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Showing 4501 - 4510 of 17956 results for "Bank"

Chief economist update: Fed on ice

BENJAMIN ONG  |  THURSDAY, 21 MAR 2019
If there's anything that captures the greed on Wall Street, it's the US equity market's reaction to the Fed's decision following its 15-16 March 2019 FOMC meeting. The Fed gave the markets what they expected - it kept the Fed funds rate ...

Emerging markets for the win: ABDO

KANIKA SOOD  |  WEDNESDAY, 20 MAR 2019
... investment operations from Elders and changed the name to Pyrford International, it's current name. It was acquired by the Bank of Montreal Group in 2007. Campbell retired in 2015 and has stayed on as a strategic adviser. In Australia, Michael Angwin ...

Royal Commission will guide remuneration standard: APRA

DARREN SNYDER  |  WEDNESDAY, 20 MAR 2019
What APRA learned from its prudential inquiry into Commonwealth Bank, and the Royal Commission, will help shape its updated and soon-to-be released standard on remuneration. APRA executive general manager, policy and advice, Pat Brennan told an industry ...

ABA moves to protect vulnerable customers

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAR 2019
... products and services. Importantly, the guidelines will reassure customers that they should feel comfortable telling their bank if they are experiencing vulnerability. ABA chief executive Anna Bligh said: "There is no doubt that the Royal Commission ...

Chief economist update: BOJ decision announced and ignored

BENJAMIN ONG  |  WEDNESDAY, 20 MAR 2019
... happenings in the world's third biggest economy - Japan - have all been but ignored. In case you failed to notice, the Bank of Japan (BOJ) concluded a two-day monetary policy meeting not long ago - 14-15 March. Don't worry, you haven't missed ...

Deutsche Bank and Commerzbank merger likely

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAR 2019
Deutsche Bank confirmed it is in discussions with Commerzbank, but say there is "no certainty any transaction will occur." Deutsche Bank chief executive Christian Sewing said in a letter to employees: "Today we have informed the public that, in the ...

Indigenous super access needs improvement

KARREN VERGARA  |  TUESDAY, 19 MAR 2019
... final report is for the Australian Banking Association to amend its code so that if a customer identifies as an ATSI, the bank will follow AUSTRAC's guidance on identification and verification. These problems may be addressed at least in part by amending ...

Boutique manager makes executive changes

KARREN VERGARA  |  TUESDAY, 19 MAR 2019
... Capital Group effective March 18. Addis was previously an executive director and head of M&A at EY, and head of Investec Bank for Queensland. Leylan Neep, chief financial officer and executive director for more than six years, resigned from both posts. ...

Banks must prioritise NPP, says Reserve Bank

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
The $1 billion New Payment Platform seems to be another headache for the big banks. Reserve Bank governor Philip Lowe asked the chief executives of the big four to confirm they are putting significant resources into rolling out the high speed payment ...

Chief economist update: The AUD's resilience

BENJAMIN ONG  |  TUESDAY, 19 MAR 2019
The Reserve Bank of Australia (RBA) will release the minutes of its March 5 board meeting - when it decided to keep interest rates unchanged at a record low 1.5% - today. I imagine that the men and women of the RBA board would have discussed the slowing ...