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Showing 5851 - 5860 of 17959 results for "Bank"

ISA reappoints policy expert

JAMIE WILLIAMSON  |  MONDAY, 7 AUG 2017
... described his appointment as integral to its efforts in defending industry super fund members against policy reform proposed by bank-owned funds. Coates also served as a senior manager with ASIC, overseeing consumer protections in financial advice, and ...

First XTB 'Floater' model portfolio launched

JAMIE WILLIAMSON  |  MONDAY, 7 AUG 2017
... partnered to deliver the XTB Active Cash Australia model portfolio, meeting growing demand for a liquid yield alternative to bank deposits. XTBs provide a means for retail investors to gain exposure to Australian corporate bonds, with each XTB offering ...

Australian dollar poses problem for RBA

BENJAMIN ONG  |  MONDAY, 7 AUG 2017
"The Australian economy is evolving broadly as expected. The Bank's forecasts are little changed from those published in the May Statement on Monetary Policy. The economy is expected to grow at an annual rate of around 3% over the next couple of years ...

Wealth begins its blockchain reaction

DARREN SNYDER  |  MONDAY, 7 AUG 2017
... distributed ledger solutions solving vast problems and inefficiencies in the marketplace. In October 2016, the Commonwealth Bank and Wells Fargo embarked on the first blockchain-based global trade transaction between two commercial banks. The transaction ...

CBA faces anti-money laundering allegations

EMMA RAPAPORT  |  FRIDAY, 4 AUG 2017
The Commonwealth Bank is potentially facing millions of dollars in civil penalties following allegations it did not comply with anti-money laundering and counter-terrorism law. Financial intelligence and regulatory agency AUSTRAC has initiated Federal ...

Best practice drives Media Super appointments

JAMIE WILLIAMSON  |  FRIDAY, 4 AUG 2017
Media Super has expanded its leadership team with the addition of two superannuation experts. Joining as general manager, engagement is Jennifer McSpadden. She joins the $4.9 billion super fund from fintech SuperEd. Appointed in June, McSpadden replaces ...

RBI succumbs to low-flation

BENJAMIN ONG  |  FRIDAY, 4 AUG 2017
The Reserve Bank of India (RBI) cut interest rates by 25 basis points - repo rate to 6% (the first reduction in 10 months and the lowest rate since October 2010) and the reverse repo rate to 5.75% (reversing the 25 bps hike announced only four months ...

Suncorp hails diversity amid profit boost

ALEX BURKE  |  THURSDAY, 3 AUG 2017
Suncorp chair Ziggy Switkowski praised the group's 49% female leadership while announcing a 3% boost in net profit to $1.075 billion. The update on the banking and wealth management firm's diversity figures forms part of Suncorp's new corporate responsibility ...

Advice, ETFs and SMAs form powerful combination

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2017
... substantial impact on the scalability of a business. Howie presented a case study - produced in partnership with Macquarie Bank over the course of three years - on an existing full service Australian advice firm with an established market position seeking ...

Chi-X appoints Australia chief from Deutsche Bank

ALEX BURKE  |  THURSDAY, 3 AUG 2017
... chief executive has been appointed. Replacing Fildes is Vic Jokovic. Jokovic takes on the role after retiring from Deutsche Bank in February, having been managing director, co-head of global markets, Australia/New Zealand. Before this role, he held other ...