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Showing 3091 - 3100 of 17956 results for "Bank"

Fiscal policy spurs investor confidence: Citi

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... Zealand. Nearly 80% of the delegates at the Citi Australia Investment Conference believe the terminal rate for the Reserve Bank of Australia will be 10 basis points, with just 30% believing there will be negative rates. However, 69% of investors believe ...

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
The numbers may be better than market expectations but they still don't diminish the fact that Australia's labour market remains weak. The Australian Bureau of Statistics reported that the country's unemployment rate increased to 6.9% in ...

Nambawan Super board member resigns

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
... Guinea's Nambawan Super board as stepped down to avoid potential conflicts of interest after accepting a new role at a bank. Lesieli Taviri joined the super fund as a trustee director in 2014. She is the former chief executive of Origin Energy in ...

Keep spending and investing: Lowe

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... better economic outcome in the coming months if Australians ensure they keep spending and investing, according to Reserve Bank of Australia (RBA) governor Philip Lowe. Lowe said the nation's recovery will depend on how willing people and businesses are ...

A new model is coming: Licensees

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
At the Association of Financial Advisers' Conference, a panel of licensee executives agreed that the advice industry will be pushed towards a new model in the coming years. The panel, facilitated by CoreData founder and principal Andrew Inwood, saw ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
... Federal Budget; ongoing success across the nation in containing the COVID-19 outbreak; and the expectation that the Reserve Bank Board is likely to further cut interest rates at its next meeting on November 3." In three words, that's money, money ...

Westpac consolidates international operations

JAMIE WILLIAMSON  |  WEDNESDAY, 14 OCT 2020
... Jakarta. The bank's priority going forward is on its core Australian and New Zealand customers, acting Westpac Institutional Bank chief executive Curt Zuber said. Westpac is not expecting the changes to have a significant impact on cash earnings ...

Westpac puts Australia on bad banking leaderboard

ELIZA BAVIN  |  WEDNESDAY, 14 OCT 2020
... Goldman Sachs was number one, having paid US$3.97 billion in relation to settlement charges in Malaysia against the Wall Street bank for its role in helping to raise hundreds of millions for a sovereign wealth fund that was used as a personal piggy bank. ...

BOQ sells insurance business

ELIZA BAVIN  |  WEDNESDAY, 14 OCT 2020
Bank of Queensland (BOQ) has entered into an agreement to sell its St Andrew's Insurance business to Farmcove Investment Holdings for $23 million. The bank said the sale is consistent with its refreshed strategy announced in February this year to deliver ...

Willis Towers Watson director departs for LIC

ALLY SELBY  |  TUESDAY, 13 OCT 2020
Wilson Asset Management has nabbed Willis Towers Watsons' director of manager research and head of real assets Australia after a decade with the financial services giant, set to lead the investment manager's new alternative assets strategy. Dania Zinurova ...