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Showing 2611 - 2620 of 17956 results for "Bank"

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
... suicide. Victoria's state government could even decide to loosen its budget spending. And then, there's the Reserve Bank of Australia (RBA). At its May Board meeting, it hinted that it could start tapering its bond purchases in July. This now ...

Criminal charges filed against ME Bank

JAMIE WILLIAMSON, KANIKA SOOD  |  THURSDAY, 27 MAY 2021
The Commonwealth Director of Public Prosecutions is pursuing criminal charges against ME Bank following an ASIC investigation. The regulator said the charges relate to contraventions of sections 12DB(1)(g) and 12GB(1) of the ASIC Act and sections 64(1) ...

Former adviser charged with $3.3m fraud

KARREN VERGARA  |  THURSDAY, 27 MAY 2021
... of people, some of whom were clients. "No client accounts were breached. The lenders transferred money from their personal bank accounts to his personal bank account," he said. "In almost all of the cases we have seen, he had signed loan agreements in ...

Citi bolsters equities team

ELIZABETH MCARTHUR  |  THURSDAY, 27 MAY 2021
... cash, prime and FCX on its platform. Nissan will also assist with expanding Citi's custody business after it acquired Royal Bank of Canada's custody business last year, making it the third largest custodian in Australia. ESG analyst Hayley McGuiness ...

Chief economist update: RBNZ will run out of patience next year

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
The Reserve Bank of New Zealand (RBNZ) kept the official cash rate unchanged at 0.25%, maintained the existing LSAP programme, and retained the existing Funding for Lending Programme (FLP) conditions at its 26 May Board meeting. Same old, same old. ...

Rich investors not worried about low rates: Citi

KANIKA SOOD  |  WEDNESDAY, 26 MAY 2021
New research from Citi says Australian high-net-worth investors are optimistic despite low interest rates. The research shows only 1% of HNWs were negative about the economic outlook, while 49% were positive and 40% were neutral. More than half (54%) ...

QIC adds to liquid markets team

KANIKA SOOD  |  WEDNESDAY, 26 MAY 2021
... strategic advice to Treasury on issuance and funding plans. Prior to this, she held positions with BlackRock, Standard Chartered Bank, Société General and KPMG. QIC's liquid markets group is led by Susan Buckley and provides fixed income and overlay ...

NAB denies underpaying full-time workers

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
National Australia Bank is denying it underpaid full-time employees as part of its ongoing investigation into a payroll bungle, which to date has repaid $55 million. The Financial Sector Union has raised concerns that current and former full-time NAB ...

UBS, Nomura cop fines over bond cartel

KANIKA SOOD  |  TUESDAY, 25 MAY 2021
... escaped a fine because it did not generate any net turnover in the last business year which served as a cap to the fine. Bank of America and Natixis are not fined either because their infringement fell outside the five-year limitation period for imposition ...

Poor financial literacy failing young workers

KARREN VERGARA  |  TUESDAY, 25 MAY 2021
As more young workers turn to mum and dad, and social media for financial advice, a new survey finds that the educational system is failing to provide practical financial literacy skills for students as they navigate the workforce. The financial education ...