Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3861 - 3870 of 10303 results for "STI"

Cryptocurrency interest underwhelming: Poll

KARREN VERGARA  |  MONDAY, 13 NOV 2017
Despite all the hype, Financial Standard's latest pulse survey shows a majority of people have no interest in using or investing in virtual currency. An overwhelming number of respondents (63%) have no plans to trade in cryptocurrency such as bitcoin ...

NAB hastily recruits after announcing job cuts

JAMIE WILLIAMSON  |  FRIDAY, 10 NOV 2017
Following NAB's announcement last week that it would reshape its workforce by cutting up to 6000 jobs, the banking group is immediately recruiting for 600 new, technology-based positions. Seeking specialists in the areas of software engineering, data ...

Aussie regtech readies firms for MiFID II

KARREN VERGARA  |  THURSDAY, 9 NOV 2017
An Australian regtech has partnered with the London Stock Exchange (LSE) to help local financial services firms address compliance in time for the looming MiFID II deadline. APIR Systems will be the LSE's registered agent in Australia and South East ...

Xero consolidates stock exchange listings

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2017
Global cloud accounting software provider Xero will delist from the New Zealand Stock Exchange and transfer all shares to the Australian Securities Exchange. Announcing the move via its half-year results, Xero said it would consolidate its listing on ...

The PI risks of goals-based advice

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2017
Financial advisers making the switch to goals-based advice must ensure they are adequately covered with professional indemnity insurance. That was the warning heeded by delegates at the inaugural Association of Goals Based Advice conference in Sydney ...

RG97 effects inconsistent: Rainmaker

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2017
The effects of fee disclosure reforms under Regulatory Guide 97 have trickled through market segments and asset classes revealing uneven results, Rainmaker's research shows. A high level analysis shows not-for-profit (NFP) superannuation funds have ...

Managed accounts sector knuckles down on data standards

JAMIE WILLIAMSON  |  WEDNESDAY, 8 NOV 2017
Some of the biggest names in investment, technology and financial advice will work together to develop efficient standards for the exchange of managed account data. An industry working group led by the Institute of Managed Account Professionals has ...

Beyond 6000

BENJAMIN ONG  |  WEDNESDAY, 8 NOV 2017
After three attempts over the past 10 years, the S&P/ASX 200 index finally got there - it broke above the formidable 6000-point resistance level. The Australian equity market's benchmark index closed up by 1% yesterday - a hefty day index return by ...

Former Lehman Brothers chief unveils new asset manager

ALEX BURKE  |  TUESDAY, 7 NOV 2017
The creation of a new US asset manager represents former Lehman Brothers chief executive Dick Fuld's most public Wall Street comeback since Lehman's collapse in 2008. Targeting high net worth individuals, family offices and institutions, Matrix Private ...

Oil's gift to central bankers

BENJAMIN ONG  |  TUESDAY, 7 NOV 2017
Only one word comes to mind when the Kingdom of Saudi Arabia is mentioned, and that is oil - for it has plenty of it. According to Investopedia, "The Kingdom of Saudi Arabia is often cited as the world's largest oil producer. The country produces 13.24% ...