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Showing 5881 - 5890 of 17959 results for "Bank"

Financial services not immune to public inquiry

KARREN VERGARA  |  TUESDAY, 25 JUL 2017
While the financial services industry has taken commendable steps in restoring consumers' trust and confidence, it is still not immune to the threat of a public inquiry like the banking sector is currently facing. The industry and its individual organisations ...

Flashes: activity expansion and moderating inflation

BENJAMIN ONG  |  TUESDAY, 25 JUL 2017
... readings on the inflation front - output and input prices increasing at a slower rate in July from June -- justifies the Bank of Japan's recent announcement to push back the timing of when it expects to achieve its 2% inflation target to the year 202 ...

Equity Trustees names philanthropy lead

KARREN VERGARA, JAMIE WILLIAMSON  |  TUESDAY, 25 JUL 2017
A former National Australia Bank executive has joined Equity Trustees as its new general manager of charitable trusts and philanthropy. Jodi Kennedy joins the firm's trustee and wealth services division from NAB where she was head of community engagement ...

Responsible AUM strengthens

KARREN VERGARA  |  TUESDAY, 25 JUL 2017
Nearly half (44%) of Australia's assets under management are invested responsibly, but the lack of awareness and qualified advice around responsible products remain the industry's biggest detractors. The Responsible Investment Association Australasia's ...

Ignition Wealth begins European expansion

JAMIE WILLIAMSON  |  MONDAY, 24 JUL 2017
... firm has welcomed Irish fintech expert Peter Oakes to its advisory board. Oakes is a former senior executive at the Central Bank of Ireland and Bank of America and will provide guidance on the move. Ignition Wealth said its initial priority is to establish ...

Not showing: inflation

BENJAMIN ONG  |  MONDAY, 24 JUL 2017
... inflation. The problem is not measured inflation per se, but what low inflation does to inflation expectations. Just ask the Bank of Japan (BOJ) - it has kept monetary policy unchanged at its Board meeting last week but more importantly, it has pushed ...

Westpac and Charter Hall in talks over infrastructure manager

DARREN SNYDER  |  MONDAY, 24 JUL 2017
Westpac is the latest bank set to offload one of its investment management subsidiaries, announcing exclusive discussions to sell its $14 billion infrastructure manager. Westpac told the ASX it has entered exclusive discussions with property group Charter ...

Government paves the way for open banking

EMMA RAPAPORT  |  FRIDAY, 21 JUL 2017
... from Australia's fintech community to increase banking competition by making it easier for new market entrants to access bank-held customer financial data. Fintechs, including micro-investing application Acorns, often rely on customer data gathered from ...

AMP Capital appoints independent directors

KARREN VERGARA  |  FRIDAY, 21 JUL 2017
... as the group executive for private wealth. His governance experience with ASX-listed and private company boards include ME Bank and the Australian Bankers' Association Council. Long was most recently a group executive and fund manager at Investa Office ...

Good jobs, sluggish pay

BENJAMIN ONG  |  FRIDAY, 21 JUL 2017
... latest Australian labour market update provided another justification for the optimism and seemingly hawkish turn the Reserve Bank of Australia (RBA) conveyed in the minutes of its 4 July board meeting. The Australian Bureau of Statistics (ABS) reported ...