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Showing 71 - 80 of 2062 results for %22Bank of China%22

Most ethical companies revealed

ELIZABETH MCARTHUR  |  THURSDAY, 25 FEB 2021
... Financial Group, Prudential, Cuna Mutual Group, Thrivent, TIAA, Voya, MassMutual, Pacific Life and Unum, BMO, Firth Third Bank, Old National Bank, Allianz, Aflac and US Bank. The only Australian company to make the list was Teachers Mutual Bank. There ...

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
The Reserve Bank of Australia (RBA) painted a pretty picture of the Australian economy in its first board meeting for 2021. RBA governor Philip Lowe's statement at the conclusion of the Australian central bank's February meeting was optimistic ...

Chief economist update: Prepare for lift off

BENJAMIN ONG  |  WEDNESDAY, 27 JAN 2021
... inflation is expected to remain subdued during 2021-22. In advanced economies it is projected to remain generally below central bank targets at 1.5 percent. Among emerging market and developing economies inflation is projected just over 4 percent, which ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
... than the annus horribilis that preceded it, risks remain. Recall that this time last year, the world was applauding the US-China trade deal. Trump's now gone and Biden could begin repairing Sino-Yankee relations. But Australia has graduated from ...

Australian banks among most fined

ELIZABETH MCARTHUR  |  TUESDAY, 12 JAN 2021
... role in underwriting 1MDB bonds. The second largest US fine was $3 billion, handed to Wells Fargo after it was revealed the bank had set up millions of fake accounts. Australian banks came in second place, with just three fines managing to add up to ...

ASIC takes action on Union Standard

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... investigation was underway. Union Standard gave an undertaking to the court to keep specified monetary amounts in a separate bank account. In July, ASIC suspended Union Standard's AFSL and two months later cancelled it. In the same month, BRI Ferrier ...

CBA provides BoCommLife update

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
Commonwealth Bank of Australia (CBA) has made progress on exiting life insurance after the China Banking and Insurance Regulatory Commission approved the sale of its stake in BoCommLife. The bank will divest its 37.5% stake in BoCommLife to MS&AD Insurance ...

LaSalle appoints new APAC chief

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
... Pacific chief executive has been appointed in LaSalle Japan chief executive Keith Fujii. Fujii has previously held roles with Bank of America Merrill Lynch, Grove International Partners and Shinsei Bank. Meanwhile, head of Greater China Claire Tang and ...

Chief economist update: David Australia versus Goliath China

BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2020
The Reserve Bank of Australia (RBA) kept monetary policy unchanged at its December board meeting - the last of 2020 - and for good reason. "In Australia, the economic recovery is under way and recent data have generally been better than expected... ...

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
... under, it wouldn't be a surprise to find Prime Minister Scott Morrison, Federal Treasurer Josh Frydenberg and Reserve Bank of Australia chief Philip Lowe - also known as Team Australia - crooning this tune at the now opened karaoke bar... and a rendition ...