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Showing 231 - 240 of 480 results for "Australian Bank"

Largest five banks all Asian

MARK SMITH  |  THURSDAY, 14 APR 2016
The world's five largest banks are all based in Asia, and China-headquartered banks made up the top four, according to S&P Global Market Intelligence's latest global bank rankings, while Australian banks have slipped down the rankings. The three largest ...

Regulators defended in calls for Royal Commission

DARREN SNYDER  |  MONDAY, 11 APR 2016
Prime Minister Malcolm Turnbull has defended industry regulators in the wake of Opposition Leader Bill Shorten's call for a Royal Commission in to the banking and financial services sector. At a doorstop interview in Sydney yesterday, Turnbull said ...

Australia and UK to shape retirement landscape

DARREN SNYDER  |  MONDAY, 14 MAR 2016
... something too complex for people not to make any retirement decisions at all. The pensions expert said something Australian bank technologists did well was create a solution to view and manage a person's net wealth in the one platform. "I would see UK ...

Aussie large-cap active managers endure massive outflows

DARREN SNYDER  |  WEDNESDAY, 13 JAN 2016
Researcher Morningstar estimates Australian equity large-cap unlisted funds lost between $3 billion and $12 billion in assets per year over the last five years. In its latest Australian Equities Large-Cap Sector Wrap, Morningstar said active managers ...

Banks to follow NAB's life insurance exit

ALEX BURKE  |  FRIDAY, 13 NOV 2015
More Australian banks will follow NAB's exit from manufacturing life insurance, according to Rice Warner chief executive Michael Rice. Rice's comments follow Assistant Treasurer Kelly O'Dwyer's issuing of the Government's response to the Life Insurance ...

Lonsec rates several funds

DARREN SNYDER  |  WEDNESDAY, 28 OCT 2015
Research house Lonsec has released several fund ratings during the week and results have been welcomed by the respective fund managers. Yesterday Martin Currie announced it had received a "highly recommended" rating from Lonsec for the Legg Mason Martin ...

AMP advice adds Van Eck ETFs

STAFF WRITER  |  WEDNESDAY, 30 SEP 2015
Two Van Eck exchange-traded funds have been added to the AMP approved product list. The Market Vectors Australian Equal Weight ETF and Market Vectors Australian Banks ETF will now be available to advisers at AMP Financial Planning, Charter Financial ...

PIMCO launches bank capital fund

MARK SMITH  |  MONDAY, 28 SEP 2015
... compelling opportunity for Australian investors to diversify their concentrated domestic bank exposure, mainly in Australian bank equities and hybrid securities, by harnessing a diversified global opportunity set." Philippe Bodereau, managing director ...

Bankers see ASIC user pays model as burden

LAURA MILLAN  |  FRIDAY, 28 AUG 2015
The Australian Bankers' Association (ABA) said that the government's proposal to implement a user pays funding model for the corporate regulator would increase "the cost burden on the Australian financial services industry." The ABA urged caution in ...

Action plans for Indigenous super

DARREN SNYDER  |  MONDAY, 3 AUG 2015
HESTA is the first industry superannuation fund to launch a Reconciliation Action Plan (RAP) aiming to further build its relationships with Aboriginal and Torres Strait Islander stakeholders. HESTA executive people strategy, Sophie Sigalas, said the ...