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Showing 4771 - 4780 of 17956 results for "Bank"

Chief economist update: The money is one Fed rate hike next year

BENJAMIN ONG  |  MONDAY, 19 NOV 2018
... of the Fed's past rate hikes. These comments and admission from the Fed has lowered the probability of the US central bank lifting the fed funds rate, according to CME's FedWatch Tool from 2.25% now to 2.5% at its December 19 meeting to 65.4% ...

AI ramping up but legal risks remain

KANIKA SOOD  |  FRIDAY, 16 NOV 2018
Financial services companies are betting on artificial intelligence (AI) more than ever, but remain sceptic of compliance and legal risks of the technology, according to a new Baker McKenzie report. Baker McKenzie surveyed 355 financial services leaders ...

La Trobe Financial prices $750m RMBS issue

DARREN SNYDER  |  FRIDAY, 16 NOV 2018
... reflects a strong endorsement of the high quality assets, expertise and long consistent track record as Australia's oldest non-bank lender. The $750 million RMBS transaction demonstrates La Trobe Financial's strength and its commitment to meeting its ...

AFCA creates small businesses ombudsman role

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
The newly established Australian Financial Complaints Authority (AFCA) will appoint an ombudsman dedicated to helping small businesses resolve disputes with their financial service providers. AFCA will consider complaints from small businesses with ...

New degree tackles adviser education standards

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
UTS Business School is introducing a new postgraduate financial planning course in 2019 to meet increased adviser demand resulting from FASEA's education standards. The Master of Financial Planning will be suitable to new entrants to the industry ...

Special Report: Hitting new ETF goals

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
... mid-2017. Equity indices overwhelmingly dominate over 95% of the benchmarks. The number of listed stocks, according to the World Bank, clicks over 43,000. And there are about 5300 ETFs worldwide, IIA chief executive Rick Redding says, which goes to show ...

Swiss manager invests in Queensland solar

KANIKA SOOD  |  THURSDAY, 15 NOV 2018
... manager based in Zurich that invests exclusively in renewable energy infrastructure, investing for the European Investment Bank and pension funds. It has just closed a deal to acquire and finance the construction of a solar plant in Queensland's ...

ASIC bans Perth adviser

KANIKA SOOD  |  THURSDAY, 15 NOV 2018
... account, ASIC said. "Between 25 October 2017 and 23 January 2018, four of Mr Wilson's clients received payments into their bank accounts from their superannuation funds. Due to Mr Wilson's planned actions, the clients received more than they ...

Global tech wars disrupt $600m market

MICHELLE BALTAZAR  |  WEDNESDAY, 14 NOV 2018
... Westfield. While the partnership was focused on their retail payments platform Alipay, Ant Financial also has a global digital bank (MYbank), wealth management business (Ant Fortune) and money market fund (Yu'e Bao). The millennials, more than any other ...

TCorp sets green bond record

DARREN SNYDER  |  WEDNESDAY, 14 NOV 2018
... a yield of 3.235%, maturing in November 2028. The breakdown of the bond issuance included: 70% to asset managers; 14% to bank balance sheets; 8% to institutions; 5% to trading desks and 3% to hedge funds. Geographically, 82% went to Australia; 7% to ...