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Showing 4111 - 4120 of 17956 results for "Bank"

Industry super satisfaction continues

HARRISON WORLEY  |  MONDAY, 16 SEP 2019
... industry funds since March 2008 which many consider as the onset of Global Financial Crisis with the bankruptcy of US investment bank Bear Stearns. "The increase in industry fund satisfaction to some extent tracks the performance of the Australian share ...

Chief economist update: Fed future move depends on dollar direction

BENJAMIN ONG  |  MONDAY, 16 SEP 2019
... man and his dog is already positioned for this eventuality. The CME FedWatch Tool puts the probability of the US central bank taking interest rates down by another 25 basis points to 1.75%-2% on September 18 at 81.9%. I don't know anyone who can ...

Government moves to expand design, distribution laws

HARRISON WORLEY  |  FRIDAY, 13 SEP 2019
Consultation is open for exposure draft regulations extending the Federal government's design and distribution obligations. The government has released updated design and distribution obligations, which now extend to investor directed portfolio services ...

One regulatory regime enough: FSC

HARRISON WORLEY  |  FRIDAY, 13 SEP 2019
The Financial Services Council echoed the advice of Commissioner Kenneth Hayne in its call for a "significant" simplification of the regulatory system for tax and financial advisers. In a submission to the independent review of the Tax Practitioner's ...

Chief economist update: Whatever it takes, however long it takes

BENJAMIN ONG  |  FRIDAY, 13 SEP 2019
... didn't only justify our argument that Mario would do "whatever it takes" despite the growing chorus of dissent from central bank heads and officials from Germany, Austria and the Netherlands against a big stimulus package, Draghi over-delivered. ...

ASIC prepares to be primary super conduct regulator

ELIZABETH MCARTHUR  |  THURSDAY, 12 SEP 2019
ASIC commissioner Sean Hughes has made it clear the regulator is already positioning itself to be the primary conduct regulator in superannuation. Speaking at a Risk Management Association Australia event yesterday, Hughes said ASIC's role in regulating ...

Former Wallaby joins Invast Global

ELIZA BAVIN  |  THURSDAY, 12 SEP 2019
... the boots for a new role at Invast Global. Kafer has been appointed director, Prime Services for the disruptor investment bank. Prior to working at Rugby Australia Kafer worked as a proprietary trader and has a history in finance. "I've loved my time ...

Chief economist update: 'Paradox of Thrift' in action

BENJAMIN ONG  |  THURSDAY, 12 SEP 2019
... This was topped up with a second fiscal spending package amounting to around 4.2% of GDP. This is in tandem with the Reserve Bank of Australia's (RBA) series of interest rate reductions that took the official cash rate from a high of 7.25% in 2008 ...

Calls to give ASIC power to repair reputations

ELIZA BAVIN  |  WEDNESDAY, 11 SEP 2019
... wrongdoing following the Royal Commission. Philip Crutchfield, QC, who previously acted for the corporate watchdog in its bank bill swap rate rigging case against Westpac, NAB and ANZ, as well as acting counsel for AMP at the financial services Royal ...

Saxo partners for new reporting service

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 SEP 2019
Saxo Markets has entered into a new partnership to provide an institutional grade reporting service. The partnership with Sharesight will deliver an integrated recordkeeping service for self-directed investors. Saxo described the initiative as "open ...