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Showing 721 - 730 of 5944 results for "Banks"

Chief economist update: China's post-pandemic economy

BENJAMIN ONG  |  WEDNESDAY, 16 SEP 2020
... so far this year - in February by 10 bps and in April by 20 bps - to 3.85% and cut its reserve requirement ratio for big banks by a total of 200 bps from 13% at the end of 2019 to 11% by May this year. While the PBOC remains on alert, recent activity ...

Banks lose US$635 billion

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
Global banks have cumulatively lost around US$635.33 billion in market capitilisation between December 2019 and August 2020, according to research from Buy Shares. The data indicated that 14 of the world's largest major global banks have suffered ...

High performance funds significantly underperform: Research

ALLY SELBY  |  FRIDAY, 11 SEP 2020
... performance funds over the three-year period. The worst performing high performance funds included VanEck Vectors Australian Banks ETF (-4.4% p.a), SPDR S&P/ASX 200 Financials ex-AREITs Fund (-5% p.a.) and BetaShares Australian Financials Sector ETF ...

Super funds to face parliamentary grilling

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
... Chair of the committee Tim Wilson said the hearings are an important part of the committee's scrutiny of the four major banks and other financial institutions. "Due to the impact of the COVID-19 pandemic a significant number of Australians have accessed ...

Banks to assess loan deferrals

ANNABELLE DICKSON  |  MONDAY, 7 SEP 2020
Australian banks will commence contacting the group of customers who have not resumed paying loans a result of the pandemic, according to the Australian Banking Association (ABA). Around 450,000 loan deferral customers will be assessed in September ...

Banks to be questioned on COVID-19 response

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
The big four banks are set to face the House of Representatives Economics Committee to discuss their response to the COVID-19 pandemic. Committee chair Tim Wilson said the hearings are part of the parliament's role in publicly scrutinising and holding ...

AMP does not treat advisers fairly: Poll

ELIZABETH MCARTHUR  |  TUESDAY, 1 SEP 2020
... aftermath of the Banking Royal Commission, with hundreds of planners bearing the brunt of brutal restructures and fire sales by banks and wealth funds," ombudsman Kate Carnell said earlier this year. "We remain concerned about a number of behaviours ...

Investors will be forced into equities: DeepData Analytics

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
... Wall Street reacted to the outbreak of COVID-19. Since March lows, markets have rebounded to pre-COVID levels as central banks and governments around the world rolled out massive stimulus measures.

Dividends ripe for the picking

ANNABELLE DICKSON  |  TUESDAY, 1 SEP 2020
... zero for at least the next two years." While investors relying on dividend income have traditionally looked to the big four banks, other opportunities have emerged including iron ore miners and gold miners. "We anticipate Australia's gold miners will ...

Robinhood effect steers share market

KARREN VERGARA  |  MONDAY, 31 AUG 2020
... point to the "seeds of the next boom" as evidenced in unprecedented stimulus from governments and money supplied by central banks across the globe. What puts it at risk, she warned, is if the money supply contracted or was pulled away. Then there is ...