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Showing 6311 - 6320 of 17959 results for "Bank"

Regulator finalises ANZ compliance review

ALEX BURKE  |  FRIDAY, 23 DEC 2016
ASIC confirmed the completion of ANZ's independent compliance review. The review, which was conducted by PwC, investigated compliance functions of ANZ's life and general insurance, superannuation and funds management businesses within the OnePath group. ...

A$ drop brings good cheers

BENJAMIN ONG  |  FRIDAY, 23 DEC 2016
... the support the domestic economy needs to get it out of the third quarter funk. The exact same thing the European Central Bank and the Bank of Japan are trying to engineer with their own legal tenders. A trip down memory lane shows how the dollar-A's ...

Goldman Sachs fined $120m for rate rigging

JAMIE WILLIAMSON  |  FRIDAY, 23 DEC 2016
... deliberately designed - in timing, price, and other respects-to influence the published USD ISDAFIX in order to benefit the bank in its derivatives positions." The bank, which was also accused of providing false reports on the benchmark rate, has refused ...

Top 10 executive appointments in 2016

STAFF WRITER  |  FRIDAY, 23 DEC 2016
... Group executive personal banking Gavin Slater; group executive, enterprise services and transformation Renee Roberts left the bank while group executive of governance and reputation Michaela Healey indicated her intention to retire. Under the organisational ...

Medium risk for terrorism funding in financial advice

ALEX BURKE  |  THURSDAY, 22 DEC 2016
... client who was either the victim of or complicit in an internet scam, where they intended to transfer money from an overseas bank to an Australian account under the advice of a person "on a crime list for suspected terrorist financing." In the second ...

Two of the big four in ASIC spotlight

ALEX BURKE  |  THURSDAY, 22 DEC 2016
ASIC accepted enforceable undertakings from National Australia Bank and Commonwealth Bank of Australia following an investigation by the corporate regulator. The undertakings relate to the banks' wholesale spot foreign exchange businesses. ASIC determined ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 22 DEC 2016
... expectations for a pick-up to 1.6% and the fastest pace of consumer price rises since May's 2.0% rate. However, it remains below Bank Negara Malaysia's 2.5%-3.5% target for this year. Last month's pick up in prices was driven by stronger year-on-year ...

IOOF shifts senior staff to lead Bridges

JAMIE WILLIAMSON  |  WEDNESDAY, 21 DEC 2016
... 2017. The appointments follow the news earlier this week of Bridges acquiring the advice arm of Queensland-based Heritage Bank.

Top 10 superannuation stories in 2016

STAFF WRITER  |  WEDNESDAY, 21 DEC 2016
... billion in FUM. The move follows NAB selling its life insurance business, under the MLC brand, to Nippon Life; in doing so, the bank separated its investments, life insurance and superannuation arms, allowing for the simplification and consolidation ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 21 DEC 2016
... year to the third quarter, accelerating from 1.0% in the previous quarter. This should help support the European Central Bank's effort to raise consumer price inflation - headline CPI inflation up 0.6% (yoy) in November from 0.5% in October; core CPI ...