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Showing 621 - 630 of 5944 results for "Banks"

OpenMarkets hires, acquires, preps for IPO

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
... that educates investors on lowering risk and generating better returns," he said. "However, larger advice providers like banks and other advisers have retreated from the sector because of higher standards and costs from the Financial Adviser Standards ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
... including progress on vaccinations." COVID-19's still devastating many parts of the world. The Fed and other central banks and governments aren't going to rest easy until the pandemic is over and done with.

BNY Mellon partners with FRT

JAMIE WILLIAMSON  |  FRIDAY, 30 APR 2021
... requiring investors to expand their shareholder litigation recovery program beyond what is currently provided by custody banks," FRT chief executive Rob Adler said. "This alliance ensures BNY Mellon clients have the most complete coverage and governance ...

Westpac settles life insurance class action

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
Westpac has settled a class action relating to life insurance sold through its financial advice network. The class action was brought against Westpac Group by Shine Lawyers in 2017. It claimed that between 2011 and 2017, customers who received financial ...

BetaShares launches hybrids ETF

KANIKA SOOD  |  TUESDAY, 27 APR 2021
BetaShares has launched a new ETF that invests in ASX-listed preference shares issued by the big four Australian banks. The BetaShares Major Bank Hybrids Index ETF (ASX: BHYB) will invest in ASX-listed, AUD denominated preference share issues with a ...

Queensland bans Dollarmites

KARREN VERGARA  |  TUESDAY, 27 APR 2021
... school-banking program, which has been dominated by CBA's Dollarmites, released in late 2020. The two-year review found that banks are selling such programs as a "community service" when in reality their purpose is for "commercial gain". Providers do ...

Chief economist update: Tomorrow never dies

BENJAMIN ONG  |  MONDAY, 26 APR 2021
... recovery is gaining momentum. Mea culpa, but I've forgotten to include the commitment and assurances from global central banks and governments to keep on giving until the yoke of yesterday gives way to a better tomorrow. Latest readings from Markit ...

APRA releases draft climate change guidance

RACHEL ALEMBAKIS  |  FRIDAY, 23 APR 2021
... released a draft guide for Prudential Practice Guide CPG 229 Climate Change Financial Risks (CPG 229), designed to assist banks, insurers and superannuation funds in managing climate-related risks and opportunities as part of their existing risk management ...

Chief economist update: Bank of Canada walks the talk

BENJAMIN ONG  |  THURSDAY, 22 APR 2021
Browse through recent monetary policy statements released by many central banks around the world and you'll notice a central theme - economic recovery starting this year powered by vaccinations, eased restrictions (in some countries), adaptation ...

Government debt blows out 420%

KARREN VERGARA  |  TUESDAY, 20 APR 2021
... said. Sivapalan predicts risk-free rates will begin to gradually trend upwards gradually over the coming decade as central banks and governments err on the side of creating a slightly higher level of inflation than perhaps they've targeted in the ...