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Showing 421 - 430 of 790 results for "Financing"

IMF ramps up funding for CBA class action

EMMA RAPAPORT  |  FRIDAY, 22 DEC 2017
... in Financial Standard, the class action concerns CBA's alleged breaches of anti-money laundering and counterterrorism financing laws, which corresponded with a significant share price drop. Claimants allege the bank failed to keep shareholders up to ...

ANZ attempts sale to Chinese conglomerate, blocked by NZ regulator

ALEX BURKE  |  THURSDAY, 21 DEC 2017
... been blocked by New Zealand's Overseas Investment Office. HNA Group has been in talks to purchase UDC Finance, an asset financing firm acquired by ANZ Bank New Zealand in 1980. ANZ said the transaction proceeds would have equated to roughly 10 basis ...

CBA hit with fresh AML breaches by AUSTRAC

EMMA RAPAPORT  |  FRIDAY, 15 DEC 2017
The hits keep coming for CBA with fresh allegations of money laundering and counter-terrorism financing levelled by the regulator. In amended statement of claim released yesterday, AUSTRAC filed a further 100 alleged breaches of anti-money laundering ...

CBA admits to anti-money laundering breaches, AUSTRAC flags new allegations

KARREN VERGARA  |  THURSDAY, 14 DEC 2017
... cash deposited, and credited money to customers' accounts. CBA said it assessed anti-money laundering and terrorism financing risks of its machines in July 2015 and subsequently in 2016 and October 2017, and determined the risks as "high." In January ...

French giant intensifies action on global warming

JAMIE WILLIAMSON  |  TUESDAY, 12 DEC 2017
... achieve. Together we must make a commitment to do more, and to do it faster and more efficiently." As such, through its financing and investments the finance sector - particularly banks - is well positioned to influence clients in making a commitment ...

Good news or bad news?

BENJAMIN ONG  |  TUESDAY, 12 DEC 2017
... correction from the 8.8% annual growth rate in the previous month which was the slowest pace since 1996. China's total social financing (TSF) - defined by the People's Bank of China (PBOC) as "a money-added concept, indicating total funds the real economy ...

BNY Mellon appoints transaction management lead

JAMIE WILLIAMSON  |  WEDNESDAY, 22 NOV 2017
... Australia and Asia Pacific." "Her tremendous expertise in assessing and managing commercial and legal risk reviewing complex financing structures, cash flow management, and debt capital markets will play a key role in growing our business across the ...

Less liquidity to lessen risk

BENJAMIN ONG  |  TUESDAY, 14 NOV 2017
... market expectations for a 9.2% gain, it is also the slowest annual growth rate since January 1996. China's total social financing (TSF) - defined by the People's Bank of China (PBOC) as "a money-added concept, indicating total funds the real economy ...

Industry funds must renew aged care investment focus

EMMA RAPAPORT  |  FRIDAY, 10 NOV 2017
... of the Australian population will be aged 65 years and over and 2.3% will be 85 and over. According to the Aged Care Financing Authority (ACFI), the residential care sector alone will require $35 billion to cater for this demand. In July, health and ...

BNP Paribas shuts out non-renewable energy producers

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2017
... exploited from shale or tar sands as a further show of its support for renewable energies. The group introduced a new global financing policy whereby it will no longer finance the exploration, production, distribution, marketing or trading of oil and ...