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Showing 6861 - 6870 of 17960 results for "Bank"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 22 APR 2016
ECB policy decision As expected, the European Central Bank (ECB) kept monetary policy unchanged - repo rate at 0%; marginal lending facility rate at 0.25%; deposit facility rate at minus 0.4%; monthly purchases at €80 billion - at its 21 April meeting. ...

Banks launch major consumer protection program today

ALEX BURKE  |  THURSDAY, 21 APR 2016
... commissions, led by Gilbert + Tobin Lawyers senior partner Gina Cass-Gottlieb. Whistleblower protections will also be enhanced. Each bank will appoint an independent customer advocate, broaden external dispute resolution schemes and "evaluate the establishment ...

Government boosts ASIC with $127m package

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
Following industry speculation, the Turnbull Government has announced a $127.2 million reform package for ASIC. The announcement follows Labor's calls for a Royal Commission into the financial services industry, which both the Prime Minister and Treasurer ...

Turnbull highlights ASIC resources boost in Parliament

ALEX BURKE  |  TUESDAY, 19 APR 2016
... would consider a Royal Commission for cases like a 75-year-old whose financial adviser "admitted to ripping him off but his bank is still trying to sell his house," Turnbull dismissed the idea, repeating that ASIC already has the powers to address issues ...

BlackRock's Fink issues stark warning for global economy

MARK SMITH  |  TUESDAY, 19 APR 2016
... the past 18 months, adding that the waning construction boom in China has "left a lasting impact on real estate values and bank balance sheets, raising questions on how the country will fuel future growth." Commenting on developed world central bank ...

NAB launches asset backed green bond

MARK SMITH  |  TUESDAY, 19 APR 2016
National Australia Bank (NAB) has launched Australia's first Green ABS securitisation transaction for FlexiGroup. It represents Australia's first Australian-dollar denominated, publicly offered asset-backed green bond and the world's first "Climate ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 19 APR 2016
... Zealand's annual inflation rate of 0.4% in the March quarter (from 0.1% in the previous quarter) remains below the Reserve Bank of New Zealand's 1% - 3% inflation target range. The latest reading marks the 6th straight quarter where the headline inflation ...

CPA granted AFSL

KERRIE SYDEE  |  MONDAY, 18 APR 2016
ASIC has granted CPA Australia an Australian Financial Services licence (AFSL) and an Australian Credit Licence (ACL) for its wholly owned subsidiary, CPA Australia Advice. The granting of the licences is an important step in the establishment of the ...

No more tears?

BENJAMIN ONG  |  MONDAY, 18 APR 2016
Is it still April Fool's or what? We all know it's just for a day - the 1st of April - but exactly two weeks after, the sun is shining, the sky is blue and everything's looking wonderful for me and you. Yes Virginia, financial markets - or more accurately ...

HSBC appoints new head of global banking in Australia

WHITNEY FITZSIMMONS  |  FRIDAY, 15 APR 2016
Hamish Kelly has been appointed as the head of global banking in Australia for HSBC. Kelly will be responsible for leading the coverage of large corporate, multinational, financial and government clients within HSBC's global banking and markets business. ...