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Showing 631 - 640 of 5944 results for "Banks"

Chief economist update: Copper 10,000

BENJAMIN ONG  |  TUESDAY, 20 APR 2021
... lesser safe-haven purchases) in the revival of global economic activity. This confidence is backed by assurances from central banks and governments around the world to keep monetary policy and fiscal policy accommodative until the economic recovery becomes ...

Equities revenue boost for US banks

ELIZABETH MCARTHUR  |  THURSDAY, 15 APR 2021
... share market activity in the last quarter is being reflected in revenue boosts for some of the world's biggest investment banks. Goldman Sachs reported earnings of US$18.60 on revenues of US$17.7 billion. According to eToro analyst Josh Gilbert, this ...

Atlas Wealth launches mortgage brokerage

KARREN VERGARA  |  WEDNESDAY, 14 APR 2021
... but that doesn't mean you shouldn't be able to secure a home loan if you earn a foreign income." Evans said some banks have decided to completely avoid providing mortgages to Australian expats which can sometimes discourage them from obtaining ...

HNWs change views on advice

ELIZABETH MCARTHUR  |  TUESDAY, 13 APR 2021
... the last 12 months, the use of financial advisers (19%) full-service stockbrokers (15%), wealth managers (7%) and private banks (5%) among HNWs has largely remained static. "The disjoint between the positive views towards advice providers and the current ...

Catholic Super bank implements Temenos

KANIKA SOOD  |  MONDAY, 12 APR 2021
... gain the net interest margin through existing investment methods, rather than through relying on home loans like the major banks do. He also added Challenger would have the opportunity to expand into other products such as reverse mortgages via Catholic's ...

Super funds need to get on board with crypto: Carnegie

ELIZABETH MCARTHUR  |  MONDAY, 12 APR 2021
... 20-year-olds. It's not a particularly comfortable place to be," he said. "But it's been made easy by the fact that central banks all around the world have just been printing so much money and borrowing so much. Yes, people can argue that there ...

Chief economist update: No fear

BENJAMIN ONG  |  MONDAY, 12 APR 2021
... year. Never mind the recent back up in bond yields due to rising inflation expectations. This is because most major central banks, led by the Fed, deem near-term inflationary pressures only transitory while at the same time emphasising their commitment ...

State Street tech to back crypto trading platform

JAMIE WILLIAMSON  |  FRIDAY, 9 APR 2021
... investors seeking an allocation to Bitcoin. Pure Digital said it is in discussions with several other Tier 1 investment banks to use the platform. "We are very excited to announce State Street's involvement in this initiative. They are exploring ...

Junk insurance lands Westpac in court

KARREN VERGARA  |  THURSDAY, 8 APR 2021
... were provided efficiently, honestly and fairly," court documents read. The action follows ASIC's investigation of 11 major banks and other lenders selling junk insurance. ASIC deputy chair Karen Chester said the investigations in late 2018 and 2019 found ...

Credit Suisse confirms multibillion-dollar loss

JAMIE WILLIAMSON  |  WEDNESDAY, 7 APR 2021
... outlets are reporting to be Archegos Capital. Archegos Capital defaulted on margin calls from several global investment banks, including Credit Suisse, on March 26. "This will negate the very strong performance that had otherwise been achieved by our ...