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Showing 4141 - 4150 of 17956 results for "Bank"

Global fintech appoints head of Asia

KRISTI CHENG  |  FRIDAY, 30 AUG 2019
Switzerland-based fintech Avaloq has appointed a new head of Asia who will take the reins in October. Imad Abou-Haidar joins from London-headquartered software firm Finastra, where he was managing director for the Asia-Pacific region, based in Singapore. ...

Client ethics the future of advice

ELIZABETH MCARTHUR  |  THURSDAY, 29 AUG 2019
... way or another. But, due to consumer pressure - which Payne largely credits to millennials and women - the fifth largest bank in the world, BNP Paribas, is now tobacco free. "With the rise of young people managing their money and investing it's becoming ...

Hejaz climbs Islamic fund ladder

KRISTI CHENG  |  THURSDAY, 29 AUG 2019
Hejaz Financial Services announced its flagship fund, the Global Ethical Fund, has outperformed Australia's other Islamic investment funds during FY19. It achieved gross returns of 6.82% per annum, while Crescent Wealth generated 4.56% per annum. ...

Members shift to industry super funds

KARREN VERGARA  |  THURSDAY, 29 AUG 2019
Retail superannuation funds copped a battering of outflows as latest APRA figures paint a telling picture of a booming industry super fund sector nearly one year after the Hayne Royal Commission. Retail fund assets were flat at $625.7 billion in the ...

CFS slashes trail commissions on some funds

KANIKA SOOD  |  THURSDAY, 29 AUG 2019
Colonial First State has pared back trail commissions on a small slice of its funds, in a move that will affect about 400 advisers. The maximum rate of adviser trail commission is reducing from 0.8% per annum to 0.4% per annum (excluding GST) for Colonial ...

Chief economist update: The fear of Brexit

BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
... recruitment problems." But like the Y2K bug heading into the year 2000 - when fears over transportation, power and water plants, bank deposit, loan and credit calculations, government records, hospital and medical records and services and so on and so ...

ASIC bans financial adviser

KRISTI CHENG  |  WEDNESDAY, 28 AUG 2019
... were suitable. Goudie was an authorised representative of Risk and Investment Advisors Australia, and National Australia Bank-owned GWM Adviser Services before the ban. In failing to act in the best interests of clients, ASIC found Goudie generated fees ...

ASIC clamps down on poor advice, grandfathered commissions

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2019
ASIC warned it will clamp down on financial advice misconduct and ensure it sees an end to grandfathered commissions. The corporate watchdog outlined its priorities for the advice sector between now and 2023 in its recently released Corporate Plan. ...

Chief economist update: US yield curve pictorial

BENJAMIN ONG  |  WEDNESDAY, 28 AUG 2019
... over the past few months. Gentle readers would know that I subscribe to the yield curve that studies by the Federal Reserve Bank of Cleveland and New York prove to be the best predictor of a looming US recession - the spread between the 10-year US bond ...

Chief economist update: What price Australian budget surplus?

BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
... time for fiscal policy to lend a helping hand" because central banks are running out of ammunition. No less than Reserve Bank of Australia Governor Philip Lowe backs up Financial Standard 's earlier prescriptions. As printed in the Australian Financial ...