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Showing 5981 - 5990 of 17959 results for "Bank"

Distribution reshapes globalisation: Capital Group

DARREN SNYDER  |  THURSDAY, 1 JUN 2017
... said. "It was set up in 2007 and has $45 billion of annual transactions or two-thirds of Kenya's GDP. If people didn't have a bank account before they now do - and it's on their phone so employers can pay directly to the mobile phone account. "It's a ...

Super funds must do more digitally

JAMIE WILLIAMSON  |  THURSDAY, 1 JUN 2017
Digital advice is seen as a must by 80% of superannuation funds, yet less than 20% have engaged in or are looking to implement digital advice. A majority of super funds have only begun investing in online strategies in the last three years. New findings ...

Be careful what you wish for

BENJAMIN ONG  |  THURSDAY, 1 JUN 2017
The Reserve Bank of Australia (RBA) meets again Tuesday next week and no one expects it to raise or lower interest rates after the 6 June soiree. The Australian central bank is caught between the proverbial rock and a hard place. It's caught between ...

ASIC boosts support for regtech

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2017
ASIC is ramping its support for regulatory technology businesses or 'regtechs' in response to an overwhelming number of organisations expressing frustration over complex compliance burdens. The corporate watchdog recently announced the next phase of ...

Approved to build more dwellings

BENJAMIN ONG  |  WEDNESDAY, 31 MAY 2017
The Reserve Bank of Australia (RBA) and the Australian Prudential Regulations Authority (APRA) - especially after its tighter home lending regulations announced in late March -- wouldn't be pleased with the Australian Bureau of Statistics' (ABS) report ...

ASIC cancels AFSL, bans former executives and fund managers

JAMIE WILLIAMSON  |  TUESDAY, 30 MAY 2017
The AFSL of an international foreign exchange brokerage service provider was cancelled by ASIC for non-compliance. The Australian arm of Gallop International was found to have repeatedly failed to comply with the conditions of its licence and its obligations ...

HUB24 lures talent as growth strategy progresses

JAMIE WILLIAMSON  |  TUESDAY, 30 MAY 2017
... private wealth management. HUB24 has also appointed a group financial controller, recruiting Damon Fenner from Commonwealth Bank where he was a senior manager. Fenner will assist in supporting the platform's high profile business partnerships. He has ...

No spend, no inflation

BENJAMIN ONG  |  TUESDAY, 30 MAY 2017
... core-core rate of inflation (ex- fresh food and energy) went up to 0% from -0.1%. Admittedly, all measures remain way below the Bank of Japan's (BOJ) 2% inflation target but if the economy keeps on growing "above its potential" as the central bank expects ...

Banks charging more for less in super

ALEX BURKE  |  MONDAY, 29 MAY 2017
... compulsory super to their customers, shareholders and the general public." "The government and regulator need to find out if the bank-owned super funds are eroding workers' super savings by generating profits for the parent bank," Whiteley said. The ...

Banking and Finance Oath secures strong conference program

DARREN SNYDER  |  MONDAY, 29 MAY 2017
... foundations in financial services. Banking and Finance Oath executive Cris Parker said the industry has heard enough about bank scandals and greed, and the conference will provide an opportunity to explore the crucial role individuals play in ensuring ...