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Showing 6671 - 6680 of 17960 results for "Bank"

Focus on older men will kill financial planning

ALEX BURKE  |  FRIDAY, 22 JUL 2016
The over-representation of over-50 men in financial advice spells doom for the industry, according to Affinia head Marcus O'Sullivan. Commenting on a panel at the 2016 FSC Leaders Summit in Melbourne, O'Sullivan said the severe lack of diversity in ...

Economic Wrap

ALEX DUNNIN  |  WEDNESDAY, 20 JUL 2016
... reserves climb to $70bn Australia's holdings of foreign reserves climbed 4% during 2015-16 to $70 billion, reports the Reserve Bank of Australia. Reserves held as foreign currency remained steady on 84% while holdings of gold increased marginally from ...

Industry innovation is not coming from within: Sharp

DARREN SNYDER  |  TUESDAY, 19 JUL 2016
InPayTech executive chairman and financial services stalwart Don Sharp is calling out regulatory challenges faced by Australian fintechs and is encouraging the federal government to take a long-term view on disruptive industry legislation. The comments ...

AMP gets court date for China fund appeal

ALEX BURKE  |  TUESDAY, 19 JUL 2016
... p.a. since its inception in January 2007. The fund's largest current holdings are Ping An Insurance Group, China Merchants Bank, China Minsheng Banking Corp, China Vanke Cok, Shanghai Pudong Development Bank and Jiangsu Hengrui Medicine. Despite LIM ...

Executive reshuffle at KPMG

DARREN SNYDER  |  TUESDAY, 19 JUL 2016
... and executive general manager for customer services at Service Stream. He has also held various executive IT roles at ANZ Bank, Telstra, Rio Tinto and Sensis. Craig is an advisory board member of the CIO Executive Council Australia/New Zealand. Chief ...

US becomes post-Brexit equity safe haven

ALEX BURKE  |  FRIDAY, 15 JUL 2016
... further divisions. While the research said immediate negative economic effects could be mitigated by policy response from the Bank of England and the ECB, European equities will face a de-rating in equity multiples due to the higher risk premium caused ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 15 JUL 2016
... business and consumer confidence. BOE policy unchanged It did not happen overnight but it will happen... in August. This was the Bank of England's message after its 14 July policy deliberations - the first monetary policy committee meeting post-Brexit ...

Report shows bank reform well underway

DARREN SNYDER  |  THURSDAY, 14 JUL 2016
... supporting ASIC as a strong regulator. The first quarterly report is being welcomed across the banking industry with Commonwealth Bank group executive retail banking services, Matt Comyn, saying the report shows that the reform process from the industry ...

NAB merger creates largest retail super fund

ALEX BURKE  |  THURSDAY, 14 JUL 2016
... in FUM. This 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 of the ...

PIMCO bolsters investment team

MARK SMITH  |  THURSDAY, 14 JUL 2016
... was head of property research for BNP Paribas (Asia) and he held various positions at J.P. Morgan Securities and Macquarie Bank. In his new role, Chen will report to Raja Mukherji, executive vice president and head of credit research, Asia, who is also ...