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Showing 2751 - 2760 of 17956 results for "Bank"

Aussies to lose $100m to fraudsters

KARREN VERGARA  |  THURSDAY, 1 APR 2021
... investment comparison website with a name like "Investment Compare". Investors' personal information including identification and bank details, followed by in-person contact and provision of a fake Vanguard prospectus designed to convince victims to ...

ASIC cracks down on binary options

ELIZABETH MCARTHUR  |  THURSDAY, 1 APR 2021
... occurrence or non-occurrence of a specified event in a defined timeframe. For example, a binary option might pay out if a central bank lowers interest rates or the price of goal hits a certain level within a certain timeframe. There is also counterparty ...

APRA takes action against Macquarie

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
... multiple breaches to prudential and reporting standards, the Australian Prudential Regulation Authority (APRA) has hit Macquarie Bank with increased liquidity and operational risk capital requirements. Macquarie Bank breached APRA's reporting standards ...

ASIC sues CBA over monthly fees

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
The corporate regulator has commenced civil proceedings against Commonwealth Bank over allegations it wrongly charged monthly fees to customers over a nine-year period. ASIC alleges CBA incorrectly charged $55 million in monthly access fees to nearly ...

Chief economist update: Chinese manufacturing ramps up

BENJAMIN ONG  |  THURSDAY, 1 APR 2021
... March 2021 'Interim Economic Outlook' report pencilled in a 7.8% expansion this year. In January this year, the World Bank (WB) forecast China's GDP to grow by 7.9% in 2021 predicated on "the release of pent-up demand and a quicker-than-expected ...

AMP names new chief executive

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
After a week of speculation, AMP has confirmed its chief executive Francesco De Ferrari will step down following the group's portfolio review and has named his successor. Alexis George has been at ANZ for over seven years as deputy chief executive ...

Vanguard targeted in bond fund scam

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... website with a name like "Investment Compare". "[The scammers] collect personal information including identification and bank details, followed by in-person contact and provision of a fake Vanguard prospectus designed to convince victims to purchase ...

New hybrids ETF on Chi-X

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... active investors as it is inherently inefficient. It is dominated by retail investors who have a limited understanding of bank and insurer capital issues, and who under and overreact to issuer specific risks and equity market movements," Elstree director ...

Hume expands portfolio

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
... as assistant minister in 2019 following the election. She previously held positions at NAB, Rothschild Australia, Deutsche Bank and AustralianSuper. During this time, Hume has been a key player in introducing plans to remove grandfathered commissions ...

MCP builds out team

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
Metrics Credit Partners has made a raft of appointments, hiring from Vision Super and JLL. Stephen Nash has joined the boutique as director of market strategy. Nash was most recently at Vision Super, prior to which he was chief investment officer at ...