Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 211 - 220 of 1161 results for "GFC"

HSBC cops historic fine for Lehman-linked failures

JAMIE WILLIAMSON  |  WEDNESDAY, 22 NOV 2017
... private banking division was fined a record HK$400 million (AU$67 million) for material systemic failures in the lead up to the GFC. Hong Kong's Securities and Futures Appeals Tribunal upheld the Securities and Futures Commission's 2015 disciplinary ...

Advice the face of wealth management evolution

DARREN SNYDER  |  THURSDAY, 16 NOV 2017
... through non-independent models. Clifford added US banks were likely to keep their wealth management arms because the post-GFC period has provided regulatory change which has kept the wealth business margins attractive. In the same session dedicated to ...

The next generation of bancassurance

JAMIE WILLIAMSON  |  MONDAY, 13 NOV 2017
... expectations, with the cost-benefit ratio in favour of owning wealth and insurance product manufacturers shifting negatively post-GFC. "If banks were going to offer insurance and wealth management to their clients, then why not control both the manufacture ...

Younger generations gaining super ground

JAMIE WILLIAMSON  |  TUESDAY, 7 NOV 2017
... exposed to investment strategies with higher allocation to growth assets on which there has been a long bull run since the GFC.

Former NAB risk committee chair joins Wingate

ALEX BURKE  |  MONDAY, 6 NOV 2017
The chair who steered NAB's board risk committee through the GFC has taken on a new role at Wingate. Paul Rizzo joins Wingate as chair of the firm's Wingate Investment Partners Trust (WIP) investment committee. The WIP trusts co-invest with Wingate ...

Fed does the expected, will do as expected

BENJAMIN ONG  |  THURSDAY, 2 NOV 2017
... slack, the U-6 unemployment rate has declined sharply from 8.6% in August to 8.3% in September - the lowest rate since pre-GFC (8.3% in February 2007). This is now putting upward pressure on wages. Total compensation of all civilian workers as measured ...

Job openings in America

BENJAMIN ONG  |  FRIDAY, 13 OCT 2017
... more than once during the year." Furthermore, the quits rate remain at their highest level since the boom times before the GFC - indicating workers' confidence in finding jobs. Employers are not letting their workers go either with the rate of layoffs ...

No more slack?

BENJAMIN ONG  |  MONDAY, 9 OCT 2017
... telling, the U-6 unemployment rate also declined sharply from 8.6% in August to 8.3% in September - the lowest rate since pre-GFC (8.3% in February 2007). The BLS defines the U-6 unemployment rate as: "Total unemployed, plus all persons marginally attached ...

Interest rates on ice

BENJAMIN ONG  |  WEDNESDAY, 4 OCT 2017
... disposable income slowed to 1.97% in the June quarter from 2.07% in the previous quarter - only just a little bit over the GFC low of 1.76% in the December quarter of 2009. This is not surprising given the sluggish trend in wages - up only 1.9% in the ...

Sole fund closed by Australian equities manager

JAMIE WILLIAMSON  |  WEDNESDAY, 6 SEP 2017
... 2% per annum and feel very proud of our true to label delivery for our investors during difficult markets that included the GFC and the bond bubble. "We are very grateful for all the broad support we received from asset consultants, ratings agencies ...