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Showing 6151 - 6160 of 17959 results for "Bank"

Price-pressured

BENJAMIN ONG  |  WEDNESDAY, 22 MAR 2017
... additional credence to BOE monetary policy committee member Kristin Forbes' dissent - she "considered it appropriate to increase Bank Rate by 25 basis points" -- at the March meeting. Along with the low unemployment rate -4.7% in the three months to ...

Higher and higher

BENJAMIN ONG  |  WEDNESDAY, 22 MAR 2017
The Australian Bureau of Statistics' (ABS) update on residential property prices brought home the Reserve Bank of Australia's current concerns and noted in its March monetary policy statement: "Conditions in the housing market vary considerably around ...

Labour costs rising

BENJAMIN ONG  |  TUESDAY, 21 MAR 2017
In its 9 March statement, the European Central Bank (ECB) stated that, "A very substantial degree of monetary accommodation is still needed for underlying inflation pressures to build up and support headline inflation in the medium term". However, if ...

Public service veteran retires from AMP

ALEX BURKE  |  MONDAY, 20 MAR 2017
... in 2008, held multiple positions including chair of the risk committee and non-executive director of both AMP Life and AMP Bank. Shergold is the current chancellor of Western Sydney University and has had an extensive career in public service, having ...

One Direction and the BOE

BENJAMIN ONG  |  MONDAY, 20 MAR 2017
There's "One Direction (1D)" - the English-Irish pop music boy band -- and there's the Bank of England (BOE). Like the big event of March - the US Federal Reserve lifted the fed funds rate by 25 basis points to 0.75% - 1.0% at its 15-16 March FOMC meeting ...

Major ASIC project finds serious financial advice concerns

ALEX BURKE  |  FRIDAY, 17 MAR 2017
ASIC has released a report on how large financial advice firms have addressed serious conduct, compliance and customer remediation issues, revealing serious concerns about how the industry has operated over the past five years. The report is part of ...

Compliance and cybersecurity keeping bankers awake

KARREN VERGARA  |  FRIDAY, 17 MAR 2017
... relentless in driving out costs and managing risks. The key to success will be building a better ecosystem, not a bigger bank," Dring said. "Even in today's challenging and volatile global market, uncertainty cannot be an excuse for inaction. Banks must ...

More fires than hires

BENJAMIN ONG  |  FRIDAY, 17 MAR 2017
... trade weighted index (TWI) this year to date - and still below target inflation - put pressure on the Australian central bank for another rate cut. However, this is easier said than done due to the continued bump in property prices and expectations for ...

Hastings wins Japanese government mandate

ALEX BURKE  |  THURSDAY, 16 MAR 2017
Hastings Funds Management was awarded an infrastructure debt mandate by the $181 billion bank owned by the Japanese government. The Development Bank of Japan, which is managed by the Japanese Minister of Finance and provides investment and loan services ...

BTIM builds out multi-asset team

ALEX BURKE  |  THURSDAY, 16 MAR 2017
BT Investment Management is launching a new US-based multi-asset investment strategy and appointing a former managing director at JANA Partners to head it up. Giorgio Caputo will join BTIM subsidiary J O Hambro Capital Management (JOHCM) in April, and ...