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Showing 4041 - 4050 of 17956 results for "Bank"

First Sentier bolsters responsible investment team

HARRISON WORLEY  |  WEDNESDAY, 16 OCT 2019
... director of ESG researcher Sustainalytics, and led the firm in Australia and New Zealand. Earlier, Turner served ICBC Standard Bank in the UK. Turner will report to First Sentier's London-based global head of responsible investment Will Oulton, who welcomed ...

AFCA gets 1450 complaints a week

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
The Australian Financial Complaints Authority has received 1450 complaints every week so far this financial year. This number has AFCA on track to beat its previous record. In July, after six months in operation the authority had received just over ...

No one reads the PDS: ASIC

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
ASIC is calling time on the financial services industry's reliance on disclosure as the default consumer protection, saying it enables poor conduct and poor consumer outcomes. The regulator said disclosures have been assumed to inform consumers to make ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
... eventual Brexit. But given the global economic backdrop, it could be this very uncertainty over Brexit that is working in the Bank of England's (BOE) favour. It's one of the very few central banks that's forward guiding monetary policy towards ...

MLC Life strengthens group insurance team

JAMIE WILLIAMSON  |  MONDAY, 14 OCT 2019
... senior product roles with CommInsure and previously worked in dispute resolution for advice and investments at Commonwealth Bank. Confirming the appointment, a spokesperson for MLC Life told Financial Standard: "Emily is an invaluable addition to the ...

Broker fined for lavish entertainment

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
The Financial Conduct Authority in the UK has fined Tullett Prebon £15.4 million, citing "lavish entertainment" and lack of effective controls. The FCA said Tullett Prebon, an inter-dealer broker which acts for institutional clients transacting in ...

ACCC to probe rate cut decisions

HARRISON WORLEY  |  MONDAY, 14 OCT 2019
... inquiry will investigate the prices charged for residential mortgages by the lending market, including big banks and non-bank lenders, and will consider how those prices are determined, such as the impact of the official cash rate. The differences between ...

Chief economist update: When QE is not QE

BENJAMIN ONG  |  MONDAY, 14 OCT 2019
... defined by Investopedia, QE is when the Fed (central banks) increases the money supply by "purchasing assets with newly created bank reserves in order to provide banks with more liquidity". It looks like you! But nah, the US Federal Reserve is adamant ...

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
... recently supported by prescriptions from international institutions such as the International Monetary Fund (IMF), the World Bank (WB), the World Trade Organisation (WTO) and the Organisation for Economic Development and Cooperation (OECD) - Japan does ...

Culture change must not be a fad: APRA

HARRISON WORLEY  |  FRIDAY, 11 OCT 2019
APRA chair Wayne Byres told Australia's banking lobby that changes to the sector's culture cannot disappear once the spotlight moves away. Speaking at the Australian Banking Association's national economic series in Sydney on Wednesday, Byres said APRA's ...