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Showing 4561 - 4570 of 17956 results for "Bank"

Local fintech investment soars

KARREN VERGARA  |  TUESDAY, 26 FEB 2019
Australia's fintech industry is catching the interest of international investors and raked in US$600 million of funding last year, according to KPMG analysis. KPMG's 2018 Pulse of Fintech report showed Australian-based Avoka and its sale to ...

Stamford Capital expands into Victoria

KANIKA SOOD  |  TUESDAY, 26 FEB 2019
... Buwalda to lead the Melbourne office. Buwalda was most recently a senior business banking manager with Bendigo and Adelaide Bank in Melbourne. Stamford currently has offices in Sydney, Brisbane and Adelaide and has transacted more than $3.8 billion in ...

New reforms to smash major super funds

JAMIE WILLIAMSON  |  TUESDAY, 26 FEB 2019
... AustralianSuper are also expected to be impacted by the changes if legislated. The top 10 is rounded out by MLC Super, Commonwealth Bank and Cbus, based on APRA statistics for the September 2018 quarter. Rainmaker executive director of research Alex ...

AXA IM acquires three Sydney hotels

KANIKA SOOD  |  TUESDAY, 26 FEB 2019
... million acquisition. Novotel, Ibis and Pullman sit close to each other at Olympic Park which is home to ANZ Stadium, Qudos Bank Arena and Spotless Stadium. The precinct hosted 5500 events in 2017-2018 and 10.5 million visitors. "AXA IM - Real Assets' ...

Labor responds to Royal Commission final report

JAMIE WILLIAMSON  |  MONDAY, 25 FEB 2019
The Labor Party will look to ban the payment of grandfathered commissions by January 2020 if successful at the upcoming Federal election. Responding to the final report, Shadow Treasurer Chris Bowen said the party has already tabled a bill to end the ...

Chief economist update: The RBI surprises (again)

BENJAMIN ONG  |  MONDAY, 25 FEB 2019
The Reserve Bank of India is full of surprises. When financial markets expected it to raise interest rates, it didn't. When everyone expected interest rates to remain steady, it cut. Recall that back in October 2018, the RBI surprised markets by ...

Australia ahead in gender diversity

KARREN VERGARA  |  MONDAY, 25 FEB 2019
Australia's commitment to making gender diversity on boards a serious business imperative and without government intervention has made it a standout from other countries. And financial services led the way. Women accounted for 32.4% of superannuation ...

Scholarships open for women in finance and superannuation

MICHELLE BALTAZAR  |  FRIDAY, 22 FEB 2019
Industry groups for women help narrow the gender gap in senior management by providing executive education scholarships for women in finance and superannuation. On Wednesday, Women in Super announced its 2019 scholarship program in partnership with ...

ASIC finalises EU with HSBC

KARREN VERGARA  |  FRIDAY, 22 FEB 2019
ASIC has completed an enforceable undertaking with HSBC Bank Australia and is satisfied the bank met all requirements. HSBC entered the court enforceable undertaking with ASIC on 13 May 2016. The regulator was concerned HSBC provided "potentially deficient ...

Chief economist update: Cut it, cut it now

BENJAMIN ONG  |  THURSDAY, 21 FEB 2019
... rates. Perhaps impatience may have gotten the better of me for it's only been two weeks since the Australian central bank changed its policy stance from tightening to a neutral stance which, at the time, I surmised could be enough to change sentiment ...