburn said. The ABA has also welcomed the release ...

Tobacco and super funds must split

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2016
... with more than 100 financial organisations globally and having discussions with a large number of other local super funds, banks, insurers and fund managers. Altius Asset Management is among the supporters, having established the Altius Sustainable Bond ...

MySuper transition costing retail members

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2016
... are fulfilling their legal duties to put the interests of members over profits generated by wealth businesses inside the banks," Whiteley said. The issue is not unique to the default sector, according to ISA, with estimates suggesting that a third of ...