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Showing 7121 - 7130 of 17960 results for "Bank"

APRA debates whether "to model or not to model"

ALEX BURKE  |  FRIDAY, 13 NOV 2015
Internal risk models for financial institutions are still useful so long as industry isn't "seduced by the science," according to APRA chair Wayne Byres. Speaking at the Global Association of Risk Professionals (GARP) Global Risk Forum in Hong Kong ...

Banks to follow NAB's life insurance exit

ALEX BURKE  |  FRIDAY, 13 NOV 2015
... products; he noted that this would "release capital" and customers "will get better choice if more products are offered and the bank will take commission, which will be more stable income than profits on this business."

Tax reform must not betray women

DARREN SNYDER  |  THURSDAY, 12 NOV 2015
... commencement of parental leave and would be offset against cover under other insurance the individual would have." The Commonwealth Bank's submission cites many of these recommendations and recent research by Colonial First State Global Asset Management ...

FIIG arranges $40m Sunland bond issue

MARK SMITH  |  THURSDAY, 12 NOV 2015
FIIG Securities has arranged a $40 million issue of five-year fixed rate notes for listed residential property developer Sunland Group. The senior unsecured notes will pay an indicative interest rate of 7.55% and will require a minimum initial investment ...

XTB floaters listed on ASX

LAURA MILLAN  |  THURSDAY, 12 NOV 2015
... characteristic of floaters is that the coupon moves up and down over time in line with a specified benchmark rate, such as the bank bill swap rate (BBW). A rise in interest rates may result in a fall in the price of a fixed coupon bond, but the holder ...

IQ Group adds to executive leadership team

DARREN SNYDER  |  THURSDAY, 12 NOV 2015
Superannuation and wealth management consultant IQ Group has appointed a head of customer advocacy and assurance to align with the launch of the firm's new business unit. Joining IQ Group is Sharad Tanwar who will develop and deliver strategies to further ...

Cbus appoints ESG investment manager

DARREN SNYDER  |  THURSDAY, 12 NOV 2015
Industry superannuation fund Cbus has appointed a new environmental, social and governance (ESG) investment manager and is increasing company research and its direct engagement program. Joining the $31 billion fund is Nicole Bradford, replacing Louise ...

NAB and FPA back super in PPL

DARREN SNYDER  |  WEDNESDAY, 11 NOV 2015
... priority should be including super guarantee contributions in the Paid Parental Leave (PPL) scheme. Both National Australia Bank (NAB) and the Financial Planning Association (FPA) put the PPL at the top of their respective recommendations in public submissions ...

ME launches industry fund-branded credit cards

LAURA MILLAN  |  WEDNESDAY, 11 NOV 2015
ME Bank has partnered with three industry funds to offer superannuation members co-branded credit cards. AustralianSuper, Hostplus and Cbus are the first three industry funds to have their branding on a credit card. The initiative follows the release ...

Catholic Super reappoints NAS as custodian

DARREN SNYDER  |  WEDNESDAY, 11 NOV 2015
Catholic Super has reappointed National Australia Bank's Asset Servicing (NAS) business to provide custody and investment administration services for a further three years. NAS has been providing custody services to Catholic Super since 2005. The reappointment ...