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Showing 261 - 270 of 1028 results for "Financial Institutions"

RBA, CBA, NAB partner for wholesale currency

ANNABELLE DICKSON  |  TUESDAY, 3 NOV 2020
The Reserve Bank of Australia has announced a partnership with a consortium of financial institutions and a blockchain technology company to develop a wholesale central bank digital currency (CBDC) using distributed ledger technology (DLT) for settlement. ...

T. Rowe Price adds to intermediary team

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
... range of investment strategies. Boscacci will be based in Melbourne and report to relationship manager for financial institutions Shane Zabiegala. The intermediary team is responsible for supporting financial advisers across Australia and New Zealand ...

Westpac hit with $1.2bn of losses

KARREN VERGARA  |  MONDAY, 26 OCT 2020
... legal costs from $404 million to $415 million after tax. The bank came third in a global leader board of financial institutions that have paid the highest penalties after it breached anti-money laundering laws 23 million times. Westpac agreed to pay ...

Bendigo and Adelaide Bank overstates liquidity

ANNABELLE DICKSON  |  THURSDAY, 22 OCT 2020
... party review has been completed. APRA deputy chair John Lonsdale said the liquidity requirements ensure financial institutions can withstand an acute or longer-term stress scenario. "Although Bendigo and Adelaide Bank's breaches don't impact the overall ...

Australian Ethical executive departs

ELIZA BAVIN  |  THURSDAY, 22 OCT 2020
... all the best," he said. Over her time in Australia Horan worked in a number of human resources roles at financial institutions including State Street, Commonwealth Bank and Pioneer Investments. Additionally, she was a founding partner of Human Edge ...

Australian Business Growth Fund launches

ELIZABETH MCARTHUR  |  MONDAY, 19 OCT 2020
... the COVID-19 pandemic. The government is making an investment of $100 million and partnering with other financial institutions to provide equity funding. The major banks on board including ANZ, Commonwealth Bank, NAB, and Westpac have also each committed ...

Man arrested over investment scam

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... advertisements to lure in victims. It is also alleged the man opened personal and business bank accounts at several financial institutions using a number of international passports which were later found to be fake. The corporate regulator obtained orders ...

Willis Towers Watson director departs for LIC

ALLY SELBY  |  TUESDAY, 13 OCT 2020
... years. She had previously worked with multinational finance and insurance company AIG as an underwriter for financial institutions for three years. Kelly has worked with Willis Towers Watson for more than eight years, most recently as a director of investment ...

AUSTRAC releases guidance on wildlife trafficking

ALLY SELBY  |  MONDAY, 12 OCT 2020
... regulates to help them detect suspicious financial activity and report it to the regulator. The guide suggests financial institutions can identify illegal wildlife trafficking by assessing a combination of financial indicators; including assessing large ...

DTCC launches advisory service

KARREN VERGARA  |  FRIDAY, 9 OCT 2020
... insights on operational model designs. DTCC has partnered with Quorsus to provide the consulting services to financial institutions in the form of post-trade technologies, operations, regulatory solutions and infrastructure. The service will initially ...