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Showing 3261 - 3270 of 5948 results for "Banks"

Sukuk demand to reach US$900bn in five years

MELANIE TIMBRELL  |  THURSDAY, 13 SEP 2012
... from Ernst & Young. Conventional institutions are increasingly demanding Shari'a compliant securities alongside Islamic banks in the wake of the euro-zone debt crisis as a result of the real-asset backed nature of the Islamic products. Islamic banking ...

Two down, one to go

BENJAMIN ONG  |  THURSDAY, 13 SEP 2012
... outlined a plan for the ECB to become the Eurozone's banking supervisor - an initial step towards unifying the region's banks (estimated to be around 6,000 institutions of which, 25-30 are deemed systemically important). Reuters reports that, "Under ...

Defensive investors may have traded risks

BEN COLLINS  |  WEDNESDAY, 12 SEP 2012
... director, Professional Wealth. "When people jump from growth to defensive, they place their savings in the hands of central banks," he said. Turek said many investors, if not careful, can actually simply be swapping risks. Instead Turek recommends a ...

Market wrap - afternoon

AAP  |  TUESDAY, 11 SEP 2012
... higher at $32.60, Rio Tinto was three cents lower at $54.67 and Fortescue was five cents weaker at $3.50. The four major banks were also mixed. ANZ was 10 cents lower at $24.09, National Australia Bank was 4 cents down at $24.97, Westpac rose 10 cents ...

Brokerage domination chokes competition: Paritech

MELANIE TIMBRELL  |  TUESDAY, 11 SEP 2012
... claims that brokerage services in Australia are laggards compared with international counterparts. Klink argues that the banks currently dominating Australia's brokerage market are too compliance-driven to provide clients what they want. "Cheap is good ...

Banking by video to drive loyalty: Telstra

MARK STORY  |  FRIDAY, 7 SEP 2012
... and workers', reveals that most banking customers want to connect with their bank via video, with 57% appealing for their banks to offer video solutions. According to the report's author Rocky Scopelliti of Telstra, the overwhelming demand for video ...

Cash in on overseas asset offload

BEN COLLINS  |  THURSDAY, 6 SEP 2012
... of real assets around the world, said J.P. Morgan Asset Management's head of Global Real Assets Group, Joe Azelby. Global banks have two choices, either raise more tier one capital to meet the Basel requirements, or shed their balance sheets of assets ...

New head of Australian wholesale sales: Fidelity

BEN COLLINS  |  THURSDAY, 6 SEP 2012
... responsible for driving the development and diversity of Fidelity's wholesale funds business through Intermediaries including banks, insurance companies and financial advisers, said Fidelity. He will also provide leadership and strategic direction to ...

10,000 finance jobs slashed since GFC

BEN COLLINS  |  WEDNESDAY, 5 SEP 2012
At a time when Australian banks can afford to provide the best working conditions in the world, workers in financial services are under more pressure than ever, said Leanne Shingles, a spokesperson for the Finance Sector Union. Despite working for one ...

Swift resolution sought on Storm trial

MELANIE TIMBRELL  |  WEDNESDAY, 5 SEP 2012
... the loss of close to $4 billion by thousands of retail investors. ASIC is currently involved in action against the three banks for breaches including unconscionable conduct and operation of an unregistered managed investment scheme. The banks, which ...