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Showing 941 - 950 of 5945 results for "Banks"

NGS Super sets up impact committee

KANIKA SOOD  |  FRIDAY, 24 JAN 2020
... executive David Neal, ranks executives at the world's largest sovereign funds, pensions, endowments, foundations and central banks.

Former Wells Fargo chief banned for life

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... statement. "The actions announced by the OCC today reinforce the agency's expectations that management and employees of national banks and federal savings associations provide fair access to financial services, treat customers fairly, and comply with ...

Technology to transform coming decades

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... currencies will lose their dominant position, both domestically and - in some instances - globally too." It argued that central banks will launch their own digital currencies, triggering competition between private sector and the state. Just two weeks ...

The growing risk to financial advisers

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... which I imagine would be more specific personal advice that would cover more than their superannuation arrangement." With banks exiting advice, people will rely on the financial relationship they have with their super funds, he said. "I expect this to ...

Your Super, Your Choice debate heats up

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
... whole working life will be 6% worse off than those with just one. "We don't have laws which force people into particular banks, why does this still exist for super, one of the biggest assets Australians will have?" Loane said. "The FSC is a long-standing ...

Class action accuses CFS of dodgy insurance fees

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
... tough. "In a class action, we all have a chance at having the money we paid, back in our pockets. It doesn't belong with the banks." Jancauskas said CFS and CommInsure were motivated by self-interest, accusing the CBA subsidiaries of vertical integration. ...

Banking sector losses continue

ELIZA BAVIN  |  THURSDAY, 23 JAN 2020
Australian banks continue to take a beating, with all of the Big Four losing brand value, according to a report from Brand Finance Australia. The report said the hit comes as the delayed effects of the global economic slowdown are being felt around ...

Aussie investment gurus delve into alternatives

ALLY SELBY  |  WEDNESDAY, 22 JAN 2020
... anticipating inevitable market cycle changes and taking steps now to fortify their portfolios," he said. "Meanwhile, with central banks seemingly united in their commitment to deploying unconventional monetary stimulus tools at their disposal to support ...

Aussie share funds boast stellar 2019

ALLY SELBY  |  MONDAY, 20 JAN 2020
... "Nevertheless, the S&P/ASX 300 Index had its strongest year since 2009, driven by widespread policy easing from Central Banks globally, boosting investor sentiment and equity valuations." The top performing funds for the year allocated their assets wisely. ...

Chief economist update: Happy New Year rat

BENJAMIN ONG  |  MONDAY, 20 JAN 2020
... (US$28.6 billion) worth of liquidity into China's financial system via its MLF (medium-term lending facility) loans to banks and the prior week's announcement reduction of the one-year MLF loans from 3.30% to 3.25% -- the first cut since 2016 ...