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Showing 3391 - 3400 of 17956 results for "Bank"

Calls to investigate treatment of AMP advisers

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUN 2020
ASIC has come under pressure from a Senator to look into AMP's treatment of financial advisers, including reducing the value of its Buyer of Last Resort (BOLR) agreements. Labor senator for NSW Deborah O'Neill has written to ASIC chair James Shipton ...

German fintech goes bust, $2.9bn gone

ELIZA BAVIN  |  FRIDAY, 26 JUN 2020
... deception," Ernst & Young said. In an announcement to shareholders, Wirecard said there is a "prevailing likelihood" that the bank trust account balances, in the amount of €1.9 billion, do not exist. "The company previously assumed that these trust ...

Chief economist update: Premature easing will cost more lives, more rupiahs

BENJAMIN ONG  |  FRIDAY, 26 JUN 2020
... this up with Rupiah 20 lakh crore (trillion) -- USD 260 billion - equivalent to 10% of Indian GDP, on May 12. The Reserve Bank of India (RBI) also went to work, cutting its benchmark repo rate and the reverse repo rate by 75 bps each to 4.4% and 4.15% ...

Chief economist update: Still the best and better than all the rest

BENJAMIN ONG  |  THURSDAY, 25 JUN 2020
... -7.3% (single-hit) and -8.4% (double-hit) for the US. But it's not luck, it's the Federal Government and the Reserve Bank of Australia's (RBA) early and pro-active intervention policies. The coronavirus pandemic has freed the Morrison government ...

Super fund names head of portfolio design

ELIZA BAVIN  |  THURSDAY, 25 JUN 2020
... effective today. Weston has held a range of significant roles in financial services and joins HESTA after 15 years at the Reserve Bank of Australia followed by chief investment officer positions with AMP Life and Genworth Australia. Prior to joining ...

Crypto investment opportunities outright scams: ASIC

ALLY SELBY  |  THURSDAY, 25 JUN 2020
... returns, the watchdog said, or will request money to be paid to a person or company into multiple or constantly changing bank accounts. It also warned investors to steer clear of any schemes displaying fake celebrity or government endorsements, as well ...

Chi-X releases viral TraCRs stocks

ALLY SELBY  |  THURSDAY, 25 JUN 2020
... including CommSec, Morgans Financial, Westpac Online Investing, ANZ Share Investing, CMC Markets, Bell Potter and more. Deutsche Bank head of depositary receipts Australia and New Zealand Chris Bagley said demand for the products was growing, with further ...

Job vacancies up 15%: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUN 2020
... Westpac has more than 190 roles to fill across Australia and Macquarie Group has about 130 roles to fill. The Commonwealth Bank has the next most vacant positions, with 80 roles advertised. ANZ is hiring for approximately 15 roles, AIA Australia for ...

HSBC hit with $2.3bn suit over Disney investments

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUN 2020
... HSBC is facing a $2.3 billion (GBP 1.3 billion) law suit over investments in Disney films allegedly promoted by its private bank in the UK. The Eclipse Film Partnerships were a series of film financing schemes conceived by HSBC and promoted by Future ...

Dividend yield set to dial down to zero

ALLY SELBY  |  WEDNESDAY, 24 JUN 2020
Contrarian fund manager Allan Gray predicts dividend headwinds are on the horizon, arguing investors shouldn't expect any yield from the majority of ASX-listed companies in the near future. Allan Gray chief investment officer Simon Mawhinney said he ...