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Showing 4491 - 4500 of 17956 results for "Bank"

Regulators receive pre-Budget funding boost

HARRISON WORLEY  |  MONDAY, 25 MAR 2019
The Federal Government is committing an extra half a billion dollars to Australia's financial services regulators. Over the weekend, Treasurer Josh Frydenberg announced an extra $550 million would be dedicated to ASIC and APRA in the upcoming Federal ...

EQT hires risk and superannuation strategy lead

KARREN VERGARA  |  MONDAY, 25 MAR 2019
... and David Warren as a client relationship manager. Everingham was previously a non-executive director of the Commonwealth Bank Group Superannuation Fund and served as chair of its risk and audit committee for three years. Jim Minto, the former chair ...

New ethics test for bankers

KANIKA SOOD  |  MONDAY, 25 MAR 2019
The Financial Services Institute of Australasia entered into an agreement to introduce an ethics test for Australian bankers and securities markets professionals. The test has been developed in partnership with the Chartered Institute for Securities ...

BGL announces new integrations

ELIZABETH MCARTHUR  |  MONDAY, 25 MAR 2019
The provider of ASIC corporate compliance solutions and SMSF administration announced new integrations. In what BGL says is an "industry first", the company announced an integration with Smarter SMSF which will allow CAS 360 and Simple Fund 360 clients ...

Chief economist update: Woe to the world

BENJAMIN ONG  |  MONDAY, 25 MAR 2019
You've been warned. It was only exactly one week ago when I discussed the VIX and MOVE indices - the fear gauge for the stock and bond markets, respectively - and how they've been sharply coming down since the Fed announced its pause very in ...

Banks move to derisk, workforces shrink

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... hiving off wealth and financial advice businesses. Westpac has announced it is exiting personal financial advice. Commonwealth Bank has delayed its planned demerger but said it remains committed to exiting wealth. Meanwhile, the OnePath/IOOF transaction ...

Chief economist update: RBA repeats history

BENJAMIN ONG  |  FRIDAY, 22 MAR 2019
The Reserve Bank of Australia (RBA) may not even need to acquiesce to mounting consensus expectations for at least one interest rate cut this year after the Australian Bureau of Statistics' (ABS) good news on the country's unemployment rate ...

Macquarie axes SMSF residential property loans

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
Macquarie Bank revealed in a note to brokers it has made significant changes to its product offerings. The bank confirmed it is no longer offering SMSF residential home loans, with the change effective from April 30. Macquarie will continue to service ...

Australian Unity creates new partnerships role

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
Australian Unity Trustees has recruited from Equity Trustees to fill the newly-created position of head of partnerships. Sally Fenemor is taking on the new role, joining from Equity Trustees where she was most recently national business development ...

UBS fined $51m for reporting breaches

KARREN VERGARA  |  THURSDAY, 21 MAR 2019
Swiss bank UBS AG has been slapped with a £27.6 million ($51.1m) fine for breaching reporting rules stretching nearly a decade. UK regulator the Financial Conduct Authority found UBS did not provide complete and accurate information relating to about ...