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Showing 551 - 560 of 5944 results for "Banks"

APRA finalises new bank capital framework

CHLOE WALKER  |  TUESDAY, 30 NOV 2021
... Basel III requirements. The new regime, which APRA has been consulting on for four years, will help to ensure Australian banks continue to have the financial strength to withstand future adverse economic conditions, ensuring depositors are protected ...

Economic recap: Week to November 26

BENJAMIN ONG  |  MONDAY, 29 NOV 2021
... already jumped the gun. The RBNZ raised interest rates by 25 basis points to 0.5% in October - ahead of the other central banks' (mentioned above) their policy adjustments - "so as to maintain low inflation and support maximum sustainable employment". ...

Guidance on financial risks of climate change released

JAMIE WILLIAMSON  |  FRIDAY, 26 NOV 2021
... how institutions must identify and monitor risk, covering governance, risk management, scenario analysis and disclosure. Banks, insurers and superannuation funds are encouraged to begin using the guidance immediately, APRA said. Following consultation ...

ASIC sues ANZ over home loan referrals

CHLOE WALKER  |  FRIDAY, 26 NOV 2021
... based on false information and some consumers may have entered into home loans that were beyond their ability to pay. "If banks are going to accept referrals of consumers seeking a home loan from unlicensed individuals, who receive commission payments ...

ACCC not opposed to NAB, Citi deal

CHLOE WALKER  |  THURSDAY, 25 NOV 2021
... mergers in the financial industry do not limit the competitive constraint provided by providers outside of the major four banks, however, in this case the ACCC did not consider there would be a substantial impact in any market," Sims said. NAB first ...

Hume throws shade at trustee rainy day funds

KARREN VERGARA  |  MONDAY, 22 NOV 2021
... might too," Hume warned. Elsewhere in her speech, Hume assured that the Compensation Scheme of Last Resort does not let banks off the hook. CSLR, which covers unpaid compensation awarded as a result of misconduct relating to a targeted range of financial ...

Economic recap: Week to November 19

BENJAMIN ONG  |  MONDAY, 22 NOV 2021
... markets by virtue of the anticipated central bank policy responses to keep the tide of rising prices at bay. Some central banks have already raised interest rates, others "tapered" their bond purchases, and the Reserve Bank of Australia (RBA) ditched ...

Pallas launches debt facility

KARREN VERGARA  |  TUESDAY, 16 NOV 2021
... types that PFT funds, such as value-add investment loans, residual stock and pre-development loans are the loan types the banks have limited appetite to fund," he said. "With Credit Suisse as a funding partner, PFT is protected from such pressures on ...

Aussie dividends recover losses

ANNABELLE DICKSON  |  MONDAY, 15 NOV 2021
... Henderson head of Australia Matt Gaden said. "While the relatively high concentration of Australia's dividend payers in banks and miners still calls for seeking greater sectoral and geographical diversification, the Q3 result is undoubtedly a strong ...

Metrics Credit Partners acquires

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
... the first Australian non-bank asset manager to join the Climate Bonds Partnership Programme. Metrics joins the big four banks, the Green Buildings Council of Australia, and the Clean Energy Finance Corporation in the Climate Bonds Initiative's (CBI) ...