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Showing 5371 - 5380 of 17959 results for "Bank"

Chief economist update: Home cooling

BENJAMIN ONG  |  WEDNESDAY, 21 MAR 2018
... to end-February. The year-on-year growth rate has slowed some more to 1.1% as at the 20th of March. The Australian central bank would definitely welcome this orderly slowdown in property price growth, particularly in terms of its efforts to lessen financial ...

ANZ considering IPO for subsidiary

KANIKA SOOD  |  TUESDAY, 20 MAR 2018
... initial public offering for a New Zealand subsidiary, after an attempt to sell it to a Chinese buyer was blocked last year. The bank was set to sell UDC Finance to Chinese behemoth HNA Group for NZ$660 million when the NZ regulator pulled the breaks ...

ING appoints head of wealth from Suncorp

ALEX BURKE  |  TUESDAY, 20 MAR 2018
... and product at Australian Wealth Management, marketing manager at Citibank Australia, head of research services at Colonial Bank and market research manager at Rothschild. At the same time as Duncan's appointment, APRA announced ING was granted approval ...

Praemium data feeds added to BGL platform

KANIKA SOOD  |  MONDAY, 19 MAR 2018
... director Ron Lesh said his team has been adding new data feeds every month. "Over the past 12 months we have added numerous bank, broker, wrap and platform data fees bringing the total number to an industry leading 200+ integrations," Lesh said. The ...

ANZ halts asset secured loans to retail customers

KANIKA SOOD  |  MONDAY, 19 MAR 2018
ANZ will stop issuing new secured asset finance loans to retail customers, as the bank conducts an internal review of the business. New loans will cease from 30 April. "Given the increased technology costs required to effectively compete in the secured ...

Climate change a real risk for investors: Poll

KARREN VERGARA  |  MONDAY, 19 MAR 2018
... the Task Force on Climate-Related Financial Disclosures (TCFD), established by the Financial Stability Board, chaired by Bank of England Governor Mark Carney, to address systemic financial risk posed by climate change, the report said. Deutsche Asset ...

SMEs shun banks, turn to fintechs

KARREN VERGARA  |  MONDAY, 19 MAR 2018
Small-to-medium enterprises are increasingly shunning banks and turning to fintechs and alternative sources to fuel growth and operational needs, an SME growth sentiment index shows. The proportion of SMEs planning to use banks dropped from 38% to 24% ...

Chief economist update: Plotting the dots

BENJAMIN ONG  |  MONDAY, 19 MAR 2018
... taking the fed funds rate to 1.5%-1.75% - CME FedWatch Tool has the probability of a rate hike at 94.4% - when the US central bank concludes its two-day FOMC meeting on 21 March. But perhaps, the right statement is not that markets are widely expecting ...

Nomura appoints Australian president

KANIKA SOOD  |  FRIDAY, 16 MAR 2018
Diversified Japanese financial services group Nomura has appointed a president for its Australian operations. Yuji Yamasaki has been appointed as president for Nomura Australia Limited. Parent company Nomura Holdings said it is a key appointment among ...

NAB launches super virtual assistant

KARREN VERGARA  |  FRIDAY, 16 MAR 2018
NAB has launched a digital assistant that helps MLC members engage with their superannuation. Available on Google Home devices, Talk to MLC answers 15 common questions members ask: such as how to open an MLC account, find lost super and change investment ...