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Showing 681 - 690 of 5944 results for "Banks"

NAB wins custody mandate

KANIKA SOOD  |  MONDAY, 7 DEC 2020
... got out of doing it itself. It later picked BNP Paribas but now is returning to NAB. NAB is the only one of the big four banks to offer custody and asset servicing. It has provided custody services since 1950 and global custody and investment administration ...

Robeco launches credit income fund in Australia

ANNABELLE DICKSON  |  FRIDAY, 4 DEC 2020
... in USD-denominated bonds, 45% in EUR-denominated bonds and 3% in GBP- denominated bonds. The top holdings include Spanish banks Banco Bilbao Vizcaya Argentaria, Banco De Sabadell and Bankia, Irish banks AIB Group and Bank of Ireland and French insurance ...

New internal audit guide for finance sector

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
A new best-practice guide for the boards and internal auditors of superannuation funds, banks and financial service providers has been released. The Institute of Internal Auditors (IIA) has released The Better Practice Guide, which was developed with ...

NAB names RBS alumnus as chief operating officer

ANNABELLE DICKSON  |  WEDNESDAY, 2 DEC 2020
... deliver on NAB's refreshed strategy and ambition to serve customers well and help our customers. That's what good banks should do," he said.

APRA takes action against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 1 DEC 2020
... also apply a 10% add-on to the net cash outflow component of its LCR calculation. "Under APRA's liquidity requirements, banks must maintain a sound liquidity risk management framework, ensuring accurate calculation of the LCR and NSFR1. While Westpac's ...

Finance is least ethical sector: Governance Institute

ANNABELLE DICKSON  |  FRIDAY, 27 NOV 2020
... organisations up 9% to 41% followed by independent superannuation funds at 28%, stock exchanges at 29% while investment banks scored 6% up from -10% and life insurance companies came in at 1%, up from -19%. Within the corporate sector, company secretaries ...

Australian Sustainable Finance Initiative launches

RACHEL ALEMBAKIS  |  TUESDAY, 24 NOV 2020
A coalition of more than 80 organisations including banks, insurers, superannuation funds and other stakeholders has released an ambitious list of recommendations to transform Australia's financial system to sustainable outcomes. The Australian Sustainable ...

Aussie dividends lag on global stage

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
... Index revealed Australian dividends suffered one of the biggest drops in the world as a result of the steep cuts made by banks, transport and leisure stocks. Commonwealth Bank, National Australia Bank and ANZ accounted for three fifths of Australia's ...

Funds management in ASIC spotlight

ELIZA BAVIN  |  THURSDAY, 19 NOV 2020
... managers on the hunt for yield (starved of that yield in government bond markets) are moving to where others retreat (the banks) from private debt." Chester said investment funds have become overly complex, and that, combined with old fashioned product ...

Aware Super finds airport returns despite COVID-19

ELIZABETH MCARTHUR  |  FRIDAY, 13 NOV 2020
Aware Super's investment in Bankstown Airport, in western Sydney, has proved resilient through COVID-19 - thanks in part to an investment in an air wing for NSW Police. Earlier this month, NSW Police opened its aviation support branch - also known as ...