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Showing 271 - 280 of 646 results for "Banker"

Negative interest rates drive spike in safe sales

MARK SMITH  |  THURSDAY, 9 JUN 2016
Giant global banks and consumers alike have found old fashioned solutions to the unusual problem of having to pay institutions to hold their cash deposits - safes, vaults and strongrooms are back in vogue. Japanese hardware stores report demand for ...

ASIC ban upheld, investment banker jailed

KERRIE SYDEE  |  MONDAY, 6 JUN 2016
... the integrity and reputation of the financial services industry," the AAT decision stated. Meanwhile, Sydney investment banker Michael Hull was jailed for 17 months after pleading guilty to insider trading following charges brought by ASIC. Hull had ...

Down, down prices are down

BENJAMIN ONG  |  THURSDAY, 28 APR 2016
We interrupt normal programming to bring you Australia's shock inflation news. The A$ dropped to as low as US$0.7572 overnight, a 2.3% depreciation from the previous day's close of US$0.7749 after yesterday's CPI report increased the probability that ...

ASIC bans ex-NAB planner from the industry

ALEX BURKE  |  WEDNESDAY, 27 APR 2016
ASIC has permanently banned a former NAB adviser. Hardik Bhimani was a senior financial planning manager, then a senior financial planner, with NAB Financial Planning from April 2011 to November 2014. It was during this period that ASIC has now accused ...

Banks launch major consumer protection program today

ALEX BURKE  |  THURSDAY, 21 APR 2016
The Australian Bankers' Association has announced today that banks will immediately commence a comprehensive new program to protect consumers and increase transparency and accountability. The first step will be an independent review of product sales ...

Government boosts ASIC with $127m package

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
Following industry speculation, the Turnbull Government has announced a $127.2 million reform package for ASIC. The announcement follows Labor's calls for a Royal Commission into the financial services industry, which both the Prime Minister and Treasurer ...

Aussie agtech the focus for US fund

DARREN SNYDER  |  THURSDAY, 14 APR 2016
... agriculture to capitalise on the fast growing food production demands of neighbouring Asian countries." The former Westpac banker and former chairman of New Zealand dairy agribusiness PKW Farms said the US-based fund will connect Australian agribusinesses ...

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 ...

New Macquarie chair steps up

ALEX BURKE  |  FRIDAY, 1 APR 2016
Macquarie's new chair has succeeded Kevin McCann. Peter Warne, whose appointment was announced in September, was previously a non-executive director and also chair of Macquarie's Board Remuneration Committee, a position he will retain until May 7. He ...

Republican brands Dodd-Frank "regulatory waterboarding"

MARK SMITH  |  TUESDAY, 22 MAR 2016
A top House Republican has accused the Obama administration of engaging in "regulatory waterboarding" when it comes to monitoring banks. House Financial Services Committee chairman Jeb Hensarling said the Dodd-Frank reforms, which increase the oversight ...