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Showing 211 - 220 of 259 results for "SWIFT"

Pension age lift under fire

ALEX DUNNIN  |  FRIDAY, 15 MAY 2009
... very expensive to fund, especially following the 11 per cent increase in the age pension payment. But reaction has been swift, with several experts and groups blasting the decision as unfair. Mike Rafferty from the University of Sydney's Workplace Research ...

Australian RMBS gains appeal

RUTH LIEW  |  TUESDAY, 12 MAY 2009
Ultra high net worth investors in Australia are starting to wade back into the Australian Residential Mortgage-Backed Securities (RMBS) market, according to Merrill Lynch. Chris Selby, head of Merrill Lynch Global Wealth Management in Australia, has ...

RBC Dexia bids faxes goodbye

COMPANY RELEASE  |  THURSDAY, 2 APR 2009
... steps to move custodial managed funds processing from being a manual to an automated approach following the adoption of the SWIFT messaging for Australian funds. Under the new service, the custodial services provider can process applications, redemptions ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
... with the Financial Times, he said that, 'It may be necessary to temporarily nationalise some banks in order to facilitate a swift and orderly restructuring.' Almost at the same time, US Senate Banking Committee Chairman Christopher Dodd remarked that ...

Moral hazard on Main Street

BENJAMIN ONG  |  THURSDAY, 19 FEB 2009
Yes we can! And again, Yes we can! In trying to make this slogan come true, US President Barack Obama has taken the concept of moral hazard from Wall Street to Main Street. Just one day after he signed his autograph on a piece of paper turning the US$787 ...

Boutiques wary of automated systems

RUTH LIEW  |  WEDNESDAY, 11 FEB 2009
... boutiques are still sitting on the fence with jumping on board. According to Tim Hamer, commercial manager, funds at tech firm SWIFT, Australia's funds management industry believes that the automation - particularly in the areas of processing and information ...

FPA heads to eye of Storm

MICHAEL HOBBS  |  MONDAY, 2 FEB 2009
... get a result until the beginning of June. "You need to have processes in place when things do go wrong and we will take swift action. That is the message to all members so that clients of financial planners know we're working in their interests," said ...

Oil up, equities down: Feng Shui Index

MICHAEL HOBBS  |  TUESDAY, 27 JAN 2009
... hard for our pennies during this year. However, there'll be some terrific money making opportunities for the sage and the swift." Feng Shui is a traditional Chinese system that uses astrology and geography to promote prosperity. It's more commonly seen ...

Market Wrap - Morning

AAP  |  TUESDAY, 27 JAN 2009
... expected to consider Obama's $825 billion economic stimulus plan this week. Democratic congressional leaders are pushing for swift passage of the measure before the February 16 recess to try to pull the country out of a deepening recession. LONDON - ...

Gung Hay Fat Choy

BENJAMIN ONG  |  FRIDAY, 23 JAN 2009
... rampant growth by withdrawing subsidies in many of the country's industries. Now China got what it wished for. This shows the swift result that could be achieved with a centrally planned economy. Dare to go against the powers that be and it's off with ...