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Showing 1981 - 1990 of 5511 results for "September 2008"

Unclear disclosure costs bank $5m

KARREN VERGARA  |  MONDAY, 3 APR 2017
The Australian and Securities Investment Commission has forced Citibank to refund about $5 million to 230,000 customers for failing to properly disclose credit card international transaction fees. Citibank began charging international transaction fees ...

VFMC appoints new CIO, COO

JAMIE WILLIAMSON  |  FRIDAY, 31 MAR 2017
Victorian Funds Management Corporation named its new chief investment officer, recruiting a global executive from Mercer. Current Mercer global chief investment officer (Mainstream Assets) and chief investment officer (Pacific) Russell Clarke will replace ...

UK pension regulator puts responsible investing centre stage

EMMA RAPAPORT  |  FRIDAY, 31 MAR 2017
The UK pension regulator has outlined new investment guidance for trustees of defined benefit schemes and said attention needs to be given to environmental, social and governance factors. "Trustees need to take environmental, social and governance (ESG) ...

Confident with a capital C

BENJAMIN ONG  |  WEDNESDAY, 29 MAR 2017
Ole! Ole! Ole! Ole! US consumers must be partying like it's the year 2000 for they have not been this optimistic since December of that year. The Conference Board's consumer confidence index surged to a reading of 125.6 in March from 116.1 in the previous ...

Confidently improving

BENJAMIN ONG  |  FRIDAY, 24 MAR 2017
With one political uncertainty removed - last week's Dutch elections where Dutch Prime Minister Mark Rutte's People's Party for Freedom and Democracy (VVD) defeated the far-right leader Geert Wilders and his Party for Freedom (PVV), indicating the rejection ...

BTFG announces giant Panorama leap

DARREN SNYDER  |  THURSDAY, 23 MAR 2017
BT Financial Group will merge 12 superannuation funds into one as part of the rollout of its $630 million Panorama platform and in a major update of the wealth management business. Announced to the market this morning, BTFG will also move from four ...

ASIC permanently bans Queensland adviser

KARREN VERGARA  |  THURSDAY, 23 MAR 2017
The Australian and Securities and Investment Commission permanently banned a former Anne Street Partners financial planner for engaging in deliberate acts of dishonesty. Daniel Peter Logan, formerly of Brisbane, failed to comply with financial services ...

Higher and higher

BENJAMIN ONG  |  WEDNESDAY, 22 MAR 2017
The Australian Bureau of Statistics' (ABS) update on residential property prices brought home the Reserve Bank of Australia's current concerns and noted in its March monetary policy statement: "Conditions in the housing market vary considerably around ...

Labour costs rising

BENJAMIN ONG  |  TUESDAY, 21 MAR 2017
In its 9 March statement, the European Central Bank (ECB) stated that, "A very substantial degree of monetary accommodation is still needed for underlying inflation pressures to build up and support headline inflation in the medium term". However, if ...

One Direction and the BOE

BENJAMIN ONG  |  MONDAY, 20 MAR 2017
There's "One Direction (1D)" - the English-Irish pop music boy band -- and there's the Bank of England (BOE). Like the big event of March - the US Federal Reserve lifted the fed funds rate by 25 basis points to 0.75% - 1.0% at its 15-16 March FOMC meeting ...