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Showing 3961 - 3970 of 17956 results for "Bank"

Value facing unprecedented rally: Schroders

ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
Value stocks are headed towards an "unprecedented" boom, according to Schroders UK fund manager Simon Adler. Adler said part of the reason value stocks deserve more attention is because growth has been doing so well. "The last 10 years has been the ...

CommInsure enters guilty plea

ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
... unlawful, unsolicited telephone calls. CommInsure is, and was at the relevant time, a wholly owned subsidiary of Commonwealth Bank. "Between October and December 2014, CommInsure, through its agent, telemarketing firm Aegon Insights Australia...unlawfully ...

Chief economist update: The PBOC stimulates

BENJAMIN ONG  |  TUESDAY, 19 NOV 2019
Faced with slowing growth and above target inflation, what's a central bank to do? In the case of the People's Bank of China (PBOC), it's going for growth. In a surprise move, the Chinese central bank cut its seven-day reverse repo rate ...

New advice groups detrimental to consumers

HARRISON WORLEY  |  MONDAY, 18 NOV 2019
The co-founder of iPac Securities believes the issues that saw the big banks exit wealth management will pale in significance to future failures he expects will come as a result of "fringe" advice groups. Appearing at the ASFA Conference in Melbourne ...

Remediation bill tops $10b: ASIC

ELIZA BAVIN  |  MONDAY, 18 NOV 2019
... well above $10 billion." Chester said this figure is not as shocking as it first seems, comparing it to the US$320 billion Bank of England governor Mark Carney estimated in 2017 for the global cost of misconduct for banks post Global Financial Crisis. ...

The AUD is key

BENJAMIN ONG  |  MONDAY, 18 NOV 2019
I painted a picture of the latest domestic surveys and stats last week arguing that the RBA would need to cut interest rates some more to try and reverse the trend deterioration in the domestic economy. In it I briefly touched on the Australian dollar ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... Australian labour market report. Duh! If financial markets were waiting for the jobs report to raise the odds of another Reserve Bank of Australia (RBA) rate reduction, they're too late. The only question that needs to be answered is how low would ...

FS Roundtable: Striking the perfect balance

KARREN VERGARA  |  THURSDAY, 14 NOV 2019
The current climate is pushing the importance of asset allocation to the forefront of building robust portfolios, prompting investment experts to think outside the box of traditional assets. Karren Vergara writes. The importance of making the right ...

Superannuation expert joins law firm

KANIKA SOOD  |  THURSDAY, 14 NOV 2019
... strategic product development roles with Colonial Financial Planning, BT Portfolio Services, Godfrey Pembroke, APRA, Deutsche Bank and Standard Chartered Bank. SUPERCentral managing director Peter Townsend said: "[Siu] will be an invaluable addition ...

Platform hires former Netwealth distribution head

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2019
... increasing on the back of adviser migration. "We're seeing a huge amount of funds under management migrating from the big bank platforms as financial advisers continue to leave those groups," he said. "We are very happy to be a major beneficiary ...