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Showing 541 - 550 of 5969 results for "banks"

Westpac now an open book on pay

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... CBA results in reduced compensation for women of about $500 million per year. "This announcement demonstrates that these banks can take these decisions if they so choose. If Westpac can do it, so can Commonwealth Bank of Australia," FSU national secretary ...

Credit market outlook strong: ABDO

CHLOE WALKER  |  WEDNESDAY, 30 MAR 2022
... economic growth. Despite several headwinds, such as COVID variants, the war in Ukraine, supply chain imbalances, and central banks moving from an era of free and cheap money, reflecting rising inflation, there is still reason to believe that global expansion ...

PGIM hires head of wealth

JAMIE WILLIAMSON  |  TUESDAY, 29 MAR 2022
... "to provide world-class investment solutions to the Australian intermediated wholesale advice market, including private banks and advisories servicing the high-net-worth and sophisticated investor segment". PGIM managing director PGIM Institutional Relationship ...

Managed accounts FUM at $131bn

CHLOE WALKER  |  TUESDAY, 15 MAR 2022
... that time FUM held in managed accounts totalled $111 billion. Participants in the census ranged from the large platforms, banks, and MDA Providers through to individual licensees. IMAP chair Toby Potter said that the growth rate in managed accounts is ...

Can Russia use crypto to get around sanctions?

ELIZABETH MCARTHUR  |  FRIDAY, 11 MAR 2022
... explained that crypto can be used to get around sanctions. "The sanctions, specifically SWIFT, stop transactions through certain banks, meaning that payments for purchases cannot be settled. If the seller (Russia) accepts cryptocurrencies, and the buyer ...

80% of Aussies expect ethical investing

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 MAR 2022
Four in five Australians expect their money in super, banks and other investments to be invested responsibly, with 17% of Australians already investing in ethical and responsible products, according to the Responsible Investment Association Australasia ...

Supply chain, labour shortage fears: Analysts

CHLOE WALKER  |  TUESDAY, 1 MAR 2022
... cover are more confident about investing in their businesses over the year ahead. Confidence is likely boosted by the fact banks traditionally do well when inflation and interest rates are rising. However, the price of skilled labour is an issue: it ...

Australia confirms economic sanctions against Russia

ELIZABETH MCARTHUR  |  TUESDAY, 1 MAR 2022
... Germany, Italy, the United Kingdom, Canada, and the United States. These measures include the removal of selected Russian banks from the SWIFT global payments messaging system. They also include restrictive measures to prevent the Russian Central Bank ...

EM investors brace for geopolitical impact

KARREN VERGARA  |  FRIDAY, 25 FEB 2022
... conditions could mean that market outcomes are less satisfactory if the conflict cannot be contained, especially if central banks make a policy error," she said. "In examining sharemarket behaviour over the past hundred years, we think it is particularly ...

Chief economist: Is this a buy op?

BENJAMIN ONG  |  FRIDAY, 25 FEB 2022
... at the end of the day, Russia's invasion of Ukraine has improved equity market valuations and perhaps, cause central banks to rethink their policy stance towards less aggression. As I write, US equity markets have closed higher, and those in Australia ...