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Showing 5791 - 5800 of 17959 results for "Bank"

Euro strength is a source of weakness

BENJAMIN ONG  |  FRIDAY, 8 SEP 2017
It didn't happen overnight, but it did happen. European Central Bank president Mario Draghi's concern over the impact of the euro currency's appreciation, that is. Recall that the ECB had been conspicuous in its silence about the euro since its 20 July ...

Broaden ASIC banning powers: Report

KARREN VERGARA  |  THURSDAY, 7 SEP 2017
The corporate regulator could soon have increased power to ban "unfit" senior managers, directors and officers of financial services companies. This is the key recommendation the ASIC Enforcement Review Taskforce flagged in its sixth report aiming to ...

Retirement village receives super fund boost

EMMA RAPAPORT  |  THURSDAY, 7 SEP 2017
An owner, developer and manager of retirement villages throughout the east coast of Australia is poised for further expansion following a majority equity investment from an industry superannuation fund. First State Super, manager of $85 billion in retirement ...

Latin America: the best-kept investment secret

ALEX BURKE  |  THURSDAY, 7 SEP 2017
With strong growth characteristics and increasing diversification of trade, Latin America's Pacific Alliance presents many opportunities for investors. The alliance - comprising Colombia, Chile, Peru and Mexico - was described as a "secret well kept" ...

Canada economic growth changes gears

BENJAMIN ONG  |  THURSDAY, 7 SEP 2017
The financial headlines talked about the Bank of Canada's (BOC) decision last night to raise its benchmark overnight rate by 25 basis points to 1% - and the Bank Rate and the deposit rate by the same to 1.25% and 0.75% - as having taken the markets ...

Boring is good

BENJAMIN ONG  |  WEDNESDAY, 6 SEP 2017
Less than a fortnight from now, Philip Lowe celebrates his first anniversary as Governor of the Reserve Bank of Australia (RBA) - succeeding Glenn Stevens on 18 September 2016. One thing that could be said about his first year stint as head honcho of ...

CBA class action moves forward

KARREN VERGARA  |  TUESDAY, 5 SEP 2017
IMF Bentham today announced it will formally fund an open class action against the Commonwealth Bank relating to alleged breaches of anti-money laundering and counter terrorism financing laws. The class action will consist of shareholders who purchased ...

Citi expands Australian wealth business

KARREN VERGARA  |  TUESDAY, 5 SEP 2017
Citi will treble its Australian wealth management business by 2020, announcing plans to rapidly expand its client base and increase staff by more than 100 over the next three years. The firm is focusing on meeting the needs of Australia's rapidly growing ...

Who's afraid of North Korea? Not the South Koreans

BENJAMIN ONG  |  TUESDAY, 5 SEP 2017
... monetary policy statement - where it kept interest rates unchanged for the 12 straight meeting at a record low 1.25% - the Bank of Korea's (BOK) only reference to "Kim" was to "closely monitor... geopolitical risks."

Female SMSF investors more focused on securing retirement

JAMIE WILLIAMSON  |  MONDAY, 4 SEP 2017
... in cash and large cap domestic equities, but some SMSFs are more diversified than we give them credit for," Commonwealth Bank head of SMSF Customers, Marcus Evans said. "In the current low growth environment, it seems SMSFs have been seeking cost-effective ...