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Showing 471 - 480 of 5968 results for "banks"

RBA lifts rates, lifts markets

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
... 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 ...

Equipsuper restructures investment team

ANDREW MCKEAN  |  TUESDAY, 4 OCT 2022
... 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 ...

Tech providers support QAR SOA proposals

CASSANDRA BALDINI  |  THURSDAY, 29 SEP 2022
... 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 ...

No escaping volatility: AMP

ANDREW MCKEAN  |  FRIDAY, 23 SEP 2022
At least for the next few months while central banks are raising rates, expect the volatility we've seen in share markets, currencies and fixed income to remain in play, warned AMP senior economist Diana Mousina at the Association of Financial Advisers' ...

The time for change is now: Jones

CASSANDRA BALDINI  |  WEDNESDAY, 21 SEP 2022
... why we are doing that," Jones said. Jones was also questioned as to whether falling adviser numbers would see super funds, banks and insurers considered to provide some form of advice and plug the gap - something that has been proposed by Michelle Levy ...

Consultation opens on crypto regulation bill

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
... digital asset exchanges, custody services, stablecoin issuers, and instigates disclosure requirements for Chinese state-owned banks that facilitate e-Yuan in Australia. Bragg cited the government's inaction on digital assets as the reason why Australia ...

Lack of transparency hindering access to financial services: Survey

CHLOE WALKER  |  THURSDAY, 15 SEP 2022
... LexisNexis Risk Solutions has revealed the results of its 2022 Financial Transparency and Inclusion Report, which surveyed banks, insurers and non-bank financial institutions across 13 countries and regions. According to the report, 69% of respondents ...

Local head named for BNP Paribas custody business

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2022
... custodian said. It follows Braga's departure in December 2021. Since, the business' chief operating officer David Banks has also been serving as acting head of Australia and New Zealand. Cheever was most recently head of global services for Australia ...

APRA to modernise regulatory frameworks

ANDREW MCKEAN  |  TUESDAY, 13 SEP 2022
APRA has outlined plans for its multi-year program to modernise the architecture of prudential standards for banks, insurers, and super funds. The program, which commenced last year, is intended to ensure the framework continues to underpin financial ...

APRA aims to bolster financial crisis response

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
APRA has begun consulting on new prudential standards to strengthen the financial crisis response of banks, insurers and superannuation trustees. The regulator said the two proposed standards are aimed at ensuring entities are prepared to deal with ...