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Showing 6871 - 6880 of 17960 results for "Bank"

Banking inquiry cost better spent on ASIC: AFA

KERRIE SYDEE  |  FRIDAY, 15 APR 2016
The money needed to hold a royal commission into banking would be better spent on supporting ASIC, according to the Association of Financial Advisers (AFA). Speaking at a media briefing in Sydney, AFA chief executive officer Brad Fox said there were ...

Former CFP GM joins industry super fund

DARREN SNYDER  |  FRIDAY, 15 APR 2016
... anniversary. Mitchell relocated to Australia with his family from Edinburgh, Scotland in 2009. He has held senior roles with Bank of Scotland Investment Service across their corporate, private banking and ultra-high net worth segments. During his time ...

Royal Commission won't hit banks where it hurts

ALEX BURKE  |  FRIDAY, 15 APR 2016
Labor's proposed $53 million Royal Commission won't change big bank behaviour like losing market share to smaller competitors would, according to the Customer Owned Banking Association. COBA chief executive Mark Degotardi argued in a statement that ...

Norwegian pension fund drops 52 coal companies

ALEX BURKE  |  FRIDAY, 15 APR 2016
Norges Bank has announced that 52 coal companies, including two Australian ones, will be excluded from the roughly $1 trillion Government Pension Fund Global. The exclusions came after the introduction in February of a new "product-based coal criterion" ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 15 APR 2016
... index's sub-components improved over the month. The latest labour market stats should ease pressure on the Korean central bank to cut interest rates. It has kept monetary policy on hold since June 2015 when it announced a 25 basis point reduction that ...

Largest five banks all Asian

MARK SMITH  |  THURSDAY, 14 APR 2016
... in Asia, and China-headquartered banks made up the top four, according to S&P Global Market Intelligence's latest global bank rankings, while Australian banks have slipped down the rankings. The three largest banks in the world continued to be Beijing-based ...

Aussie agtech the focus for US fund

DARREN SNYDER  |  THURSDAY, 14 APR 2016
A California-based venture capital firm has announced it is fundraising in Australia as part of a final closing for its US$150 million fund investing in agriculture technology. The Finistere Ventures II fund is targeting Australian institutional investors ...

Divestment integral for better returns

KERRIE SYDEE  |  THURSDAY, 14 APR 2016
Australian investors should be questioning their investments in fossil fuel stocks following the collapse of Peabody, according to Market Forces. The financial activist group said the long-expected bankruptcy of Peabody should serve as a "cautionary ...

NAB and PwC partner for tax app

ALEX BURKE  |  WEDNESDAY, 13 APR 2016
... automatically. On top of this, NAB has also launched a Visa debit card that uses the Airtax service. In a statement, the bank said the partnership came about due to the rapid growth of microbusiness in Australia - currently growing at a rate of 140% ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 12 APR 2016
... have become to foreign global investors, in 2003 only one third of Australia's government debt was held by foreigners. Japan bank lending It might still be early days but so far the Bank of Japan's (BOJ) negative interest rates policy appears to not ...