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Showing 921 - 930 of 2601 results for "Institutions"

Perpetual distribution lead departs

JAMIE WILLIAMSON  |  WEDNESDAY, 17 OCT 2018
... its commitment to growing its intermediary business in Australia. Based in Sydney, he will focus on local financial institutions and private wealth managers, the fund manager said. Thompson has been with Perpetual for more than six years, having commenced ...

Chief economist update: China on the down low

BENJAMIN ONG  |  WEDNESDAY, 17 OCT 2018
... because of its trade war with the US. The 100 basis point cut in the reserve requirement ratio - to 14.5% for large institutions and 12.5 percent for smaller banks - the PBOC announced earlier this month took effect this week and is expected to inject ...

Temenos scores digital transformation mandate

KARREN VERGARA  |  TUESDAY, 16 OCT 2018
... listed in the Swiss Stock and provides banking software systems to retail, corporate, wealth managers, and financial institutions.

Ban Dollarmites: Spot poll

KARREN VERGARA  |  MONDAY, 15 OCT 2018
... readers agree that CBA's Dollarmites program and any other financial products promoted in schools by financial institutions should be banned. However, 38% of readers disagreed with this statement, claiming that initiatives like Dollarmites help promote ...

Millennial money changes course after RC

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
... George Lucas said the high number of risk-averse millennials correlates with the idea of disillusionment in financial institutions. "It is not surprising that they still are reluctant to consolidate their superannuation into one financial institution ...

FSU, FSC respond to interim report

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
... union agrees wholeheartedly with Treasurer Josh Frydenberg that culture and conduct of Australia's financial institutions has fallen below the expectations and standards of the community. Hayne was right to say greed is the motive behind the sector's ...

Frydenberg slams financial sector greed

KARREN VERGARA  |  FRIDAY, 28 SEP 2018
... of consumers and the most basic standards of honesty. Frydenberg told a press conference that too often, financial institutions have focused on selling products and the culture of greed was embedded in remuneration practices and policies, coupled with ...

Banking remuneration practices to blame for misconduct

MICHELLE BALTAZAR  |  FRIDAY, 28 SEP 2018
... leadership. The interim report found that the APRA Information Paper on Remuneration practices at large financial institutions released in April this year didn't put an emphasis on the link between remuneration and the likelihood of misconduct. "Given ...

Advice industry in hot water

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
... said. Releasing his interim report today, Hayne has said of the misconduct within Australia's major financial institutions exposed by the Commission: "No matter whether the motive is called 'greed', 'avarice' or 'pursuit of profit' ...

Macquarie chiefs embroiled in German investigation

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... previously notified, MGL has provided for these matters," Macquarie Group said. "Macquarie was one of over 100 financial institutions involved in this market, from which it withdrew in 2012."