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Showing 3711 - 3720 of 17956 results for "Bank"

Westpac not evacuated, misinformation abounds

ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
Following reports that Westpac's Sydney offices were evacuated due to a coronavirus scare, the bank has confirmed it is business as usual. The discovery of three Westpac employees at its Barangaroo offices with suspected cases of COVID-19 forced ...

Trump slams Fed in Twitter tirade

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
... Trump ramped up pressure on Powell to cut interest rates following the RBA's rate cut last week. "Australia's Central Bank cut interest rates and stated it will most likely further ease in order to make up for China's Coronavirus situation ...

Sargon lender sends in voluntary administrators

KANIKA SOOD  |  TUESDAY, 10 MAR 2020
Taiping Trustees on Friday appointed voluntary administrators for Sargon Capital and two Trimantium companies, in what could eventually decide Sargon's fate. Wexted Advisors' Andrew McCabe and Joseph Hayes were on March 6 appointed as the voluntary ...

Virus fallout worse than GFC: IMF

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... financial crisis." In response, the IMF said central banks must be prepared to provide "ample liquidity" and banks and non-bank finance companies. The fund also called on governments to offer temporary and targeted credit guarantees for the near term ...

Latest data reveals super admin problem

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... increasing transparency. "Every six months, AFCA releases data which allows Australians to see how many complaints their insurer, bank, financial adviser, superannuation fund or other financial firm has received and how they have responded to those complaints," ...

Chief economist update: The crash we have to have

BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
... Korea's missile launches, Brexit and Trump's trade war -- and other challenges in-between -- proved no match for central bank money Throw enough money at the problem and the problem will go away. ZIRP (zero interest rate policy), NIRP (negative ...

Netflix-for-funds bolsters leadership

HARRISON WORLEY  |  MONDAY, 9 MAR 2020
... King on Forum 360's advisory board is BasisPoint founder David Chin. Chin currently sits on the board of In1Bank, a neo-bank targeting Australian's who speak Chinese languages. Previously, Chin served as head of marketing at Sydney Futures Exchange. ...

Jamie Dimon recovering after emergency heart surgery

ALLY SELBY  |  MONDAY, 9 MAR 2020
... recovering after he experienced a tear in his heart's main artery and was rushed into emergency surgery late last week. The bank's co-presidents and co-chief operating officers, Daniel Pinto and Gordon Smith, have taken over the reins while the 63-year-old ...

ANZ wealth exit sees hundreds of jobs go

ELIZABETH MCARTHUR  |  MONDAY, 9 MAR 2020
The Financial Services Union has lashed out at ANZ for plans to cut 230 jobs from its private bank and financial advice businesses. The FSU said that in a memo, ANZ told staff that it was committed to helping rebuild trust in the financial advice industry. ...

Equities not that expensive: Hamish Douglass

ALLY SELBY  |  MONDAY, 9 MAR 2020
... all bonds in the world currently have a negative view. "In this negative interest rate world, you put your money into the bank and once it's in the bank, you get paid absolutely nothing on your money - and when you go to reach for your money to take ...