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Showing 821 - 830 of 5945 results for "Banks"

Law firm bolsters financial services team

ELIZA BAVIN  |  FRIDAY, 15 MAY 2020
... Australia. Prior to that, Henry was a regulator at the UK's Financial Conduct Authority, focussing on conduct in retail banks, and was seconded in-house at a UK retail bank. Henry's focus will be on the financial services sector locally and internationally ...

ASIC secures $160m in remediation over junk credit insurance

ALLY SELBY  |  THURSDAY, 14 MAY 2020
ASIC has announced it has secured $160 million in remediation for consumers sold junk credit insurance from 11 major banks and lenders between 2011 and 2018. These include offerings from ANZ, Australian Central Credit Union, Bank of Queensland, Bendigo ...

Revenues lift 30% at Xero

ALLY SELBY  |  THURSDAY, 14 MAY 2020
... information, in-application data and preparation for government stimulus packages), and collaboration with governments and banks on the impacts to small business and how assistance is provided." Despite the firm's strong results, it stopped short of ...

Retirees hurt by APRA dividend pressure

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
... made matters worse, according to Midsec Financial Advice. Midsec director Phillip Middleton said APRA's pressure on the banks to cut or at least reduce their dividends to protect capital ratios was a poorly considered approach because it impacts shareholders ...

Australia facing largest ever GDP fall

ELIZA BAVIN  |  WEDNESDAY, 13 MAY 2020
... our competitiveness." Meantime, deVere chief executive Nigel Green said investors should prepare for the world's central banks to continue cutting rates into the negative. "A new global era of negative interest rates would have been unimaginable even ...

Investment manager launches income fund

ALLY SELBY  |  TUESDAY, 12 MAY 2020
... securities." In the past, Australian investors have also relied heavily on fixed income investments with high exposures to banks and local mortgages, Benveniste said. "The Ares Global Credit Income Fund seeks to meet this need for higher income and diversification ...

Global asset manager launches new fund

ELIZA BAVIN  |  MONDAY, 11 MAY 2020
... fundamental research and risk analysis as well as technical tailwinds, such as supportive liquidity policies of central banks and a migration of the investible universe well beyond the US," Hall said. Benchmarked against the ICE BoFA Global High Yield ...

Trust in big four improves

ALLY SELBY  |  MONDAY, 11 MAY 2020
Consumer trust in Australia's big four banks has made headways during the COVID-19 crisis, yet despite the improvement they still don't make the top 10. Surveying 1250 Australians in relation to 31 banks, the Australian Banking Brand and Trust index ...

Investors back corporate bonds as COVID-19 winner

ALLY SELBY  |  THURSDAY, 7 MAY 2020
As COVID-19 batters the once celebrated yield-providing banks, investors have turned to corporate bonds in their search for income. Amid the spiraling economic environment, investors have become increasingly aware of the difference between "dividends" ...

Long/Short fund returns 23.2% in April

ALLY SELBY  |  WEDNESDAY, 6 MAY 2020
... the fund said the surge in performance came following enormous fiscal and monetary support from governments and central banks. "The fund performed strongly due to a recovery in many stocks that had been oversold in March, along with some significant ...