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Showing 5091 - 5100 of 17956 results for "Bank"

Chief economist update: It's always slow in America in Q1

BENJAMIN ONG  |  FRIDAY, 29 JUN 2018
... and the three other quarters." CNBC quoted Tom Stark - manager of the Real-Time Data Research Centre at the Federal Reserve Bank of Philadelphia - observing that "Q1 GDP growth tends to be the lowest of the four quarters" and the Brent Moulton - the ...

Chief economist update: Shanghai's drop is China's problem, the yuan's slide is everyone's

BENJAMIN ONG  |  THURSDAY, 28 JUN 2018
... should "worry over impact." Those who still remember their history will recall that time in August 2015 when the People's Bank of China (PBOC) devalued the yuan from 6.21 to 6.40 per one yankee dollar. The MSCI world index dropped by 10% in response ...

Cryptocurrencies on radar but not priority: RBA

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
Cryptocurrency usage in Australia is currently not large enough to raise policy concerns for the Reserve Bank of Australia (RBA), an official from the central bank said in Sydney yesterday. The Reserve Bank has closely followed developments in the crypto ...

Wealth fintech partners with Milliman

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
... Manish Prasad said the fintech's existing and new clients will benefit from the partnership. "Underpinning Ignition Wealth's bank grade enterprise solutions with the Milliman data platform ensures that we deliver world beating digital decision making ...

Chief economist update: Chinese dragon now a bear

BENJAMIN ONG  |  WEDNESDAY, 27 JUN 2018
... GDP growth forecasts that the mammoth international institutions - International Monetary Fund (6.6%); Asian Development Bank (6.6%); Organisation for Economic Cooperation and Development (6.7%) - or even the Chinese government's 6.5% target, Trump's ...

ASIC not to blame for trust deficit: Shipton

JAMIE WILLIAMSON  |  TUESDAY, 26 JUN 2018
ASIC chair James Shipton rejects suggestions that historic inaction by the regulator contributed to the significant trust deficit present in Australia's financial services industry. Appearing before the House of Representatives Standing Committee on ...

Bank customer trust plummets: Research

KARREN VERGARA  |  TUESDAY, 26 JUN 2018
The level of bank customer trust and satisfaction is worsening thanks to the banking and financial services Royal Commission, according to new surveys. Prior to the Royal Commission, bank customer satisfaction reached 82.3% in January 2018 but plunged ...

NAB names wealth advocate

KARREN VERGARA  |  TUESDAY, 26 JUN 2018
NAB appointed a wealth customer advocate tasked with lifting the standards of the banking group's financial advice complaints process. Clare Petre is the new independent customer advocate for customers, overseeing products, services and advice. She ...

LGIAsuper adds investment veteran to board

KANIKA SOOD  |  TUESDAY, 26 JUN 2018
The $11 billion superannuation fund has added a veteran investment manager to its nine-person board. Ronald Dewhurst will serve on LGIAsuper's board as an independent director. Dewhurst has held senior investment management and leadership roles globally. ...

Chief economist update: Rate hike hawks in RBA dove's shadow

BENJAMIN ONG  |  TUESDAY, 26 JUN 2018
... RBA Shadow Board. They are Doctors Mark Crosby, Warwick McKibbin and James Morley and they have a message for the Reserve Bank of Australia (RBA) best summed up by Dr. Morely: "With debt levels where they are, house prices where they are, and an economy ...