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Showing 5921 - 5930 of 17959 results for "Bank"

ASX appoints new senior executive

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUL 2017
The current chief information officer for the Commonwealth Bank's Commsec and Private Bank will join the executive lineup of the ASX in September. Dan Chesterman has been appointed as the ASX's new chief information officer, reporting to chief operating ...

Data dictates immediate BOE action

BENJAMIN ONG  |  WEDNESDAY, 5 JUL 2017
No one expected the Reserve Bank of Australia (RBA) to raise or lower the official cash rate from its current 1.5% when its board met on the 4 July, but only a few expected the Australian central bank to follow its bigger overseas peers into a more ...

Banks continue campaign to discredit SA bank tax

JAMIE WILLIAMSON  |  TUESDAY, 4 JUL 2017
... plans." He reinforced ANZ's belief that a greater tax on banks would prove harmful to Australians, highlighting that while the bank's profits are large, they are less than that of some ASX-listed companies and are largely passed on to shareholders - ...

Not so happy EOFY for the All Ords

BENJAMIN ONG  |  MONDAY, 3 JUL 2017
Hawkish central bank speaks may have damped equity market sentiment in towards the dying days of June, but Australian equities less so - the All Ordinaries index outperformed (up 0.05% over the month) both developed market equities (down 3.17%) and ...

Australian property love affair cannot please everyone

BENJAMIN ONG  |  FRIDAY, 30 JUN 2017
... prices for all dwellings increased by 9.7% over the year, up from 8.5% in May. Private sector credit (d efinition) The Reserve Bank of Australia (RBA) publishes data on Australian private sector credit in its monthly RBA Bulletin. The RBA disaggregates ...

UBS chief economist resigns

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2017
... that Haslem has decided to pursue opportunities outside of sell-side research, following about 20 years with the investment bank. Replacing him will be George Tharenou who is currently a senior economist within Haslem's team. Tharenou joined UBS in 2006 ...

Australian end of financial year sale

BENJAMIN ONG  |  FRIDAY, 30 JUN 2017
... slack in Canadian economy is being absorbed "steadily" at current pace of growth. BOE governor Carney rounded up the central bank-speak, saying that some removal of the stimulus is likely to become necessary if the trade-off between inflation and growth ...

Zagga pitches alternative asset class

EMMA RAPAPORT  |  FRIDAY, 30 JUN 2017
... not going after the banks as they will seek to fund loans for individuals, companies, and trusts who are unable to secure a bank loan for a variety of reasons including borrowers who are asset rich but cash poor, and unusual or urgent deals. "We don't ...

Reflation narrative lacks substance: MFS

ALEX BURKE  |  THURSDAY, 29 JUN 2017
... for reflation, whether through the lens of global growth or inflationary expectations starting to meet what certain central bank targets have been. We just don't think this stuff is sticky or persistent," he said. Adams attributed the growth of the reflation ...

FoFA should also protect retail banking customers: FSU

KARREN VERGARA  |  THURSDAY, 29 JUN 2017
... poor behaviour to sell products "at all costs" across the wider industry. "Why should a customer seeking advice from their bank or insurer about a home loan, credit card, personal loan or general insurance product not have the same ethical underpinning?" ...