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| | | Wells Fargo has become the third major US bank to take action on gender and ethnicity pay gaps. Responding to shareholder pressure the bank released the findings of its most recent pay equity study. It showed women working for Wells Fargo in the US ... |
| | | | In responding to APRA's ongoing prudential inquiry into the bank, Commonwealth Bank chair Catherine Livingstone acknowledged "there are aspects of our culture where we could improve." APRA issued an update on its progress with the inquiry, saying that ... |
| | | | The constant risk of a cyberattack on the Future Fund's investment portfolio is among its top concerns. Future Fund chairman Peter Costello said in a portfolio update this morning that the sovereign wealth fund considers cybersecurity risk to be a major ... |
| | | | Life insurer TAL has added a suite of new courses to its learning hub in an effort to help advisers meet new legislative and educational requirements. TAL Risk Academy added 16 new courses covering superannuation and insurance advice, financial underwriting ... |
| | | | The number of top 200 ASX-listed companies that received a strike against pay resolutions in 2017 has dropped, as shareholders increasingly become more engaged during proxy season, ASIC says. The corporate regulator, which closely monitors the outcomes ... |
| | | | Down, down, the US dollar is down (again). Bloomberg's USD index shows that the US dollar dropped 1.0% overnight - taking its 2018-to-date decline to minus 3.2% -- on the back of US Treasury Secretary Steven Mnuchin's comments At the World Economic ... |
| | | | Paradice Investment Management is welcoming a new portfolio manager to its mid-cap team. James McBeath joins Paradice from Northcape Capital, where he was an analyst for three years and then a portfolio manager for mid and small-caps. Before that, he ... |
| | | | Australian billionaires amassed a $115.4 billion fortune in FY17, representing a 140% jump since the Global Financial Crisis, according to an Oxfam analysis. The Oxfam Growing Gulf Between Work and Wealth paper found Australia's richest 1% had more ... |
| | | | Australia's self-managed superannuation fund investors are gaining confidence in international equities and paying more attention to new, innovative sectors. New data from nabtrade shows SMSF investment in international shares, domestic ETFs, mFunds ... |
| | | | The US Federal Reserve is raising interest rates and other central banks have signalled they too will pare stimulatory measures introduced in the wake of the GFC, all of which has significant consequences for money managers in 2018. The Reserve Bank ... |
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