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Showing 6071 - 6080 of 17959 results for "Bank"

The growth-inflation divide

BENJAMIN ONG  |  FRIDAY, 28 APR 2017
... the unifying message from three of the world's major central banks that met over the past 24 hours. As widely expected, the Bank of Japan (BOJ) kept monetary policy settings unchanged - discount rate at -0.1%; 10-year JGB yield target at 0%; asset purchases ...

CFS becomes PRI signatory

KARREN VERGARA  |  THURSDAY, 27 APR 2017
... relation to management of ESG and climate change matters, the company said. The move comes as part of the broader Commonwealth Bank group's wealth management responsible investing initiatives. CFS head of investments Scott Tully commented: "For CFS ...

The CPI report that confirms all biases

BENJAMIN ONG  |  THURSDAY, 27 APR 2017
... report confirms whatever bias you have on the outlook for interest rates - up, down or unchanged. Those expecting the Reserve Bank of Australia to raise interest rates in the foreseeable future (whenever that may be) would point out that the annual headline ...

Millennials' financial heartache drives P2P lending

EMMA RAPAPORT  |  THURSDAY, 27 APR 2017
... economic volatility and very high property prices. They need to be smart with their money, and they know a low-interest bearing bank account isn't always the right choice." In an analysis of RateSetter investors, the platform found 64% of its millennial ...

InFocus restructures to support growth

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2017
... leadership team. Taking on the role of general manager, financial advice is former head of wealth management for Heritage Bank Richard Herbst. Having also previously served as national manager of wealth management at Suncorp, Herbst will be responsible ...

O Canada

BENJAMIN ONG  |  WEDNESDAY, 26 APR 2017
... The United States account for more than 75% of Canada's total exports and over 66% of its imports. This puts at risk the Bank of Canada's (BOC) optimistic outlook for the economy. Exports account for about 30% of Canada's GDP. In its monetary policy ...

Unclaimed money hits $1.1bn: ASIC

KARREN VERGARA  |  WEDNESDAY, 26 APR 2017
Some $1.1 billion of unclaimed money is lying in dormant bank accounts, life insurance and shares, according to ASIC. There is about $62.5 million in unclaimed life insurance policy payouts; $458 million in bank accounts and $309 million in shares and ...

Fortnum names two key hires

DARREN SNYDER  |  MONDAY, 24 APR 2017
... Cassandra Mackay to the role of practice technology manager. Mackay joined Fortnum earlier this year from Bendigo and Adelaide Bank where she was previously digital advice manager. Fortnum Financial Group chief executive and managing director Neil Younger ...

Bankers told to spread positive message

DARREN SNYDER  |  MONDAY, 24 APR 2017
... ahead of schedule. The delivery of two key independent reviews into the Code of Banking Practice (Khoury Review) and retail bank staff remuneration (Sedgwick Review), which will result in significant benefits to customers. Three additional initiatives ...

ASIC signs fintech agreement with Indonesia

EMMA RAPAPORT  |  MONDAY, 24 APR 2017
ASIC and Indonesia's Otoritas Jasa Keuangan (OJK) have entered a co-operation agreement to promote innovation in financial services in the regulators' respective markets. The agreement, signed on Friday in Melbourne, establishes a framework for co-operation ...