Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 6921 - 6930 of 17960 results for "Bank"

Easier for as long as necessary?

BENJAMIN ONG  |  MONDAY, 21 MAR 2016
... bankers. Such was the case last week when a number of central banks and their boards met to discuss money policy. While the Bank of Japan (BOJ) and the Bank of England (BOE) kept monetary policy unchanged - and despite at differing stages in their economic ...

Competitiveness at risk from STEM fall-off

WHITNEY FITZSIMMONS  |  MONDAY, 21 MAR 2016
... in STEM. Belinda Gibson who is Chair of the CEW Scholarship Committee and a Non-Executive Director of Citigroup's retail bank in Australia said STEM literacy is critical to Australia remaining competitive in the Asian Century. "Australia has a problem ...

Retail managed funds rose strongly in 2015

MARK SMITH  |  FRIDAY, 18 MAR 2016
... under management with some of the better performances recorded by Macquarie (38.5%), AMP (6.3%), BT (6.2%), Commonwealth Bank/Colonial First State (5.7%), Perpetual (4.8%) and Mercer (3.8%). Plan For Life said the large jump in Macquarie funds recorded ...

FSC salutes choice reforms, ISA calls for more transparency

ALEX BURKE  |  FRIDAY, 18 MAR 2016
... provide consumers with the information they need to make an informed decision. "The government should be requiring retail and bank-owned super funds to provide easy to understand, comparative information about all of their investment options, much like ...

ME lifts profit 8pct

MARK SMITH  |  THURSDAY, 17 MAR 2016
Industry super fund-owned bank ME has posted an after-tax underlying net profit of $30.2 million for the six months to 31 December 2015, a rise of 8% on the previous corresponding period. ME chief executive Jamie McPhee said it was a strong result in ...

Australian non-bank finance shows robust growth

WHITNEY FITZSIMMONS  |  WEDNESDAY, 16 MAR 2016
A comprehensive study of Asia-Pacific's alternative finance markets sector has shown the Australian market has grown by 320% in 2015. The study conducted by the Cambridge Centre for Alternative Finance, the Tsinghua University Graduate School and the ...

Senate recommends immediate adviser bans following "bitter harvest"

ALEX BURKE  |  TUESDAY, 15 MAR 2016
The Senate Economics References Committee has recommended legislative amendments which would allow ASIC to immediately suspend a financial adviser if "egregious misconduct" is suspected. Released today, the committee's report on the agribusiness managed ...

ANZ appoints PwC for OnePath compliance review

ALEX BURKE  |  TUESDAY, 15 MAR 2016
ANZ has appointed PwC to conduct an independent review of its compliance processes in its OnePath businesses. ASIC raised concerns following ANZ breach reports in 2013 to 2015 regarding life and general insurance, superannuation and funds management ...

PGI appoints institutional sales director

KERRIE SYDEE  |  TUESDAY, 15 MAR 2016
... specialist with the institutional distribution team. Prior to that, he held distribution roles with both Challenger and the Bank of Ireland. At PGI Gaffney will be responsible for generating institutional sales and maintaining Australian consultant relationships ...

No tears for China's disappointing data

BENJAMIN ONG  |  TUESDAY, 15 MAR 2016
... economy is slowing - or they've discounted the disappointing numbers as due to seasonal factors (Lunar New Year) or People's Bank of China Governor Zhou Xiaochuan's "prevention is better than a cure" policy worked, or all of the above. Chinese industrial ...