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Showing 591 - 600 of 5970 results for "banks"

CBA pleads guilty to selling junk insurance

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
... Commissioner Hayne. The charges also come after ASIC undertook a review of the sale of consumer credit insurance by 11 major banks and other lenders. "Following a review of consumer credit insurance, ASIC banned the unsolicited sale of this insurance ...

Law firm adds financial services partner

JAMIE WILLIAMSON  |  MONDAY, 25 OCT 2021
... markets, anti-money laundering, prudential and general corporate regulation. He has previously advised retail and investment banks, fund managers and corporate advisers, both in Australia and overseas. "With continued regulatory focus on the financial ...

Economic recap: Week to October 22

BENJAMIN ONG  |  MONDAY, 25 OCT 2021
... much so that in its 13 April 2013 publication, The Economist printed "The death of inflation" with the tagline "Central banks in the rich world may have been too successful in subduing price pressures". The certainly of tamed and predictable low inflation ...

Pinnacle backs investment platform

ELIZABETH MCARTHUR  |  FRIDAY, 22 OCT 2021
... financial advice sector. "With the introduction of increased regulation post the Hayne Royal Commission, the exit of the major banks from the wealth management sector and the ongoing reductions in the number of licensed advisers, there is a growing "advice ...

APRA readies new super fund remuneration regime

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
... prudential soundness in the past." "With just over a year to go until the new prudential standard takes effect, we expect banks, insurers and superannuation licensees to be preparing now to ensure they are ready to comply with the new requirements," ...

BlackRock names APAC wealth lead

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
... Lima to the position of Asia Pacific head of wealth, responsible for developing strategies for wealth management, private banks and family office clients. Lima has relocated to Hong Kong for the role. Previously, he was based in Sydney overseeing Westpac's ...

Actuaries Institute devises director skills checklist

JAMIE WILLIAMSON  |  MONDAY, 18 OCT 2021
... Rafe and former APRA deputy chair Ian Laughlin have made recommendations and devised a checklist, specifically aimed at banks and insurance companies, to help avoid issues raised in the Royal Commission. Rafe and Laughlin believe all new board members ...

Metrics Credit Partners joins climate partnership

ANNABELLE DICKSON  |  THURSDAY, 14 OCT 2021
... the first Australian non-bank asset manager to join the Climate Bonds Partnership Programme. Metrics joins the big four banks, the Green Buildings Council of Australia and the Clean Energy Finance Corporation in the Climate Bonds Initiative's (CBI) programme. ...

Economic recap: Week to October 8

BENJAMIN ONG  |  MONDAY, 11 OCT 2021
... across many, if not most, global economies. So much so that, not only the US Federal Reserve, but most major world central banks have been hard at work trying to get measured inflation up to their targets. The covid-19 pandemic initially brought down ...

Energy leads top stock picks: Morningstar

ANNABELLE DICKSON  |  THURSDAY, 7 OCT 2021
... to credit growth and cost-cutting, but rising interest rates are set to increase interest margins and profits for major banks. From the sector, Morningstar's top picks were Westpac for its high-quality loan book, Challenger as it trades at an attractive ...