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Showing 631 - 640 of 5969 results for "banks"

Aussies lose $328m to investment scams

KARREN VERGARA  |  MONDAY, 7 JUN 2021
... compared to 2019. Overall, 444,164 incidents were reported to the ACCC's Scamwatch, the government's ReportCyber, banks and payment platforms in 2020. About $131 million was lost to romance scams and $128 million was the result of business emails ...

LIBOR phased out by year end

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
... USD LIBOR - after the end of 2021." LIBOR is an interest-rate average calculated from estimates submitted by the largest banks in London. It is open to corruption and cartel behaviour due to the nature of relying on estimates submitted by the big banks ...

KPMG names risk consulting partners

ANNABELLE DICKSON  |  FRIDAY, 4 JUN 2021
... earlier this year. Donaldson joined from Oliver Wyman where he provided risk strategy and digital advisory services to leading banks and insurers and Bradford joined from Commonwealth Bank as head of transactions monitoring, international financial transfer ...

BlackRock unifies offering, rejigs executives

ANNABELLE DICKSON  |  THURSDAY, 3 JUN 2021
... Christian Obrist who has been promoted to lead iShares distribution Asia ex-Japan out of Hong Kong. BlackRock head of wealth and banks Chantal Giles has been appointed to the expanded role of head of iShares Wealth Australasia. She will lead a team responsible ...

Class action consultation opens

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... Class Actions Australia said the regulations could prevent compensation payouts to Australians that were cheated by big banks.

Chief economist update: OECD upgrades global growth but advises continued policy support

BENJAMIN ONG  |  TUESDAY, 1 JUN 2021
... This could trigger further containment measures and delay the economic rebound," the OECD said. The OECD prescribes central banks in advanced economies should keep monetary policy settings accommodative and allow "temporary overshooting of headline inflation... ...

ATO cracks down on crypto

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
... cryptocurrency operates in an anonymous digital world, we closely track where it interacts with the real world through data from banks, financial institutions, and cryptocurrency online exchanges to follow the money back to the taxpayer." The warning ...

UBS, Nomura cop fines over bond cartel

KANIKA SOOD  |  TUESDAY, 25 MAY 2021
... million by the European Commission for cartel conduct in government bond trading during the GFC. EC says the three investment banks breached antitrust rules through the participation of a group of their traders in a cartel in the primary and secondary ...

Poor financial literacy failing young workers

KARREN VERGARA  |  TUESDAY, 25 MAY 2021
... for 12 months or more while growing up; or lived in a single-parent home. "Our data shows young Australians are turning to banks, finance companies or searching online for financial advice to fill in the gaps in their knowledge. Banks and finance companies ...

Chief economist update: Recovery flashing hot, hot, hot

BENJAMIN ONG  |  MONDAY, 24 MAY 2021
... surprise). The question now is whether or not these are only transient inflationary pressures - as proclaimed by most central banks (led by the Fed and ex-BOJ) - or are early signs of things to come. The answer to this would determine future monetary ...