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Showing 5871 - 5880 of 17959 results for "Bank"

Millennial disengagement dire for economy: FSC

KARREN VERGARA  |  THURSDAY, 27 JUL 2017
... set up when the internet was in its infancy. Many haven't embraced digital. Those that have get rewarded. The Commonwealth Bank's Essential Super experienced a 37% increase in members via its digital channel last year, of which almost 90% were aged between ...

Warne flags executive reshuffle at Macquarie AGM

ALEX BURKE  |  THURSDAY, 27 JUL 2017
... was positive about the group's 2018 outlook, he did note his surprise at Macquarie's inclusion in the Government's Major Bank Levy regime, given "the relatively small size of our Australian banking business." He explained: "The annualised cost of the ...

O'Dwyer names one-stop-shop dispute resolution lead

KARREN VERGARA  |  THURSDAY, 27 JUL 2017
... Tribunal from 1 July 2018. Edey retired from the RBA in September 2016 after a 40-year tenure, serving as a member of the bank's senior policy committees and deputy chair of the payments system board. O'Dwyer described the current system as inconsistent ...

NAB collaborates on responsible investment bond

JAMIE WILLIAMSON  |  THURSDAY, 27 JUL 2017
National Australia Bank placed Australia's first sustainability bond for the Australian Catholic University, valued at $200 million. The bond, which funds both green bond and social bond projects aligned to the International Capital Markets Association's ...

Low-flation to lower-flation?

BENJAMIN ONG  |  THURSDAY, 27 JUL 2017
... to do one more rate hike this year and announce the unwinding its balance sheet (potentially in September), the US central bank's more dovish tone reversed the Australian dollar's direction, sending it back up above US$0.80 overnight. The Fed's change ...

Former Wallabies captain joins Stockspot

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2017
... before moving to NAB where he held a number of roles including serving as a wealth director for its global institutional bank and senior manager of its corporate superannuation business. Mortlock said Stockspot demonstrates the future direction of investing ...

Labor unyielding on banking Royal Commission

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2017
The ambit of the Labor Party's proposed banking Royal Commission will extend to all elements of financial services should it be elected to office, Shadow Treasurer Chris Bowen told the FSC Leaders Summit. Bowen made it clear the proposed banking Royal ...

Insurtech is coming and could make insurance obsolete: PwC

EMMA RAPAPORT  |  WEDNESDAY, 26 JUL 2017
The sheer breadth of technological change in the insurance industry is "dazzling" and will make the industry unrecognisable in years to come, a PwC expert said. In a blog published yesterday, digital experience centre lead partner Nick Spooner highlighted ...

Exposing the hidden risks of cash

ALEX BURKE  |  WEDNESDAY, 26 JUL 2017
While Australian equities traditionally occupy the higher-risk portion of an investment portfolio, historical analysis suggests cash may actually be riskier, according to Lazard Asset Management portfolio manager Dr. Philipp Hofflin. Speaking at the ...

Inflation matters

BENJAMIN ONG  |  WEDNESDAY, 26 JUL 2017
In his interview with 'The Independent' earlier this month, the Bank of England's (BOE) MPC external member Gertjan Vlieghe cautioned: "This is an environment where a premature hike would be a bigger mistake than one that turns out to be slightly late." ...