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Showing 51 - 60 of 417 results for "Big four banks"

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 ...

Wealth jobs in demand

HARRISON WORLEY  |  MONDAY, 15 JUL 2019
... intend to increase permanent staff levels. The firm said mergers and acquisitions, the FASEA exam and moves by the big four banks to move their wealth arms had led to "mass redundancies", but added the skills in demand are still relatively consistent. ...

Chief economist update: RBA justified to cut rates or not

BENJAMIN ONG  |  FRIDAY, 28 JUN 2019
... unrealistic to expect a further reduction in the cash rate." But will it be as soon as next week? Australia's big four banks - ANZ, Commonwealth Bank, NAB, Westpac - think the RBA will announce a 25 bps reduction in interest rates at the conclusion ...

Regional Australia Bank and Holiday Coast merge

ELIZABETH MCARTHUR  |  FRIDAY, 31 MAY 2019
... chair Graham Olrich said: "While the sector proudly continues to grow, particularly as people turn away from the big four banks, it is smaller institutions that find it difficult to sustain that growth and keep pace with digital transformation and increasing ...

Super funds can spearhead infrastructure: Expert

HARRISON WORLEY  |  WEDNESDAY, 29 MAY 2019
... the Australian economy. Thomas said it was hard to put a number on it, but noted the decision of Australia's big four banks to jettison their wealth management operations was mathematical. The big banks certainly tried the wealth management and life ...

Big four satisfaction on road to recovery

HARRISON WORLEY  |  TUESDAY, 28 MAY 2019
... months after Kenneth Hayne handed down his final report into misconduct in financial services, customers of the big four banks are starting to feel more satisfied. Latest Roy Morgan findings show customer satisfaction with Australia's largest banks is ...

Chief economist update: The power of one

BENJAMIN ONG  |  TUESDAY, 28 MAY 2019
... Financial Standard has called it before Bill did - in early June last year. Back when the chief economists of the Big Four Banks were revising their forecasts from two rate HIKES to one rate HIKE to NONE. Financial Standard was also the first to prescribe ...

Lifecycle fails to woo industry super

KANIKA SOOD  |  MONDAY, 20 MAY 2019
... UniSuper and Hostplus have so far stuck to single strategy products. On the other hand, the super businesses of all big four banks now use lifecycle products as defaults, with NAB's MLC being the latest entrant. In total, 25 super funds with at least ...