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Showing 171 - 180 of 5944 results for "banks"

Super fund adds to Payden & Rygel mandate

KARREN VERGARA  |  MONDAY, 25 NOV 2024
... alone career, are: a global pandemic, developed market inflation approaching double digits, and developed market central banks increasing interest rates by hundreds of basis points within a 12-month time horizon," he said. Last month, GSFM hired Ben ...

'Turbulent' environment expected in 2025: Robeco

ELIZA BAVIN  |  FRIDAY, 22 NOV 2024
... anticipated to offset some downside risks. If all goes very well, Robeco's bull scenario sees synchronised easing from central banks and steady disinflation which could lead to stronger-than-expected global growth. An easing of US-China trade tensions ...

ASIC sues NAB for failing customers

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
... appropriately support customers experiencing financial hardship," Longo said. "We will not hesitate to take decisive action when banks and lenders fail to comply with their obligations." ASIC is seeking declarations, pecuniary penalties, and adverse ...

Admin and compliance taking up 56% of advice practice costs

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
... fragmentation and inefficiencies that arose after the 2018 Financial Services Royal Commission, which led to the exit of major banks from providing advice. The industry is simply not equipped to meet the growing need for affordable, accessible advice," ...

Size of super industry on ASIC's radar

ELIZA BAVIN  |  FRIDAY, 15 NOV 2024
... of the system and we don't have the same tools we used to respond to that when credit was predominantly something for the banks." Constant said that is why ASIC has prioritised better disclosure from super funds so it can properly assess the risk factors. ...

Fair Work ruling, ASIC put offshoring arrangements on notice

KARREN VERGARA  |  THURSDAY, 14 NOV 2024
... Australia. "She was allocated files by email each day and was required to liaise with clients of MyCRA Lawyers and with banks and other credit agencies on behalf of those clients. She did so by telephone and email. She described the work as involving ...

Capital Group names managing director for APAC

MATTHEW WAI  |  WEDNESDAY, 13 NOV 2024
... years and was instrumental in fostering strategic partnerships with global financial intermediaries as well as regional banks. Dvorak also enjoyed a short spell at J.P. Morgan earlier in her career. In her new role, she will oversee Capital Group's relationship ...

Link between super and banking major priority in 2025: APRA

ELIZA BAVIN  |  MONDAY, 11 NOV 2024
... significant disruptions to financial markets, which will help us explore the impacts of liquidity stress between super funds and banks, and how their response impacts asset markets." McCarthy Hockey said an operational risk component will be added to ...

US election: Global investors fear inflation boom

ELIZA BAVIN  |  THURSDAY, 7 NOV 2024
... said. The main concern over tariffs for the global economy is the knock-on effect they could have on inflation. Central banks around the world have been tackling the sticky inflation problem, but tariffs could drive the price of goods back up. GSFM investment ...

Australian Unity offloads banking business

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
... Australian Unity said the evolution of banking in Australia has placed increased demands on smaller credit unions and mutual banks to operate and remain competitive. It said increased investment would be required, particularly in the digital space, and ...