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Showing 51 - 60 of 424 results for "Big four banks"

Not safe to launch: APRA

HARRISON WORLEY  |  WEDNESDAY, 8 APR 2020
... APRA's warnings come as ratings agency Fitch downgrades the Issuer Default Ratings (IDR) ratings of Australia's big four banks and their New Zealand subsidiaries from AA- to A+. Fitch said the new ratings reflect its expectations of "a significant ...

Super funds called out over liquidity

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
... April. Hearings on the financial advice sector will be scheduled for later in 2020. Wilson said hearings with the big four banks, which were scheduled for June this year, will be deferred until later in 2020. "It remains important that the banks and ...

Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... report saw it turn to a buyer's market, Radar Results said. Add to this that just last month the firm said the big four banks are now refusing to loan less than $1 million to practices, forcing them to turn to non-traditional lenders and pay much higher ...

Latitude Financial joins banks on AFCA complaints list

ALLY SELBY  |  MONDAY, 13 JAN 2020
Latitude Financial Group has joined the big four banks and a number of insurers as the most complained about financial services companies in the country. It comes after a particularly bad year for Latitude; suffering what has been deemed the biggest ...

IOOF identifies 67 high risk advisers

ELIZA BAVIN  |  FRIDAY, 10 JAN 2020
... further information once it has completed its internal analysis. Despite remediation payments lagging behind the big four banks, IOOF said it believes doing analysis over a six month period would be considered "reasonably swift".

ASIC bans former Charter, NAB adviser

KANIKA SOOD  |  WEDNESDAY, 8 JAN 2020
... ASIC's decision. He is the 64th adviser to be banned by ASIC under its investigation of the conduct at the big four banks, AMP and Macquarie. ASIC is looking at the conduct of Australia's biggest financial institutions in areas of credit and ...

Tech to topple banking: RBA

ALLY SELBY  |  WEDNESDAY, 18 DEC 2019
Tech companies are poised to disrupt the dominant position of the big four banks on the financial system in the coming years. That's according to the RBA's head of financial stability Jonathan Kearns, who on Monday at the Australasian Finance and Banking ...

VanEck launches new fixed income ETF

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... "Subordinated bonds have higher yield and higher risk than traditional floating rate bonds. "But those issued by the big four banks are still investment grade and are lower risk than shares (tier 1 capital) and hybrids (additional tier 1 capital), as ...

AMP, HESTA, Hostplus lose out in ratings

STAFF WRITER  |  THURSDAY, 26 SEP 2019
... was also marked down by the Ethical Advisers' Co-op who said they were concerned about its holdings in the big four banks, Unilever and JD.com as well as its voting record. But HESTA has just been named in the United Nations Principles for Responsible ...

APRA opens margin requirement talks

HARRISON WORLEY  |  THURSDAY, 15 AUG 2019
... risk self-assessment. APRA said the extra capital requirement - the first applied to an institution outside the big four banks since the CBA prudential inquiry - would remain in place until its remediation work was complete and identified gaps were c ...