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Showing 6911 - 6920 of 17960 results for "Bank"

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 29 MAR 2016
... 4.8% rate back in May 2015, cheap oil and Western sanctions will continue to batter Moscow's economic fortunes. Worse, the Bank of Russia has no room to provide monetary policy accommodation because it deems that "inflation risks remain high". The Russian ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 24 MAR 2016
... year) - the best the Banco Central do Brazil could do was keep interest rates on hold because of high inflation. The central bank kept benchmark SELIC rate unchanged at an 8-year high of 14.25% in March after lifting it a total of 250 bps last year alone. ...

NAB appoints ex-Genesys MD

ALEX BURKE  |  THURSDAY, 24 MAR 2016
... Group. Prior to that, he was vice president, sales and marketing at Tax & Financial Group. At NAB, Steele will manage the bank's 500 advisers servicing personal and business bank customers. Commenting on his appointment, Steele said "NAB Financial Planning ...

PIMCO receives Zenith upgrade

KERRIE SYDEE  |  WEDNESDAY, 23 MAR 2016
Zenith has upgraded the PIMCO Global Bond Fund, PIMCO Credit Fund and PIMCO Diversified Interest Fund from 'Recommended" to "Highly Recommended". PIMCO Capital Securities Fund, which invests in securities issued by banks specifically to raise regulatory ...

Martin Currie cautious on dividend growth

DARREN SNYDER  |  WEDNESDAY, 23 MAR 2016
Companies continuing to cut their capital expenditure year-on-year to shore up cash flows primarily for dividend growth are not good candidates for income funds, according to one Australian equity house. At a Martin Currie Australia briefing in Sydney ...

Platforms rise by $51.4bn in 2015

DARREN SNYDER  |  WEDNESDAY, 23 MAR 2016
... and up 15.2% over the past year. Macquarie ($57.8 billion), AMP ($51.6 billion), BT ($43.7 billion) and National Australia Bank/MLC ($28.9 billion) dominate the wrap market accounting for almost two-thirds of the overall total. Plan for Life said from ...

Republican brands Dodd-Frank "regulatory waterboarding"

MARK SMITH  |  TUESDAY, 22 MAR 2016
... banks to obtain "vast regulatory relief" if they are willing to hold higher amounts of capital to guard against risks. "If a bank chooses to have a fortress balance sheet that protects taxpayers and minimises systemic risk, then bankers ought to be allowed ...

Further fintech reform on cards

DARREN SNYDER  |  TUESDAY, 22 MAR 2016
... feeds will be delivered in minutes and will cover feeds that have until now been difficult to obtain, such as individual bank, mortgage, credit card, loan, term deposit, industry superannuation fund, self-managed superannuation and direct share accounts. ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 22 MAR 2016
... - indicates continued weak domestic activity, if not a return to recession. As such, financial markets expect the central bank to follow-up its 12.5 bps rate cut announced last December with another 12.5 bps reduction as soon as this week. This will ...

AMMA adds voice to superannuation choice

KERRIE SYDEE  |  MONDAY, 21 MAR 2016
AMMA (Australian Mines and Metals Association) has welcomed proposed legislation to ensure unions cannot stop Australian employees choosing their own superannuation fund. In response to the Superannuation Legislation Amendment (Choice of Fund) Bill ...