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Showing 71 - 80 of 625 results for "Financial Sector"

Equities revenue boost for US banks

ELIZABETH MCARTHUR  |  THURSDAY, 15 APR 2021
... the analyst estimate of US$2.65 billion according to Gilbert. "These results provide strong support that the financial sector is recovering, and the bank is in a great position to take advantage of the economic upcycle," he said. Similarly, Wells Fargo ...

ASIC pursues criminal charges in super

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAR 2021
... seeking pecuniary penalties, alleging the funds breached the Corporations Act and ASIC Act. In December 2020, the Financial Sector Reform (Hayne Royal Commission Response) Bill was passed, delaying the ban on super trustees using member's money to ...

Celebrating women in financial services

STAFF WRITER  |  MONDAY, 8 MAR 2021
... opportunity to assume a more dominant presence in the industry. As most know, women are under-represented in the financial sector and are also less likely to be promoted to high executive roles. Q: What is one change that you've been grateful to ...

Women hit hardest by pandemic

KARREN VERGARA  |  FRIDAY, 5 MAR 2021
... emotional toll of financial insecurity, significantly impacting their mental health and wellbeing." According to a Financial Sector Union survey of its members, only 52% of women were able to work from home during the pandemic compared to 73% of men. ...

Government passes advice, super reforms

ANNABELLE DICKSON  |  FRIDAY, 26 FEB 2021
... Funds must now be reunited with members within 28 days. Two key pieces of legislation were passed yesterday: the Financial Sector Reform (Hayne Royal Commission Response No. 2) Bill 2020 and passed the Treasury Laws Amendment (Reuniting More Superannuation) ...

AFCA chair under fire

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... a blind eye to money laundering, Telford wondered how Coonan could possibly be fit to chair AFCA and hold the financial sector to account for consumer complaints. "Chairing Crown and AFCA is much like the start of Matchstick Men staring Nicolas Cage," ...

ASIC to take targeted approach with PIP

ELIZA BAVIN  |  WEDNESDAY, 17 FEB 2021
... significant consumer detriment." Additionally, Hughes said PIP enables ASIC to confront, and respond to, harms in the financial sector in a targeted and timely way. "But there are important checks and balances - it is a temporary intervention power ...

Deutsche Bank appoints local head

KANIKA SOOD  |  FRIDAY, 12 FEB 2021
... the team and look forward to increasing our coverage of the considerable opportunity present in the Australian financial sector," said Deutsche Bank head of investment banking coverage and advisory for Australia Hugh Macdonald. "After a strong finish ...

Financial sector has deep pockets for philanthropy: Report

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
A new philanthropic report finds that ASX-listed financial firms were among the largest donors that gave generously to the coronavirus and bushfire appeals. An analysis by Strive Philanthropy found the largest ASX-listed companies pledged $1.1 billion ...

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
... economic and social fabric, notably through widespread bankruptcies and job losses. This would also hurt the financial sector, increase long-term unemployment and worsen inequalities."