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| | | ... 589 applications were separated from ANZ. "This is a momentous achievement for our organisation and the industry as major banks exit from wealth management to simplify their businesses. We're thrilled to have successfully completed the P&I cutover and ... |
| | | | ... changes, policymakers must continuously evaluate whether resolution-related standards and prudential standards for large banks keep pace." Separately, Fed vice chair Lael Brainard raised concerns about the increased banking concentration in the $250-$700 ... |
| | | | ... that while he understands fixed income markets are difficult globally, given the toll inflation and coordinated central banks rate action is taking on markets and the broader economy, he still sees opportunities. The Global X US Treasury Bond ETF (Currency ... |
| | | | ... where she was associate director, financials on the firm's on the institutional desk, advising large institutions on banks, insurers and diversified financials. Prior to this, she was a senior analyst with Ownership Matters, a corporate governance ... |
| | | | ... households and businesses in most jurisdictions have entered the interest rate tightening cycle with strong balance sheets and banks are well capitalised. This is also the case in Australia. However, the combination of higher interest rates and inflation ... |
| | | | ... and households, skills shortages, concern about competition, uneven performance across superannuation funds, failing neo banks, the rise of social media finfluencers, and corporate greenwashing activities. In the wake of the Optus breach, he added that ... |
| | | | ... detect and assist in preventing fraud. The proposed changes cover all APRA-regulated entities, excluding branches of foreign banks, and are designed to ensure that only limited information is made available for certain reasons, only to be used in responding ... |
| | | | ... months to see a material reduction, however Australia will be cautious not to be too aggressive like the US and other central banks to lead the economy to some form of recession, despite the labour market still being quite tight." University of Sydney ... |
| | | | ... market outlook and to foster future growth, the fund said. Detailing Equip's market outlook, Howard said: "With central banks around the world determined to bring inflation under control, even at the expense of economic prosperity, we believe it's ... |
| | | | ... making digital advice creation easier will be of value," it said. Davison added that technology may be a key enabler for banks, superannuation funds, and other financial product providers to deliver a scalable personal advice service. "The industry has ... |
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