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Showing 6961 - 6970 of 17960 results for "Bank"

Crouching services, contracting manufacturing

BENJAMIN ONG  |  WEDNESDAY, 2 MAR 2016
... last year, China's service sector has noticeably been in trend slowdown over the past few years. These explain the People's Bank of China's (PBOC) surprise 50 bps cut in the reserve requirement ratio (RRR) the day before (29 February) to 17% for big ...

RBF awards $175m credit mandate

MARK SMITH  |  TUESDAY, 1 MAR 2016
... The $5.4 billion fund's decision to invest with Shenkman will provide sector diversification benefits beyond the existing bank loans and structured credit; Shenkman's strategy includes an exposure to convertible bonds and RBF said they have a strong ...

Financial services jobs at risk of automation

ALEX DUNNIN  |  TUESDAY, 1 MAR 2016
... while technology will decrease some jobs it will also create an increased demand for others. The report cites the example of bank tellers whose numbers declined by 50% from 100,000 to 50,000 between 1995 and 2015 due to automation. But by making the ...

Credit Union enters super through platform

DARREN SNYDER  |  TUESDAY, 1 MAR 2016
... [super] offering to its members," Mackely said. CUBS Super has now been implemented by five institutions including Defence Bank, Qantas Credit Union, Hunter United Credit Union and Victorian Teachers Mutual Bank.

A "must do" for the ECB

BENJAMIN ONG  |  TUESDAY, 1 MAR 2016
... volatile nature of energy prices. But Draghi doesn't view it this way. As the ECB president explained in his Q&A after the bank's 21 January meeting: "Let me refer to what we are looking at when we have these dramatic movements in oil price, but also ...

Governance reform not targeting industry funds: O'Dwyer

MARK SMITH  |  MONDAY, 29 FEB 2016
Assistant Treasurer and Minister for Small Business Kelly O'Dwyer has insisted the proposed governance reforms for superannuation funds are not targeting the not-for-profit sector in a speech where she cited the privacy breach at Cbus as a sign that ...

Australia aims to be APAC fintech leader

DARREN SNYDER  |  MONDAY, 29 FEB 2016
... Asia." Promoting innovative Australian financial services and products in Asia, the Treasurer also visited the Commonwealth Bank's innovation lab in Hong Kong on Thursday before holding a fintech roundtable in Shanghai on Friday. The announcements follow ...

A "chilling" moment for the RBA

BENJAMIN ONG  |  MONDAY, 29 FEB 2016
In case you missed it, finance and central bank head honchos of the Group of 20 (G-20) met over the weekend in Shanghai. But you may as well have (missed it, that is) for it was more of the same - promised-filled and action-short. In its communique ...

YBR chair appoints two chief executives in business revamp

ALEX BURKE  |  THURSDAY, 25 FEB 2016
... consolidating the businesses (and bringing Vow Financial under the YBR brand) would enable YBR to become "the leading non-bank financial service company in Australia" and reach certain 2020 milestones including an $100 billion loan book, 30% wealth clients ...

Unconstrained bond funds disappoint in 2015

MARK SMITH  |  WEDNESDAY, 24 FEB 2016
... significantly lower. The overall return after fees for the unconstrained sector in 2015 was 2.05%, significantly below the AusBond Bank Bill Index return of 2.33%. Most fixed interest sectors were down on 2014, with 2015 annual returns well below three-year ...